Tag: Roboforex
GBPUSD updated its local “bottom”; the labour market statistics managed to smooth “negative vibes”. The British Pound is looking weak against the USD on Tuesday. The current quote for the instrument is 1.3046. Earlier this morning, the pair updated its local lows at 1.2997. It happened before the UK reported on the labour market – […]
EURUSD, “Euro vs US Dollar” In the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer be valid if the […]
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 and may form a new rising impulse. In this case, the upside target may be at 1.2855. However, an alternative scenario implies that the asset may correct […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is trading at 0.9352; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.9310 and then resume moving upwards to reach 0.9425. Another signal in favour of a further uptrend will be […]
EURUSD, “Euro vs US Dollar” EURUSD is still correcting towards 1.0880 and may later form one more ascending structure to break 1.0990. After that, the instrument may continue trading upwards with the target at 1.1122. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave at 1.3015, GBPUSD is expected to fall towards […]
We would like to give you some good news about activity in the crypto market, but the BTC remains in a range, traders are quite inactive, and no new ideas are on the horizon. The situation is likely to be lame until Wednesday night when an extremely important meeting of the US Federal Reserve system […]
GBPUSD continues falling and updating its local lows. The British Pound is getting weaker against the USD on Monday. The current quote for the instrument is 1.3051. What is happening? First of all, GBPUSD is under significant pressure that comes from the “greenback, which is in demand as a “safe haven” asset during turbulent periods. […]
EURUSD, “Euro vs US Dollar” After completing the descending impulse at 1.1000, EURUSD is consolidating around this level. Possibly, the pair may form one more ascending structure to reach 1.1040 and then resume falling to break 1.0960. Later, the market may continue trading downwards with the target at 1.0880. GBPUSD, “Great Britain Pound vs US […]
BRENT In the H4 chart, Brent is trading above the 200-day Moving Average to indicate an ascending tendency. In this case, the price is expected to break 1/8 and then continue moving upwards to reach the resistance at 2/8. However, this scenario may no longer be valid if the asset breaks the support at 0/8 […]
The crypto market is once again experiencing a local decline and there is a fundamental reason for that. Yesterday, the US reported on the February inflation and the indicator skyrocketed to its 40-year high, 7.9% y/y. Investors were expecting the actual reading to be quite high but the reality turned out to be much more […]
