Tag: Roboforex

Jul 11
Forex Technical Analysis & Forecast 11.07.2022

EURUSD, “Euro vs US Dollar” After reaching the short-term downside target at 1.0072 and completing the ascending wave at 1.0180, EURUSD is falling towards 1.0120, thus forming a new consolidation range between the two latter levels. If later the price breaks this range to the downside, the market may resume falling towards 1.0057 or even […]

Jul 11
The cryptocurrency market digest (BTC). Overview for 11.07.2022

The BTC is smoothly declining. On Monday, the leading cryptocurrency is going down to $20,510. This is the third day of feeble sales in a row after on Friday, the crypto approached $22,300. An important resistance level remains at $23,500. It needs to be surpassed so that the price secures above it if the market […]

Jul 11
The Yen updated the lows. Overview for 11.07.2022

USDJPY reached new highs – the “greenback” continues to get stronger. The Japanese Yen plunged against the USD. The current quote for the instrument is 137.02. A new high for the pair is at 137.28. The USD keeps getting stronger, making the Yen retreat. Despite an unstable situation in the market, investors barely have any […]

Jul 11
Ichimoku Cloud Analysis 11.07.2022 (AUDSD, XAUUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has rebounded from the resistance level. 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 0.6830 and then resume moving downwards to reach 0.6585. Another signal in favour of a […]

Jul 11
Japanese Candlesticks Analysis 11.07.2022 (XAUUSD, NZDUSD, GBPUSD)

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 […]

Jul 08
GBP: all eyes are on politics. Overview for 08.07.2022

GBPUSD moved upwards in response to the British Prime Minister’s resignation. The Pound Sterling is consolidating against the USD on Friday after a slight growth the day before. The current quote for the instrument is 1.1936.  British politics took the stage yesterday. British Prime Minister Boris Johnson has quit after finding himself in the crosshairs […]

Jul 08
The cryptocurrency market digest (BTC, ETH, XRP). Overview for 08.07.2022

ФThe major cryptocurrency is keeping its positive momentum on Friday – the asset has been growing for three session sin a row. At the moment, the instrument is mostly trading around $21,765. The crypto market capitalisation is also increasing – it reached $0.970 trillion. The sector is following the US stock indices. The correlation between […]

Jul 08
Ichimoku Cloud Analysis 08.07.2022 (EURUSD, GBPUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0465 and then resume moving downwards to reach 1.0255. Another signal in favour of a further downtrend will be a rebound from […]

Jul 08
Japanese Candlesticks Analysis 08.07.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.0235. However, an alternative scenario implies that […]

Jul 08
Forex Technical Analysis & Forecast 08.07.2022

EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0180 and breaking it to the downside, EURUSD is expected to continue falling towards 1.0110. Later, the market may start a new correction up to 1.0200 and then resume trading downwards with the target at 1.0090. GBPUSD, “Great Britain Pound vs US Dollar” […]