Tag: Roboforex
EURJPY, “Euro vs Japanese Yen” EURJPY is trading at 127.79; 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 128.75 and then resume moving downwards to reach 125.25. Another signal in favour of a further downtrend will be a […]
EURUSD plummeted and this decline may not be over. The major currency pair plunged over the last 24 hours. The current quote for the instrument is 1.1087. The EURUSD weakness is directly connected with the global risk aversion due to commodity and humanitarian crises. The “greenback” acts as a “safe haven” asset, which investors […]
AUDUSD is keeping its positive momentum, although the sentiment is changing. The Australian Dollar is rising against the USD on Wednesday. The current quote for the instrument is 0.7251. The rising wave in AUD formed earlier slowed down last night due to the increased demand for “safe haven” assets. At the moment, the markets are […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to break 7/8 and then continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price […]
EURUSD, “Euro vs US Dollar” After completing another descending wave at 1.1140 along with the correction towards 1.1245, EURUSD is expected to form one more descending structure to return to 1.1140. Later, the market may break the latter level and continue trading downwards with the short-term target at 1.1040. GBPUSD, “Great Britain Pound vs US […]
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 1.1280. However, an alternative scenario implies that […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having completed the correction at 1.1494, EURUSD is falling; it has already formed the descending structure with the short-term target at 1.1106 along with another correction to reach 1.1270. Possibly, the pair may rebound from this level and start a new decline […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1203; 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 1.1230 and then resume moving downwards to reach 1.0995. Another signal in favour of a further downtrend will be a […]
EURUSD continues recovering after plummeting earlier. The major currency pair is recovering. The current quote for the instrument is 1.1175. The local improvement of the EUR rate is looking rather logical; however, there are chances that the rate might resume falling in the nearest future amid active demand for “safe haven” assets, such as […]
AUDUSD is growing after the RBA kept its monetary policy intact. The Australian Dollar is quickly rising against the USD on Tuesday. The current quote for the instrument is 0.7264. The way the March meeting of the Reserve Bank of Australia went was quite predictable. The benchmark interest rate remained unchanged at 0.10%, just as […]
