Tag: Roboforex
EURUSD, “Euro vs US Dollar” After finishing the correction at 1.0755, EURUSD is forming a new descending impulse towards 1.0533. Later, the market may resume growing to reach 1.0640 and then resume trading downwards with the target at 1.0460. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the correction at 1.2595, GBPUSD is forming […]
The world is changing fast but the BTC rate remains an island of Buddhistic calmness and balance. The sideways channel between $28,600-$31,250 in the major cryptocurrency isn’t changing. On Wednesday, the BTC is trading at $30,076. We remind you that the area between $29,000-$30,000 remains very important. As long as the price is trading inside […]
NZDUSD continues rising supported by the RBNZ’s decisions. The New Zealand Dollar continues rising against the USD in the middle of the week. The current quote for the instrument is 0.6498. The Reserve Bank of New Zealand had another meeting earlier today. the benchmark interest rate was raised from 1.5% to 2.0%, just as expected. […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY is rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may slightly correct and test Kijun-Sen at 127.75, and then resume moving downwards to reach 124.65. Another signal in favour of a further downtrend […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming reversal patterns, such as Hammer, close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be at 1.2950. However, an alternative scenario implies that the asset may […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0540 and breaking it to the upside, EURUSD is expected to continue the correction up to 1.0719. Later, the market may resume falling to break 1.0460 and then continue trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a descending tendency. In this case, the price is expected to break 2/8 and then continue falling to reach the support at 1/8. However, this scenario may no longer be valid […]
EURUSD is keeping its positive momentum but experiencing slight corrections now and then. The major currency pair continues moving upwards. The current quote for the instrument is 1.0711. There were no important macroeconomic statistics early this week and investors were mostly focused on technical aspects. In the pause between two important meetings of the US […]
AUDUSD is declining in response to disappointing statistics. The Australian Dollar stopped rising against the USD on Tuesday; right now, the Aussie is retreating. The current quote for the instrument is 0.7102. The preliminary statistics published in the morning showed that the Manufacturing PMI in Australia dropped to 55.3 points in May after being 68.8 […]
EURUSD, “Euro vs US Dollar” EURUSD is moving 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 1.0615 and then resume moving upwards to reach 1.0825. Another signal in favour of a further uptrend will be […]