Tag: Roboforex
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 […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1303; 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 1.1315 and then resume moving downwards to reach 1.1195. Another signal in favour of a further downtrend will be a […]
EURUSD is saving strengths in anticipation of the Fed’s decisions. The major currency pair is waiting for the American regulator to go through its meeting. The current quote for the instrument is 1.1281. So, the zero hour has come. The 2-day Fed meeting will be over today and everyone is expecting as much information as […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, the previous decline has been replaced by a slight growth, which may start a new rising wave. If it happens, the upside targets may be 61.8% and 76.0% fibo at 1.3834 and 1.3987 respectively. However, an alternative scenario implies a […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, including Shooting Star, close to the resistance level, USDCAD is reversing and may form a new descending impulse. In this case, the downside target may be the support area at 1.2540. However, an alternative scenario implies […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3474; 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 1.3505 and then resume moving downwards to reach 1.3355. Another signal in favour of a further downtrend will […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 4/8, break it, and then continue falling to reach the support at 3/8. However, this scenario may no […]
