Tag: Roboforex
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0122, EURUSD is correcting up to 1.0197. Later, the market may resume trading downwards with the target at 1.0078 and then form one more ascending structure towards 1.0190. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed the descending wave at 1.2100; right […]
AUDUSD is rising after a major plunge this week. The Australian Dollar is strengthening against the USD on Thursday. The current quote for the instrument is 0.6985. The Reserve Bank of Australian had another meeting this week where it raised the benchmark interest rate by 50 basis points, from 1.35% to 1.85%. The rate hike […]
EURUSD is recovering after plunging the day before. The major currency pair reached stability after yesterday’s decline. The current quote for the instrument is 1.0188. The Markit Services PMI in the US showed 47.3 points in July against the expected reading of 47.0 points. No matter what, the indicator remains below the psychologically important level […]
EURUSD, “Euro vs US Dollar” EURUSD continues testing 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 downside border at 1.0160 and then resume moving upwards to reach 1.0450. Another signal in favour of a […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading below the 200-day Moving Average to indicate a descending tendency. In this case, the price is expected to test the support at 4/8, break it, and then continue falling and reach 3/8. However, this scenario may no longer […]
After five trading sessions of declining, the BTC managed to reach stability and is even trying to grow a bit. The asset is mostly fluctuating at $23,412. There isn’t too much activity in the cryptocurrency. It could be explained by controversial external background, investors’ concerns about geopolitics, and so on. However, the fact is: the […]
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0190 and then forming a new consolidation range around this level, EURUSD has broken it to the downside. Later, the market may resume trading downwards with the target at 1.0100, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US […]
After moving away from its 8-week low, USDJPY is recovering. The Japanese Yen is falling against the USD on Wednesday. The current quote for the instrument is 133.17. The Yen was in demand when the US bond yield was plunging and the “greenback” was getting weaker, but these tendencies are now over. Nevertheless, the Yen […]
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 […]