Tag: Roboforex
Last weekend, the BTC grew somewhat but nothing has changed strategically. On Monday, the leading cryptocurrency rests near $21,444. To recover fully from the decline last Thursday and Friday, the BTC needs to reach above $22,500-$22,800. The resistance level might be on $21,800-$21,900. An important support level is still on $21,000. So, the US stock […]
GBPUSD is falling attacked by the “greenback” and because of the controversial economic outlook. The Pound Sterling remains weak against the USD. The current quote for the instrument is 1.1833. The Pound is highly likely to continue “losing weight” in the near future. No matter what decisions the Bank of England is going to make, […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1865 and then resume moving downwards to reach 1.1585. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1.0070. However, an alternative scenario implies that the price may […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 1.0080; right now, it is consolidating around this level. If later the price breaks the range to the downside, the market may resume falling towards 1.0020; if to the upside – start another correction with the target at 1.0140. GBPUSD, “Great Britain Pound […]
BRENT In the H4 chart, Brent is trading within the “oversold area”. In this case, the price is expected to test 0/8, break it, and then 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 -1/8 to the downside. After […]
The BTC lost more than 7% in the last 24 hours. At the moment, the major crypto continues to fall and may soon reach $21,380. The key reason for this decline is that the euphoria passed. Earlier, the crypto market was rising due to the CPI report from the US. Based on the data, investors […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns close to the resistance level, such as Engulfing, USDCAD may reverse in the form of a new descending impulse. In this case, the downside target may be at 1.2910. Later, the market may break this level […]
GBPUSD continues falling; July lows are ahead. The Pound Sterling is looking weak against the USD. The current quote for the instrument is 1.1858. The statistics published earlier today didn’t provide the Pound with any support. Retail Sales in the United Kingdom added 0.3% m/m in July against the expected reading of -0.25 m/m. Core […]
EURUSD, “Euro vs US Dollar” EURUSD has fixed below the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.0140 and then resume moving downwards to reach 0.9805. Another signal in favour of a further downtrend will be […]