Tag: Roboforex
On Tuesday, the EURUSD major is likely to remain restrained, trading at a quote of 1.0442. All eyes are focused on the meeting of the US Federal Reserve system and its decision about the interest rate. While a week ago people expected growth by 50 base points, according to what the regulator was promising, today […]
EURUSD, “Euro vs US Dollar” The pair completed a wave of correction to 1.0477. Today the market keeps developing a declining wave to 1.0400, and with a breakaway of this level downwards, a pathway to 1.0270 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair completed a wave of decline to 1.1932. Today […]
The BTC is so low that it looks like an illusion. However, this is the reality – on Wednesday the leading cryptocurrency goes on falling, trading at 21,363 USD. All the negative forecasts have come true, and in quite a short time. The BTC broke through all important support levels and dropped to the important […]
The Japanese yen started falling against the US dollar after a pause. The current quote is 135.02. The morning statistics demonstrated that orders for mechanical engineering produce in Japan in April grew by 10.8% m/m, being much higher than the expected -1.5%. In yearly perspective, the index grew by 19.0% against the 5.3% y/y forecast. […]
EURUSD, “Euro vs US Dollar” The currency pair has secured above the Tenkan-Sen line and is moving under the Ichimoku Cloud, suggesting a downtrend. A test of the signal lines of the indicator at 1.0515 is expected, followed by falling to 1.0275. An additional signal confirming the decline might become a bounce off the upper […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a reversal pattern Hammer. Going by the pattern, the quotes got in an ascending impulse. The goal of further correction might be the resistance level of 1830.00. However, the market situation might develop in such a way that the quotes will fall to […]
EURUSD, “Euro vs US Dollar” On H4, the pair formed a reversal Hammer pattern at the support level. Currently, if the pair goes by the signal, it might provoke an ascending impulse. The goal of the growth will be 1.0490. However, the price can still fall to 1.0340 without a pullback to the resistance level. […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-days Moving Average, which indicates a downtrend. A test of 1/8 is expected, followed by a breakaway and a decline to the support level of 0/8. The scenario can be cancelled by a breakaway of the support level of 3/8 upwards. In […]
On Tuesday, the EURUSD major remains depressed. Current quote is 1.0420. The main reason for global sales is the fear of increasing recession in the US economy. After last Friday the US published the inflation report for May, demonstrating growth to the 40-years high of 8.6% y/y, investors got scared. But of what? Firstly, they […]
EURUSD, “Euro vs US Dollar” The pair completed a declining wave to 1.0400. A link of correction to 1.0500 might occur, followed by a decline to 1.0270. After this level is reached, a link of correction to 1.0500 is expected. GBPUSD, “Great Britain Pound vs US Dollar” The pair demonstrated a declining wave to 1.2106. […]