Tag: Roboforex

EURUSD, “Euro vs US Dollar” EURUSD is about to break the bearish channel’s upside border. 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 upside border at 1.0155 and then resume moving upwards to reach 1.0530. Another signal in favour […]

USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading within the “overbought” area. In this case, the price is expected to break the support at 8/8 and continue falling and reach 6/8. However, this scenario may no longer be valid if the price breaks the resistance at […]

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Doji reversal pattern close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.2940. Later, the market may break this level […]

EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.0230, EURUSD is consolidating around this level. Possibly, the pair may break it to the downside and then resume moving within the downtrend with the first target at 1.0051. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still growing towards 1.2048 and may […]

EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.0200, EURUSD is correcting down to 1.0095. Later, the market may start another growth to reach 1.0230 and then resume moving within the downtrend with the target at 0.9830. GBPUSD, “Great Britain Pound vs US Dollar” After completing the ascending wave at 1.2030, GBPUSD […]

AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading inside the “oversold area”. In this case, the price is expected to break 0/8 and continue growing to reach the resistance at 1/8. However, this scenario may no longer be valid if the price rebounds from 0/8 to the downside. After that, […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the bearish channel’s upside border. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1905 and then resume moving upwards to reach 1.2240. Another signal in favour […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Inverted Hammer, not far from the support area. At the moment, the asset may reverse in the form of a new rising impulse. In this case, the upside correctional target may be the resistance […]

EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.0086, EURUSD is forming a new consolidation range around this level. If later the price breaks the range to the upside, the market may start another growth to reach 1.0151, or even extend this structure up to 1.0219; if to the downside – resume […]

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, rebound from it, and then resume falling to reach the support at 1/8. Still, this scenario may no longer […]