Tag: Roboforex
EURUSD has plunged in the last 24 hours; the “greenback” is in demand. The major currency pair plummeted. The current quote for the instrument is 1.0180. Demand for “safe haven” assets went up and the USD took advantage of the situation. Geopolitics, of course, is talking on the central stage. We’re talking about the speaker […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 6/8 […]
EURUSD resumed its growth after weak PMI releases. The major currency pair is back to growing. The current quote for the instrument is 1.0244. The start of this trading week was rather struggling – the economic calendar offered a lot of PMI data from China, the US, and the Euro Area, which was minor. On […]
EURUSD, “Euro vs US Dollar” Having formed the consolidation range around 1.0240 and broken it to the upside, EURUSD is expected to extend this ascending structure up to 1.0334 without any corrections. After that, the instrument may resume trading downwards to return to 1.0240 and then start another growth with the target at 1.0381. GBPUSD, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Kijun-Sen at 1.2115 and then resume moving upwards to reach 1.2465. Another signal in favour of a further uptrend will be a […]
GBPUSD is keeping the positive momentum gained earlier. The Pound Sterling continues to rise against the USD. The current quote for the instrument is 1.2235. The statistics published yesterday showed that Manufacturing PMI in the United Kingdom dropped to 52.1 points in July against the expected reading of 52.2 points. The indicator is slowing down […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.0207. Possibly, today the pair may grow towards 1.0275 and then resume trading downwards with the target at 1.0117, or even extend this structure down to 1.0077. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues consolidating around 1.2167. Possibly, the pair may move upwards […]
EURUSD, “Euro vs US Dollar” As we can see 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 3/8, break it, and then continue falling to reach the support at 2/8. Still, this scenario may no longer be […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, after reaching the short-term downside target at 0.9964, EURUSD has completed the ascending impulse along with the correction; right now, it is forming one more ascending structure towards 1.0360 and may later consolidate there. If the price breaks the range to the […]
A month ago, we wrote that the crypto market was panicking. Over the time that passed, the crypto sector has somewhat gained balance: buyers did not have enough power to regain control but balanced out quite easily. On Monday, the BTC is near $23,303. The past week and month ended up with growth: over July, […]