Tag: Roboforex
AUDUSD continues recovering supported by the statistics. The Australian Dollar is steadily rising against the USD on Thursday. The current quote for the instrument is 0.7322. Earlier today, Australia released several reports on its labour market. The data turned out to be quite positive and provided the Aussie with great support. The Unemployment Rate in […]
EURUSD is back to rising after the US Fed’s restrained decision. The major currency pair resumed growing. The current quote for the instrument is 1.1033. It’s been the fifth consecutive trading session within the uptrend. So, the key highlight of this week has been finally over: the US Federal Reserve System had the meeting and […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is approaching the “overbought area”. In this case, the price is expected to test 8/8, rebound from it, and then resume falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks the resistance at 8/8 […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.0970. Possibly, today the pair may expand the range up to 1.0997 and then fall towards 1.0940. If later the price breaks this range to the downside, the market may form a new descending structure to reach 1.0880; if to the upside – resume trading upwards […]
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 […]
This morning, the BTC was aiming at $42,000 but the bulls didn’t turn out to be strong enough. Wednesday is highly unlikely to be very volatile until the US Fed announces its rate and monetary policy decisions. It is set to happen at 18:00 GMT, and Fed Chairman’s press conference will start at 18:30 GMT. […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is trading at 0.7222; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7255 and then resume moving downwards to reach 0.7005. Another signal in favour of a further downtrend will be […]
USDJPY passed the highs of December 2016 and intends to continue the rally. The Japanese Yen plummeted against the USD and may get even weaker. The current quote for the instrument is 118.28. The last times the Yen was so low was in December 2015 and 2016, when the asset reached 123.00. Intriguingly, the Japanese […]
EURUSD is consolidating and waiting for the March meeting of the US Fed to be over. The major currency pair slowed down its growth and is currently waiting for news. The latest quote for the instrument is 1.0997. The two-day meeting of the US Fed is scheduled to be over later today. It’s hard to […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading below it, thus indicating a possible descending tendency. In this case, the price is expected to test 5/8, break it, and then continue falling to reach the support at 4/8. However, this scenario may no longer […]
