Tag: Roboforex

May 19
EURUSD remains nervous. Overview for 19.05.2022

EURUSD remains volatile; the asset is very sensitive to any changes in the market sentiment.  The major currency pair fixed within a sideways range on Thursday. the current quote for the instrument is 1.0482. The US economy is now getting real confirmation that an inflation boost might really damage its key elements and mechanisms. Quarterly […]

May 19
Ichimoku Cloud Analysis 19.05.2022 (NZDUSD, XAUUSD, EURGBP)

NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is rebounding from the bearish channel’s upside border. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. Early in May, there was a similar test of the cloud, which resulted in a further downtrend. The markets could indicate that the price may re-test […]

May 19
Japanese Candlesticks Analysis 19.05.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another correctional impulse. In this case, the upside correctional target may be the resistance level at 1840.00. At […]

May 19
Japanese Candlesticks Analysis 18.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0600. However, an alternative scenario implies […]

May 18
The Euro is looking for options. Overview for 18.05.2022

EURUSD is taking a break after four days of recovering.  The major currency pair slowed down its recovery. The current quote for the instrument is 1.0508. The statistics published by the US yesterday were quite confident. The Retail Sales added 0.9% m/m in April after gaining 1.4% m/m the month before and against the expected […]

May 18
Ichimoku Cloud Analysis 18.05.2022 (EURUSD, USDJPY, AUDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bearish channel’s upside border. 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 upside border at 1.0535 and then resume moving downwards to reach 1.0245. Another signal in favour of […]

May 18
The Pound may continue recovering. Overview for 18.05.2022

GBPUSD moved away from its lows but investors need good news to continue buying.  The Pound sterling took a break against the USD on Wednesday. The current quote for the instrument is 1.2403. The United Kingdom continues to release the statistics, this time on prices. For example, the CPI showed 9.0% y/y in April, which […]

May 18
The cryptocurrency market digest (BTC, ETH). Overview for 18.05.2022

There is nothing new in the BTC so far. On Wednesday, the major cryptocurrency is trading at $29,852. The asset is clearly stuck inside the “flat” between $29,000-$30,000. As long as it remains here, there are chances to slide down to $20,000. At the moment, any “quick growth” scenario can’t be taken seriously. The technical […]

May 18
Forex Technical Analysis & Forecast 18.05.2022

EURUSD, “Euro vs US Dollar” After finishing the ascending wave at 1.0412 and then forming a new consolidation range around this level, EURUSD has broken it to the upside to extend the correction up to 1.0562; right now, it is forming the first descending impulse towards 1.0495. Later, the market may break this level and […]

May 17
Ichimoku Cloud Analysis 17.05.2022 (GBPUSD, XAUUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting within the bearish channel. 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 upside border at 1.2365 and then resume moving downwards to reach 1.1945 Another signal in favour of […]