Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD is no longer moving within the bearish 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 and Kijun-Sen at 1.0515 and then resume moving upwards to reach 1.0750. Another signal in favour of a […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing in the form of another ascending impulse. In this case, the upside target may be at 1.2900. However, an alternative scenario implies that the asset may fall […]
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0460, EURUSD is expected to correct up to 1.0515. Later, the market may fall to break 1.0440 and then continue trading downwards with the target at 1.0373 or even extend this structure down to 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” Having completed […]
AUDUSD is slowly moving close to its local lows – the asset still hopes for a recovery. The Australian Dollar is trying to rise against the USD on Thursday. the current quote for the instrument is 0.6966. The statistics published by Australia in the morning showed that the Unemployment Rate in the country dropped to […]
EURUSD remains volatile; the asset is very sensitive to any changes in the market sentiment. The major currency pair fixed within a sideways range on Thursday. the current quote for the instrument is 1.0482. The US economy is now getting real confirmation that an inflation boost might really damage its key elements and mechanisms. Quarterly […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is rebounding from the bearish channel’s upside border. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. Early in May, there was a similar test of the cloud, which resulted in a further downtrend. The markets could indicate that the price may re-test […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another correctional impulse. In this case, the upside correctional target may be the resistance level at 1840.00. At […]
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 1.0600. However, an alternative scenario implies […]
EURUSD is taking a break after four days of recovering. The major currency pair slowed down its recovery. The current quote for the instrument is 1.0508. The statistics published by the US yesterday were quite confident. The Retail Sales added 0.9% m/m in April after gaining 1.4% m/m the month before and against the expected […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bearish channel’s upside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0535 and then resume moving downwards to reach 1.0245. Another signal in favour of […]