Tag: Roboforex
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to test 6/8, break it, and then continue growing to reach the resistance at 7/8. However, this scenario may no longer be valid if […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having completed the ascending correctional structure within the third descending wave at 1.0760, EURUSD is expected to test this level from below and then resume trading downwards with the short-term target at 1.0222. GBPUSD, “Great Britain Pound vs US Dollar” In the […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bearish channel’s upside border. 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 downside border at 1.0630 and then resume moving upwards to reach 1.0990. Another signal in favour of […]
EURUSD is trying to keep its positive momentum but investors prefer to wait for new catalysts. The major currency pair is consolidating on Tuesday but may resume rising if the situation allows. The current quote for the instrument is 1.0730. The beginning of this week was rather calm from the viewpoint of statistics and important […]
USDJPY is back to rising; demand for the “safe haven” Yen dropped. The Japanese Yen is falling against the USD on Tuesday. The current quote for the instrument is 128.05. The global risk attitude is currently quite positive. This is one of the reasons why the demand for the Yen declined. The statistics published in […]
EURUSD, “Euro vs US Dollar” Having expanded the consolidation range up to 1.0777, EURUSD is expected to correct down to 1.0731 and may later form one more ascending structure towards 1.0820. After that, the instrument may resume moving within the downtrend with the target at 1.0630. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it to indicate an ascending tendency. In this case, the price is expected to break 3/8 and then continue growing to reach the resistance at 4/8. However, this scenario may no […]
BRENT Brent is rising within the bullish 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 at 119.75 and then resume moving upwards to reach 132.25. Another signal in favour of a further uptrend will be a rebound from the […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Doji reversal pattern close to the support area. At the moment, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1.0850. However, an alternative scenario implies […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, such as Shooting Star, close to the resistance level, USDCAD is reversing in the form of another descending impulse. In this case, the downside target may be at 1.2620. However, an alternative scenario implies that the […]