Tag: Roboforex
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Engulfing reversal pattern not far from the resistance area. At the moment, the asset is reversing in the form of a new correctional impulse. In this case, the downside correctional target may be the support level at 1840.50. […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.0566. Possibly, today the pair may expand the range up to 1.0610 and then resume falling to break 1.0530. Later, the market may continue trading downwards with the target at 1.0303. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the ascending structure at 1.2550, GBPUSD […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0675. However, an alternative scenario implies […]
GBPUSD is keeping its positive momentum and trying to get back to balance. The Pound sterling is moving away from its local lows against the USD. The current quote for the instrument is 1.2552. The statistics published last Friday showed that the Retail Sales in the United Kingdom gained 1.4% m/m in April after losing […]
The BTC has been growing for three days in a row, and on Monday is consolidating near $30,445. Meanwhile, since the beginning of the year, it has already lost 52% and 58.2% of the high of 28 March. For the past 8 weeks, the BTC has been mostly losing. Here, we should remind you of […]
XAUUSD, “Gold vs US Dollar” XAUUSD is rebounding from the cloud. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1845.00 and then resume moving upwards to reach 1910.00. Another signal in favour of a further uptrend […]
EURUSD, “Euro vs US Dollar” After extending the correction up to 1.0606 and then finishing the first descending impulse at 1.0555, EURUSD has completed another correctional structure at 1.0580. Later, the market may fall to break 1.0500 and then continue trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Having […]
The BTC remains as volatile as before. on Friday, the major currency is trading at $30,046 but there are a lot of doubts about whether the BTC may break it and fix above. There is nothing new here. As long as market players continue selling stocks in the US stock market, which plunged in the […]
EURUSD got rid of the pressure and intends to rise. The major currency pair is fixing within a “flat” on Friday. The current quote for the instrument is 1.0568. It seems like the comments about European inflation don’t scare anyone anymore. The ECB vice president Luis de Guindos said yesterday that the CPI would remain […]