Tag: Roboforex
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, thus indicating a possible ascending tendency. In this case, the price is expected to break 6/8 and then continue growing to reach the resistance at 8/8. However, this scenario may […]
EURUSD, “Euro vs US Dollar” After breaking 1.1318 to the downside, EURUSD is expected to continue falling with the short-term target at 1.1250. Later, the market may start a new growth to test 1.1322 from below and then resume trading downwards with the target at 1.1240. GBPUSD, “Great Britain Pound vs US Dollar” Having rebounded […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after a price gap, XAUUSD has formed a Shooting Star pattern not far from the resistance level. At the moment, the asset is reversing in the form a new correctional impulse. In this case, the downside correctional target may be the support […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, divergence on MACD made the asset complete the rising impulse and resume its local correction. The most probable scenario implies that the pair may finish the correction soon above the low at 1.1120 and then continue growing to break the next high […]
XAUUSD, “Gold vs US Dollar” XAUUSD is trading at 1909.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1885.00 and then resume moving upwards to reach 1965.00. Another signal in favour of a further uptrend will be a […]
GBPUSD is falling attacked by the “greenback” The British Pound is falling against the USD on Tuesday. The current quote for the instrument is 1.3580. Revival of the global demand for the “greenback” as a “safe haven” asset makes the Pound retreat. The statistics published yesterday showed that the Rightmove HPI added 2.3% m/m in […]
EURUSD retreated; the “greenback” is in demand. The major currency pair dropped on Tuesday. The current quote for the instrument is 1.1327. The demand for “safe haven” assets revived and the “greenback” rose to the occasion. As long as risk aversion dominates the global market, the American currency will continue strengthening. The statistics published yesterday […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted 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 1.1510. However, an alternative scenario implies […]
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.1313 and then returning to 1.1366, EURUSD is consolidating below the latter level. Possibly, the pair may form a new descending structure to break 1.1323 and then continue falling towards 1.1255. On the other hand, if the price grows and breaks 1.1370, the market […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, EURUSD is trading above it to indicate a possible ascending tendency. In this case, the price is expected to test the resistance at 3/8, break it, and then continue growing to reach 4/8. Still, this scenario […]
