Tag: Roboforex
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having returned to test 1.0770 from below, EURUSD is forming a new descending structure towards 1.0340 and may later correct up to 1.0440 at least. After that, the instrument may resume trading downwards with the target at 1.0207 or even extend this […]
The BTC is still selling. Investors are inactive, but the rate is definitely heading down – and no obstacles to this decline are on the horizon yet. On Monday, the leading cryptocurrency is heading for $19,083. Today is a holiday in the US – the Independence Day. Stock markets are closed, which means in the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance 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 1.2145 and then resume moving downwards to reach 1.1785 Another signal in favour of a further downtrend will […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer 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 1.2980. Later, the market may break this […]
BRENT In the H4 chart, Brent is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue moving downwards to reach the support at 2/8. However, this scenario may no longer be valid if the asset breaks the […]
The crypto market is selling. In the last 24 hours, the BTC lost 2.85% and dropped below $20,000, which is the psychologically important level. One should take note that the crypto market hasn’t responded in a positive way to any local attempts by the US indices to rise. On the other hand, any slight decline […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0383 along with the correction up to 1.0484, EURUSD continues falling towards 1.0355. Later, the market may correct to return to 1.0484 and then resume trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave […]
EURUSD remains weak; investors are in no hurry to buy. The major currency pair is looking weak on Friday. The current quote for the instrument is 1.0463. The inflation boost in the US spoiled investors’ moods pretty much. The Consumer Price Index in the US added 0.6% m/m in May after gaining 0.2% m/m in […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Shooting Star reversal pattern not far from the resistance area. At the moment, the asset may reverse in the form of a new descending impulse. In this case, the downside target may be the support level at 1785.50. […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the pair is expected to test break 2/8 and continue falling towards the support at 0/8. However, this scenario may be cancelled if the price […]