Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading within the “overbought area”. In this case, the price is expected to test 8/8, break it, and then continue falling to reach the support at 7/8. However, this scenario may no longer be valid if the price breaks […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.2640. However, an alternative scenario implies that the asset may fall […]
They continue selling AUDUSD – the asset is slowly retreating. The Australian Dollar continues falling against the USD. The current quote for the instrument is 0.7409. Australia isn’t publishing any important data these days. In the meantime, market players are focusing on two aspects – the “greenback” strengthening as a “safe haven” asset and the […]
EURUSD continues falling; the asset is getting weaker. The major currency pair continues trading downwards on Tuesday. The current quote for the instrument is 1.1008. There are no important macroeconomic statistics today but investors have a lot of other things to pay attention to. The US Fed Chairman Jerome Powell spoke yesterday and said that […]
CADCHF, “Canadian Dollar vs Swiss Franc” CADCHF is trading at 0.7434; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7395 and then resume moving upwards to reach 0.7550. Another signal in favour of a further uptrend will be […]
EURUSD, “Euro vs US Dollar” EURUSD has reached the correctional target at 1.0982. Today, the pair may consolidate above this level. Later, the market may break this level and form one more ascending wave with the short-term target at 1.1141. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still consolidating around 1.3136. Possibly, today […]
EURUSD, “Euro vs US Dollar” In the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer be valid if the […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support level. At the moment, the asset is reversing in the form a new ascending impulse. In this case, the upside target may be the resistance area at 1975.50. At the same […]
BTC is slightly declining. Some say that the coin will remain in the range. The borders of the channel are $34,000-$42,000, but the buyers can easily proceed to $45,500. This level needs to be broken if they want to reach $46,000. If they succeed, the market may expect a stable uptrend to $52,000. If they […]
AUDUSD is falling amid global risk aversion. The Australian Dollar is falling against the USD early in the week. The current quote for the instrument is 0.7389. AUDUSD moved away from its 2-week highs amid global risk aversion in financial markets. Risk is now the major trigger on all exchanges. In the meantime, Australian authorities […]
