Tag: Roboforex

Jun 02
The cryptocurrency market digest (BTC, ETH). Overview for 01.06.2022

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 […]

Jun 01
Japanese Candlesticks Analysis 01.06.2022 (XAUUSD, NZDUSD, GBPUSD)

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 […]

Jun 01
Murrey Math Lines 01.06.2022 (USDJPY, USDCAD)

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 […]

Jun 01
Forex Technical Analysis & Forecast for June 2022

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 […]

Jun 01
Ichimoku Cloud Analysis 01.06.2022 (EURUSD, AUDUSD, GBPUSD)

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 […]

Jun 01
EURUSD is braced for the news. Overview for 31.05.2022

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 […]

Jun 01
The Yen is retreating again. Overview for 31.05.2022

USDJPY is back to rising; demand for the “safe haven” Yen dropped.  The Japanese Yen is falling against the USD on Tuesday. The current quote for the instrument is 128.05. The global risk attitude is currently quite positive. This is one of the reasons why the demand for the Yen declined.  The statistics published in […]

May 31
Forex Technical Analysis & Forecast 31.05.2022

EURUSD, “Euro vs US Dollar” Having expanded the consolidation range up to 1.0777, EURUSD is expected to correct down to 1.0731 and may later form one more ascending structure towards 1.0820. After that, the instrument may resume moving within the downtrend with the target at 1.0630. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is […]

May 31
Murrey Math Lines 31.05.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it to indicate an ascending tendency. In this case, the price is expected to break 3/8 and then continue growing to reach the resistance at 4/8. However, this scenario may no […]

May 31
Ichimoku Cloud Analysis 31.05.2022 (BRENT, USDCAD, XAUUSD)

BRENT Brent is rising within the bullish 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 at 119.75 and then resume moving upwards to reach 132.25. Another signal in favour of a further uptrend will be a rebound from the […]