Tag: Roboforex

May 23
The Pound is rising. Overview for 23.05.2022

GBPUSD is keeping its positive momentum and trying to get back to balance. The Pound sterling is moving away from its local lows against the USD. The current quote for the instrument is 1.2552. The statistics published last Friday showed that the Retail Sales in the United Kingdom gained 1.4% m/m in April after losing […]

May 23
The cryptocurrency market digest (BTC, ETH, LUNA). Overview for 23.05.2022

The BTC has been growing for three days in a row, and on Monday is consolidating near $30,445. Meanwhile, since the beginning of the year, it has already lost 52% and 58.2% of the high of 28 March. For the past 8 weeks, the BTC has been mostly losing. Here, we should remind you of […]

May 23
Ichimoku Cloud Analysis 23.05.2022 (XAUUSD, USDJPY, NZDUSD)

XAUUSD, “Gold vs US Dollar” XAUUSD is rebounding from the cloud. 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 upside border at 1845.00 and then resume moving upwards to reach 1910.00. Another signal in favour of a further uptrend […]

May 20
Forex Technical Analysis & Forecast 20.05.2022

EURUSD, “Euro vs US Dollar” After extending the correction up to 1.0606 and then finishing the first descending impulse at 1.0555, EURUSD has completed another correctional structure at 1.0580. Later, the market may fall to break 1.0500 and then continue trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Having […]

May 20
The cryptocurrency market digest (BTC, ETH). Overview for 20.05.2022

The BTC remains as volatile as before. on Friday, the major currency is trading at $30,046 but there are a lot of doubts about whether the BTC may break it and fix above. There is nothing new here. As long as market players continue selling stocks in the US stock market, which plunged in the […]

May 20
The Euro managed to correct. Overview for 20.05.2022

EURUSD got rid of the pressure and intends to rise.  The major currency pair is fixing within a “flat” on Friday. The current quote for the instrument is 1.0568. It seems like the comments about European inflation don’t scare anyone anymore. The ECB vice president Luis de Guindos said yesterday that the CPI would remain […]

May 20
Ichimoku Cloud Analysis 20.05.2022 (EURUSD, USDCAD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD is no longer moving within the bearish channel. 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 1.0515 and then resume moving upwards to reach 1.0750. Another signal in favour of a […]

May 20
Japanese Candlesticks Analysis 20.05.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2900. However, an alternative scenario implies that the asset may fall […]

May 19
Forex Technical Analysis & Forecast 19.05.2022

EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0460, EURUSD is expected to correct up to 1.0515. Later, the market may fall to break 1.0440 and then continue trading downwards with the target at 1.0373 or even extend this structure down to 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Having completed […]

May 19
The Aussie is looking for ways to rise. Overview for 19.05.2022

AUDUSD is slowly moving close to its local lows – the asset still hopes for a recovery.  The Australian Dollar is trying to rise against the USD on Thursday. the current quote for the instrument is 0.6966. The statistics published by Australia in the morning showed that the Unemployment Rate in the country dropped to […]