Tag: Roboforex

Jul 14
GBP can’t see the bottom. Overview for 14.07.2022

GBPUSD remains under bearish pressure on Thursday. The Pound Sterling is retreating against the USD without looking back. The current quote for the instrument is 1.1840. The key reason for this decline is the strength of the American currency. As long as the “greenback” is in demand as a “safe haven” asset and benefits from […]

Jul 14
Japanese Candlesticks Analysis 14.07.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as 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 level […]

Jul 13
Forex Technical Analysis & Forecast 13.07.2022

EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 0.9999. Possibly, today the pair may correct to test 1.0090 from below and then fall towards 0.9994. Later, the market may start another correction up to 1.0111 and then resume trading downwards with the target at 0.9975. GBPUSD, “Great Britain Pound vs US […]

Jul 13
The cryptocurrency market digest (BTC). Overview for 13.07.2022

The BTC had been falling for four consecutive trading sessions and today is finally trying to rise. Again. The asset is balancing at $19,489. The current technical picture shows that the global market pressure and tension, which are very difficult to overcome, are pushing the BTC down to support levels at $19,300-$19,400. If bears break […]

Jul 13
The Euro is trying to grow. Overview for 13.07.2022

EURUSD remains close to parity but keeps trying to recover. The major currency pair perseveres in its attempts to rise after yesterday’s decline. The current quote for the instrument is 1.0039. The key highlight is the parity EURUSD reached yesterday, something that investors haven’t seen in 20 years and, probably, wouldn’t like to see. However, […]

Jul 13
Ichimoku Cloud Analysis 13.07.2022 (XAUUSD, USDCAD, USDJPY)

XAUUSD, “Gold vs US Dollar” XAUUSD continues falling inside 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 the cloud’s downside border at 1740.00 and then resume moving downwards to reach 1655.00. Another signal in favour of a further […]

Jul 13
Japanese Candlesticks Analysis 13.07.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support area. At the moment, EURUSD may reverse in the form of another ascending impulse. In this case, the upside target may be at 1.0135. However, an alternative scenario implies […]

Jul 12
Forex Technical Analysis & Forecast 12.07.2022

EURUSD, “Euro vs US Dollar” EURUSD is still falling with the target at 0.9975. Possibly, today the pair may reach 0.9994 and then start a new correction up to 1.0094. Later, the market may resume trading downwards to reach the above-mentioned target. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues falling towards 1.1800. After […]

Jul 12
The Pound decided to retreat. Overview for 12.07.2022

GBPUSD is falling attacked by the USD and a great deal of domestic problems.  The Pound Sterling is retreating against the USD. The current quote for the instrument is 1.1840. It’s difficult for the British currency to fight the USD’s attack. On the other hand, domestic conditions in the United Kingdom provide the Pound with […]

Jul 12
EURUSD: welcome to the parity. Overview for 12.07.2022

EURUSD dropped to its 20-year lows.  The major currency pair hit new lows – the asset is looking extremely weak. The current quote for the instrument is 1.0022. A new bottom is at 1.0004, and it’s probably not the limit for “bearish” pressure as they may yet continue pushing the pair downwards.  The last time […]