Tag: Roboforex
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to continue growing and reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks the support at […]
And once again the BTC is very sensitive to mood swings in the US stock market. There is a correlation between S&P 500/NASDAQ and the BTC, which can be easily seen right now. This week, American exchanges are selling, so the major cryptocurrency has few chances to rebound. The BTC is falling towards $20,080 on […]
USDJPY is going around in circles; investors are ready to continue buying. The Japanese Yen is consolidating against the USD on Wednesday. The current quote for the instrument is 136.12. Nevertheless, this local calmness in the pair shouldn’t mislead anyone – the Yen does remain weak and further devaluation is just a question of time. […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami 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 1.2985. Later, the market may break this level […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 1.0555 and breaking this level, EURUSD continue falling towards 1.0494. Later, the market may grow to test 1.0555 from below and then resume falling with the target at 1.0440. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending wave at 1.2233 and […]
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 1/8, break it, and then continue falling to reach the support at 0/8. However, this scenario may no longer […]
AUDUSD ignores bad forecasts for the Australian GDP. The Aussie is slowly growing against the USD on Tuesday. The current quote for the instrument is 0.6957. The local weakness of the American currency allows the Aussie to recover a bit. At the same time, investors are paying no attention to negative news. According to S&P […]
EURUSD is keeping its positive momentum and getting ready to attack. The major currency pair got another chance to continue rising. The current quote for the instrument is 1.0589. Market sentiment reached stability, demand for the “safe” USD reduced, and other traded currencies got a chance to rebound – the EUR is in pretty strong […]
EURUSD, “Euro vs US Dollar” After completing the ascending wave at 1.0614, EURUSD is correcting down to 1.0555. Later, the market may trade upwards to reach 1.0629 and then resume falling with the target at 1.0440. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the ascending wave at 1.2330 along with the correction […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Engulfing reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new ascending impulse. In this case, the upside target may be the resistance level at 1837.00. At […]