Tag: Roboforex
XAGUSD, “Silver vs US Dollar” XAGUSD is trading at 25.10; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 24.65 and then resume moving upwards to reach 26.95. Another signal in favour of a further uptrend will be […]
EURUSD, “Euro vs US Dollar” After breaking 1.1080, EURUSD has finished the descending wave at 1.1015. Possibly, the pair may correct to reach 1.1090 and then resume trading downwards with the target at 1.1006. Later, the market may resume trading upwards to reach 1.1500. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, the upside target may be the resistance area at 1.2700. However, an alternative scenario implies that the […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1100; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1195 and then resume moving downwards to reach 1.0885. Another signal in favour of a further downtrend will be a […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to rebound from 7/8 and then resume falling to reach the support at 5/8. However, this scenario may be cancelled […]
EURUSD remains under pressure amid high demand for “safe haven” assets. The major currency pair remains weak. The current quote for the instrument is 1.1103. As it usually happens early in the month, the economic calendar is very eventful and offers a lot of data. For example, the CPI in the Euro Area showed […]
EURUSD, “Euro vs US Dollar” After rebounding from 1.1142, EURUSD continues forming the descending wave towards 1.1044. Later, the market may correct to reach 1.1144 and then resume trading downwards with the target at 1.1010. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around 1.3354. Possibly, today the pair may grow towards 1.3410 […]
EURUSD, “Euro vs US Dollar” EURUSD continues forming the descending wave towards 1.1075. Later, the market may correct to reach 1.1160 and then resume trading downwards with the target at 1.1050. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still falling towards 1.3282. After that, the instrument may start a new correction to reach […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hanging Man pattern not far from the resistance level. At the moment, the asset is reversing in the form a new descending impulse. In this case, the downside correctional target may be the support area at 1915.00. At […]
In the last couple of days, the BTC leaped up almost 20%. On Wednesday, the major cryptocurrency is trading at $44,040, while yesterday it cost almost $45,000D. The BTC capitalisation recovered at $824 billion. What has happened? It seems like investors concerned with what is happening in geopolitics rushed into the crypto sector. The negative […]
