Tag: Roboforex
The BTC is rising on Friday and trading around $20,589. The major cryptocurrency has been recovering for the third consecutive trading session after plummeting to $18,905 on Wednesday. Market fluctuations were caused by the CPI data for June published by the US. Inflation rate showed 9.1% y/y, the highest reading in 41 years. Market expectations […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 0.9997 along with the correction up to 1.0121. Possibly, today the pair may form a new descending structure towards 0.9975 and then start another correction with the target at 1.0220. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around 1.1878 and […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the support 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 1.0055 and then resume moving downwards to reach 0.9765. Another signal in favour of a further downtrend will be a […]
EURUSD is balancing close to parity; the Euro enthusiasts are “holding the fort”. The major currency air is still looking weak. The current quote for the instrument is 1.0022. At some point during the day EURUSD is hitting news lows – the latest one is at 0.9996. Most likely, the asset will drop much lower, […]
GBPUSD remains under bearish pressure on Thursday. The Pound Sterling is retreating against the USD without looking back. The current quote for the instrument is 1.1840. The key reason for this decline is the strength of the American currency. As long as the “greenback” is in demand as a “safe haven” asset and benefits from […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Hammer, not far from the support area. At the moment, the asset may reverse in the form of a new rising impulse. In this case, the upside correctional target may be the resistance level […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 0.9999. Possibly, today the pair may correct to test 1.0090 from below and then fall towards 0.9994. Later, the market may start another correction up to 1.0111 and then resume trading downwards with the target at 0.9975. GBPUSD, “Great Britain Pound vs US […]
The BTC had been falling for four consecutive trading sessions and today is finally trying to rise. Again. The asset is balancing at $19,489. The current technical picture shows that the global market pressure and tension, which are very difficult to overcome, are pushing the BTC down to support levels at $19,300-$19,400. If bears break […]
EURUSD remains close to parity but keeps trying to recover. The major currency pair perseveres in its attempts to rise after yesterday’s decline. The current quote for the instrument is 1.0039. The key highlight is the parity EURUSD reached yesterday, something that investors haven’t seen in 20 years and, probably, wouldn’t like to see. However, […]
XAUUSD, “Gold vs US Dollar” XAUUSD continues falling inside the bearish channel. 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 1740.00 and then resume moving downwards to reach 1655.00. Another signal in favour of a further […]