Tag: Roboforex
ФThe major cryptocurrency is keeping its positive momentum on Friday – the asset has been growing for three session sin a row. At the moment, the instrument is mostly trading around $21,765. The crypto market capitalisation is also increasing – it reached $0.970 trillion. The sector is following the US stock indices. The correlation between […]
EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-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 1.0465 and then resume moving downwards to reach 1.0255. Another signal in favour of a further downtrend will be a rebound from […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.0235. However, an alternative scenario implies that […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0180 and breaking it to the downside, EURUSD is expected to continue falling towards 1.0110. Later, the market may start a new correction up to 1.0200 and then resume trading downwards with the target at 1.0090. GBPUSD, “Great Britain Pound vs US Dollar” […]
EURUSD, “Euro vs US Dollar” After breaking the consolidation range downwards and completing the descending wave at 1.0161, EURUSD is expected to correct up to 1.0270. Later, the market may start a new decline with the short-term target at 1.0100. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending waver at 1.1875, GBPUSD […]
USDJPY is preparing a new attack on the highs. The Japanese Yen is slowly falling against the USD. The current quote for the instrument is 136.16. The statistics published by Japan in the morning showed that the Leading Economic Index dropped to 101.4 points in May after being 102.8 points the month before. The Coincident […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the resistance level, USDCAD may reverse in the form of another correctional impulse. In this case, the downside correctional target may be the support area at 1.2980. Later, the market may rebound from […]
EURUSD updated its 20-year “bottom” again. The major currency pair remained weak on Thursday. The current quote for the instrument is 1.0186. Investors continue escaping the risks of a recession and it’s already not important how fast the economy will go down. They have already included all their emotions and sentiments in the prices. The […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6820 and then resume moving downwards to reach 0.6575. Another signal in favour of a further downtrend […]
EURUSD plummeted to its 20-year lows amid global risk aversion. The major currency pair quickly plunged on Wednesday. The current quote for the instrument is 1.0263. The last time the EUR hit this level was in December 2002. What happened? Nothing new, actually. Investors are once again worrying about the recession and really started to […]