Tag: Roboforex

Jul 05
GBP is saving strengths. Overview for 05.07.2022

GBPUSD has fixed inside the range but any risk will make it retreat. The Pound sterling is looking rather neutral against the USD on Tuesday. The current quote for the instrument is 1.2110. There are still a lot of risks for the British currency. One of the latest is the decline in consumer confidence, which […]

Jul 05
EUR is floating under zero gravity. Overview for 05.07.2022

EURUSD continues consolidating in anticipation of the news. The major currency pair remains stable on Tuesday. The current quote for the instrument is 1.0430. US markets were closed yesterday due to Independence Day, that’s why exchanges weren’t very active. However, today investors are expected to get back to their normal routine.  The statistics published early […]

Jul 05
Ichimoku Cloud Analysis 05.07.2022 (EURUSD, BRENT, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-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 1.0465 and then resume moving downwards to reach 1.0255. Another signal in favour of a further […]

Jul 05
Japanese Candlesticks Analysis 05.07.2022 (EURUSD, USDJPY, EURGBP)

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 may is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.0490. However, an alternative scenario implies […]

Jul 04
EUR remains neutral. Overview for 04.07.2022

EURUSD is quite calm early in the week but is yet expected to continue falling. The major currency pair is stable on Monday. The current quote for the instrument is 1.0433. Today’s trading session is promising to be calm – the US is celebrating Independence Day and the economic calendar is rather empty. All major […]

Jul 04
Forex Technical Analysis & Forecast 04.07.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0365 along with the correction up to 1.0440, EURUSD continues falling towards 1.0354. Later, the market may correct to reach 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 at […]

Jul 04
Forex Technical Analysis & Forecast for July 2022

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 […]

Jul 04
The cryptocurrency market digest (BTC). Overview for 04.07.2022

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 […]

Jul 04
Ichimoku Cloud Analysis 04.07.2022 (GBPUSD, XAUUSD, AUDUSD)

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 […]

Jul 04
Japanese Candlesticks Analysis 04.07.2022 (USDCAD, AUDUSD, USDCHF)

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 […]