Tag: Roboforex
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 ascending impulse. In this case, the upside target may be the resistance level at 1860.50. At the […]
EURUSD has fixed within a sideways range while waiting for important news. The major currency pair is consolidating inside the range not far from the lows. The current quote for the instrument is 1.0568. Investors are still analysing the US Fed’s actions and predicting its future moves. It’s been a week since the regulator’s latest […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the resistance level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may re-test Tenkan-Sen and Kijun-Sen at 1.2385 and then resume moving downwards to reach 1.1965 Another signal in favour of a […]
The BTC dropped pretty much. On Wednesday, investors are trying to find support and help the major cryptocurrency to reach stability at $31,105, but they are very likely to fail. Over the previous week, the BTC lost almost 15% – the crypto market remains under pressure. The external background is still far from favourable. Geopolitical […]
GBPUSD remains under bearish pressure; the Brexit issue doesn’t make things more optimistic. The Pound sterling remains weak against the USD. The current quote for the instrument is 1.2374. Today’s slight optimism shouldn’t mislead anybody: lows in GBP are too close. On Monday 9 May, the asset updated the bottom at 1.2259, the lowest level […]
EURUSD, “Euro vs US Dollar” After finishing the descending impulse at 1.0555, EURUSD is consolidating around this level. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.0464; if to the upside – start another growth towards 1.0673 and then resume falling […]
BRENT In the H4 chart, Brent is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to break 4/8 and then continue moving upwards to reach the resistance at 6/8. However, this scenario may no longer be valid if the asset breaks the support at […]
The BTC dropped after all. On Friday, the major cryptocurrency is trading at $36,435; yesterday’s low is $35,579. At the moment, the asset is moving close to the lows of 24 February. Over the last 24 hours, the BTC lost 9%. The current technical picture doesn’t exclude a possibility of a plunge below $35,000. After […]
After taking a short break, EURUSD resumed its decline. The major currency pair got back under bearish pressure quite quickly. The current quote for the instrument is 1.0558. The weekly Unemployment Claims report published yesterday by the US showed 200K against the expected reading of 182K. The difference is quite acceptable – the current situation […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the resistance area during the pullback. At the moment, EURUSD is reversing in the form of a new descending impulse. In this case, the downside target may be at 1.0440. However, an […]