Tag: Roboforex
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading above the 200-day Moving Average to indicate an ascending tendency. In this case, the price is expected to break 3/8 and then continue growing to reach the resistance at 4/8. However, this scenario may no longer be valid […]
The Aussie’s first response to the RBA’s decision was a plunge, but then the asset reached stability. The Australian Dollar is looking neutral against the USD on Tuesday. The current quote for the instrument is 0.7188. The Reserve Bank of Australia had another meeting today, which didn’t go as expected. The benchmark interest rate increased […]
USDJPY updated its 20-year highs. The Japanese Yen dropped to its 20-year lows against the USD on Tuesday. The current quote for the instrument is 132.94, the lowest since April 2002. The key trigger for this decline was US bond yield growth, which supported the “greenback” – it added 3.04%, the biggest gain in three […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY has fixed above the bullish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 132.05 and then resume moving upwards to reach 134.45. Another signal in favour of […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, such as Engulfing, close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2670. However, an alternative scenario implies that the asset […]
EURUSD, “Euro vs US Dollar” EURUSD is forming a new descending wave towards 1.0674 and may later correct up to 1.0720. After that, the instrument may resume falling to break 1.0627 and then continue moving within the downtrend with the target at 1.0585. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is forming a new […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after breaking 8/8, EURUSD is no longer moving within the “overbought area”. In this case, the price is expected to test 7/8, break it, and then continue falling to reach the support at 6/8. Still, this scenario may no longer be valid […]
On Monday, the BTC is growing, though yesterday the market had its doubts about this being possible. Main movements concentrate around $31,181. $29,000 remains an important threshold. Any steps over it downwards will become a bearish signal for a decline to $28,000, from where there will be a lot of chances for falling to $20,000. […]
EURUSD had to fall amid global risk aversion. The major currency pair is consolidating on Monday. The current quote for the instrument is 1.0732. The key reason for this decline is another global risk aversion. At the same time, the US bond yield is rising and providing the “greenback” with significant support. In addition, the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the cloud’s downside border. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2530 and then resume moving upwards to reach 1.2825 Another signal in favour […]