Tag: Roboforex
EURUSD got much weaker but keeps on trying to rebound. The major currency pair is taking a shot at rising. The current quote for the instrument is 1.1184. Investors are still interested in the “greenback” as a “safe haven” asset. The second estimate of the US GDP for the fourth quarter of 2021 showed 7.0% […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1204; 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 1.1285 and then resume moving downwards to reach 1.1005. Another signal in favour of a further downtrend will be a […]
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 1.1295. However, an alternative scenario implies that […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.1295, EURUSD has broken it to the downside. Possibly, today the pair may fall to break 1.1200 and then continue trading downwards with the short-term target at 1.1157. GBPUSD, “Great Britain Pound vs US Dollar” Having reached 1.3540 and formed a new consolidation […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 6/8, break it, and then continue falling to reach the support at 5/8. However, this scenario may be […]
EURUSD is falling while investors are interested in “safe haven” assets. The major currency pair is falling amid global risk aversion. The current quote for the instrument is 1.1243. As the situation in geopolitics escalates, the demand for the “greenback” as a “safe haven” asset among investors is rising. The statistics published yesterday showed that […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3498; 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 1.3525 and then resume moving downwards to reach 1.3365. Another signal in favour of a further downtrend will […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Engulfing reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, the upside target may be the resistance area at 1.2815. However, an alternative scenario implies that the […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.1324. Possibly, today the pair may fall to break 1.1284 and then continue trading downwards with the target at 1.1255. GBPUSD, “Great Britain Pound vs US Dollar” Having reached 1.3540 and then completed the correction at 1.3585, GBPUSD is consolidating below the latter level. Possibly, the […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, after breaking the 200-day Moving Average, USDJPY is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and then grow to reach the resistance at 8/8. However, this scenario may no longer be valid if the […]
