Tag: Roboforex
EURUSD, “Euro vs US Dollar” In the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer be valid if the price […]
At the beginning of the new week of August, the BTC is growing. This is good news: if the leading crypto remains stubborn and confident, it might escape the flat by the upper border. Now the BTC costs $23,787. The task of the crypto sector for the nearest few days is securing above $25,000. Next, […]
EURUSD, “Euro vs US Dollar” Having broken 1.0186 downwards, EURUSD is expected to continue falling towards 1.0122 and may later start another growth to return to 1.0186. After that, the instrument may resume trading downwards with the target at 1.0120, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” […]
EURUSD reached stability; the asset remains inside its strategic sideways channel. The major currency pair is slowly rising, but it can be clearly seen that investors have no idea of what to do next. The current quote for the instrument is 1.0183. On one hand, investors got a very clear signal that the stability of […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.2115 and then resume moving downwards to reach 1.1765. Another signal in favour of a further downtrend […]
BRENT As we can see in the H4 chart, Brent is trading within the “oversold area”. In this case, the price is expected to break -1/8 and continue moving upwards to reach the resistance at 1/8. However, this scenario may no longer be valid if the asset breaks the support at -2/8 to the downside. […]
EURUSD, “Euro vs US Dollar” After breaking 1.0186 upwards, EURUSD is expected to continue growing towards 1.0256. Later, the market may resume trading downwards with the target at 1.0115, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed the descending wave at 1.2065; right now, it […]
EURUSD, “Euro vs US Dollar” EURUSD continues testing the resistance area. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0190 and then resume moving upwards to reach 1.0415. Another signal in favour of a further uptrend […]
After several failed attempts, the BTC is trying to rise once again. As a result, major crypto has been “in the red” for seven consecutive trading sessions, and here’s another attempt to correct that. On Friday, the BTC is looking rather neutral and trading at $23,244. The struggle between bulls and bears continues as they […]
GBPUSD priced in the decisions of the Bank of England, but barely moved anywhere. The Pound Sterling is balancing against the USD after the August meeting of the British regulator. The current quote for the instrument is 1.2164. The Bank of England had another meeting yesterday and raised the benchmark interest rate to 1.75% (+50 […]