Tag: Roboforex
BRENT As we can see in the H4 chart, Brent is trading within the “overbought area”. In this case, the price is expected to break 8/8 and then continue moving downwards to reach the support at 7/8. However, this scenario may no longer be valid if the asset breaks the resistance at +1/8 to the […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami pattern not far from the support level. At the moment, the asset is reversing in the form a new rising impulse. In this case, the upside target may be the resistance area at 1960.00. At the same […]
The cryptocurrency market is slowly reaching stability after a recent stress. It’s clear that the negative triggers didn’t go anywhere but investors are feeling up to normalising the rates. The situation for Bitcoin has changed over the last 24 hours. The BTC rate improved after the changes to the geopolitical sentiment. The correlation between the […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 1.1106 along with the ascending impulse towards 1.1182, EURUSD has formed a new consolidation range around the latter level; right now, it is trading to break the range to the upside. Possibly, today the pair may grow to reach 1.1257 and then resume trading […]
EURUSD got much weaker but keeps on trying to rebound. The major currency pair is taking a shot at rising. The current quote for the instrument is 1.1184. Investors are still interested in the “greenback” as a “safe haven” asset. The second estimate of the US GDP for the fourth quarter of 2021 showed 7.0% […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1204; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1285 and then resume moving downwards to reach 1.1005. Another signal in favour of a further downtrend will be a […]
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 level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1295. However, an alternative scenario implies that […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.1295, EURUSD has broken it to the downside. Possibly, today the pair may fall to break 1.1200 and then continue trading downwards with the short-term target at 1.1157. GBPUSD, “Great Britain Pound vs US Dollar” Having reached 1.3540 and formed a new consolidation […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 6/8, break it, and then continue falling to reach the support at 5/8. However, this scenario may be […]
EURUSD is falling while investors are interested in “safe haven” assets. The major currency pair is falling amid global risk aversion. The current quote for the instrument is 1.1243. As the situation in geopolitics escalates, the demand for the “greenback” as a “safe haven” asset among investors is rising. The statistics published yesterday showed that […]
