Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 0/8. However, this scenario may no longer […]
EURUSD, “Euro vs US Dollar” After expanding the consolidation range up to 1.0545, EURUSD is forming a new descending structure to test 1.0490 from above. Later, the market may start another growth to reach 1.0620 and then resume falling with the target at 1.0447, or even extend this structure down to 1.0270. GBPUSD, “Great Britain […]
EURUSD, “Euro vs US Dollar” On H4, the quotes of EURUSD are under the 200-days Moving Average, which indicates the prevalence of a downtrend. Currently, we should expect a test of 4/8, a breakaway of it, and a decline to the support level of 2/8. The scenario can be cancelled by a breakaway of 5/8 […]
XAUUSD, “Gold vs US Dollar” At a pullback, gold has formed a Hammer reversal pattern. Going by the pattern, the pair got into an ascending impulse. The goal for further growth might be the resistance level at 1858.00. However, the shares might drop to 1830.50 without pulling back to the resistance level. NZDUSD, “New Zealand […]
EURUSD, “Euro vs US Dollar” The pair is forming a consolidation range around 1.0500. With an escape upwards, the correction might continue to 1.0620, followed by a decline to 1.0220. With an escape downwards, a pathway directly to 1.0220 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair is forming a consolidation range […]
The Japanese yen against the US dollar began the new week with a consolidation. The current quote is 134.74. The market seems quiet, but there are reasons for it. Firstly, there are almost no serious statistics today, and investors save energy for future volatility. Secondly, all important events have already happened, and market players already […]
On Monday, the BTC is consolidating at 20,350 USD. Two very troublesome and nervous days passed, when the crypto survived a stressful decline and an attempt of a recovery. Over last week, the leading cryptocurrency lost 22.6%, which is a serious loss. The situation gets even worse because every attempt of recovery ended up in […]
EURUSD, “Euro vs US Dollar” The pair has formed w consolidation range around 1.0440 and with an escape upwards suggests a correction to 1.0620. Then the trend is likely to continue down to 1.0380. And if this level is also broken, a pathway to 1.0270 will open. GBPUSD, “Great Britain Pound vs US Dollar” The […]
EURUSD, “Euro vs US Dollar” The pair is correcting after noticeable growth. It rests under the Ichimoku Cloud, indicating a downtrend. A test of the lower border of the Cloud is expected at 1.0513, followed by falling to 1.0545. An additional signal confirming the decline will be a bounce off the upper border of the […]
EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Shooting Star reversal pattern. Going by the pattern, the pair might find itself in a descending impulse. The goal of the decline will be 1.0445. However, the price might still pull back to 1.0560 before resuming the downtrend. USDJPY, […]