Tag: Roboforex
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 […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD is still consolidating around 38.2% fibo and this consolidation range may later be followed by a new rising impulse. The mid-term upside targets may be 61.8% and 76.0% fibo at 1.3833 and 1.3987 respectively. The key support remains at […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1316; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1340 and then resume moving downwards to reach 1.1155. Another signal in favour of a further downtrend will be […]
The cryptocurrency market continues falling and the market sentiment is far from positive. First of all, it happens due to expectations of a future rate hike by the US Fed during its March meeting. Another reason is reactions to geopolitical escalations. It is now clearly seen that the crypto segment has become a “safe haven” […]
EURUSD remains active; the asset is getting back inside its range. The major currency pair keeps responding to the external background changes. The current quote for the instrument is 1.1354. The demand for the “greenback” as a “safe haven” asset remains high; however, investors are no longer overreacting and the global market is reaching […]
