Tag: Roboforex
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern not far from the resistance level, XAUUSD is reversing and may continue forming its correctional impulse. In this case, the downside correctional target is the support area at 1800.00. At the same time, an opposite […]
EURUSD, “Euro vs US Dollar” After breaking the consolidation range to the downside at 1.1244 and forming a downside continuation pattern, EURUSD is falling to reach the target at 1.1188. Later, the market may correct to test 1.1244 from below and then start a new decline with the target at 1.1180. GBPUSD, “Great Britain Pound […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above it, thus indicating a possible ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may be cancelled if the price […]
AUDUSD continues falling; the “greenback” remains strong. The Australian Dollar continues falling against the USD on Thursday. the current quote for the instrument is 0.7077. The American currency remains strong after “hawkish” comments from the US Fed and that puts a lot of pressure on AUD. The statistics published by Australia weren’t impressive and […]
EURUSD plunged after the US Fed January meeting. The major currency pair is weakening on Thursday. the current quote for the instrument is 1.1190. During its January meeting, the US Fed left the benchmark interest rate unchanged at 0.25%, just as expected. The QE tapering pace also remained the same and the programme will […]
Brent As we can see in the H4 chart, after breaking the high at 86.63 and fixing above it, Brent has tested the psychologically important level of $90 per barrel. In this case, the asset may slightly correct in the nearest future and then resume growing. The next upside targets are inside the post-correctional extension […]
USDJPY, “US Dollar vs Japanese Yen” USDJPY is trading at 114.69; 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 114.45 and then resume moving upwards to reach 115.90. Another signal in favour of a further uptrend will […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue falling to reach the support at 1/8. However, this scenario may no […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1340. However, an alternative scenario implies that […]
EURUSD, “Euro vs US Dollar” After finishing another descending structure at 1.1263, EURUSD is growing towards 1.1315, thus forming a new consolidation range around the latter level. If later the market breaks the range to the upside, the price may form one more ascending structure towards 1.1400; if to the downside – start a new […]
