Tag: Roboforex
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, such as Inverted Hammer, close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2700. However, an alternative scenario implies that the […]
After growing earlier, AUDUSD is now correcting. The Australian Dollar is falling a bit against the USD on Wednesday. The current quote for the instrument is 0.7180. The Aussie had a great run and now requires a correction. On the other hand, the “greenback” is increasing the pressure – investors need “safe haven” assets as […]
EURUSD has been declining for the second consecutive trading session; the risk attitude is not so great. The major currency pair continues slowly falling on Wednesday. The current quote for the instrument is 1.0731. The external background is slowly changing to cautious. In this situation, investors require “safe haven” assets, the “greenback” first of all, […]
EURUSD, “Euro vs US Dollar” Having completed the descending impulse at 1.0680 along with the correction up to 1.0746, EURUSD is forming another descending wave towards 1.0623. Later, the market may form one more ascending structure to return to 1.0680 and then resume moving within the downtrend with the target at 1.0584. GBPUSD, “Great Britain […]
BTC improved pretty much in the last couple of days. On Wednesday, the major cryptocurrency is trading at $31,540. The crypto market capitalisation is currently $1.313 trillion and the BTC share is about 46%. Some important resistance is now at $30,700. After fixing above this level, the BTC may continue rising towards $32,250 or even […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the resistance area. At the moment, the asset is reversing in the form of a new descending impulse. In this case, the downside target may be the support level at 1815.00. At […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to test 6/8, break it, and then continue growing to reach the resistance at 7/8. However, this scenario may no longer be valid if […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having completed the ascending correctional structure within the third descending wave at 1.0760, EURUSD is expected to test this level from below and then resume trading downwards with the short-term target at 1.0222. GBPUSD, “Great Britain Pound vs US Dollar” In the […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bearish 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 the cloud’s downside border at 1.0630 and then resume moving upwards to reach 1.0990. Another signal in favour of […]
EURUSD is trying to keep its positive momentum but investors prefer to wait for new catalysts. The major currency pair is consolidating on Tuesday but may resume rising if the situation allows. The current quote for the instrument is 1.0730. The beginning of this week was rather calm from the viewpoint of statistics and important […]