Tag: Roboforex
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the support area. At the moment, the asset is reversing in the form of a new ascending impulse. In this case, the upside target may be the resistance level at 1885.50. At […]
BTC is at a standstill, ETH is plunging, and Gemini is facing a crypto winter. On Friday, the BTC reached stability at $30,443. At the same time, the range of fluctuations on Wednesday and Thursday was quite wide, although the market didn’t have any serious reasons to be active. So, the next strong support is […]
The major currency pair recovered after a 2-day plunge and is currently waiting for the news. EURUSD is stable on Friday; investors are saving strengths in anticipation of the news. The current quote for the instrument is 1.0758. It seems like market players managed to take their minds off global risk aversion. It made the […]
EURUSD, “Euro vs US Dollar” Having completed the ascending structure at 1.0693 and formed a new consolidation range there, EURUSD has broken it to the upside and may continue the correction up to 1.0763. Later, the market may fall to break 1.0674 and then continue moving within the downtrend with the target at 1.0585. GBPUSD, […]
Brent In the H4 chart, Brent is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to rebound from 6/8 and resume moving upwards to reach the resistance at 8/8. However, this scenario may no longer be valid if the asset breaks the support at […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is testing the bearish channel’s downside border. 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 1.2625 and then resume moving downwards to reach 1.2325. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hanging Man reversal pattern close to the resistance area. At the moment, EURUSD may reverse in the form of a new descending impulse. In this case, the downside correctional target may be at 1.0700. However, an alternative […]
AUDUSD doesn’t care about global risk aversion and continues holding its position. The Australian Dollar doesn’t pay attention to the external pressure against the USD on Thursday. The current quote for the instrument is 0.7184. The Aussie is looking quite strong against the USD, which is now attacking on all fronts, but its chances to […]
EURUSD retreated to its weekly lows amid global risk aversion. The major currency pair is hanging not far from its weekly lows. The current quote for the instrument is 1.0680. Investors are getting more and more interested in “safe haven” assets and it’s very good for the “greenback”. The statistics from the US published yesterday […]
EURUSD, “Euro vs US Dollar” Having completed the descending impulse at 1.0650, EURUSD is forming a new consolidation range there. If later the price breaks the range to the downside, the market may resume moving within the downtrend with the short-term target at 1.0555. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending […]