Tag: Roboforex
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking 8/8 and leaving the “overbought area”, USDCHF is expected to break 7/8 and continue falling to reach the support at 5/8. However, this scenario may be cancelled if the price breaks the resistance at 8/8 to the upside. After that, the instrument may […]
EURUSD continues trading near its lows; market players are waiting for the US Fed’s decisions. The major currency pair remains weak on Wednesday. The current quote for the instrument is 1.0518. So, the zero hour has come. The 2-day meeting of the US Fed will be over later today, which means that investors will finally […]
EURUSD, “Euro vs US Dollar” After finishing the correctional wave at 1.0655, EURUSD is forming a new descending structure to break 1.0407 and may later continue trading downwards with the target at 1.0373. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the correctional wave at 1.2570, GBPUSD is falling to break 1.2444 and may […]
AUDUSD is keeping its positive momentum thanks to the Reserve Bank of Australia. The Australian Dollars keep on trying to recover against the USD. The current quote for the instrument is 0.7118. Yesterday, the Reserve Bank of Australia raised the benchmark interest rate by 25 basis points, up to 0.35%. At the same time, it […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0570 and then resume moving downwards to reach 1.0315. Another signal in favour of a further […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having completed the correction at 1.1800, rebounded from it to the downside, and then finished another descending wave towards 1.0835, EURUSD has broken the downside border of the consolidation range around the latter level to reach the short-term target at 1.0494. Possibly, […]
On Wednesday, the BTC is balancing at $38,800. Everyone is waiting. The US Fed’s 2-day meeting will be over later today and the regulator is expected to raise the rate. 100%. The question is – by how much? Average market expectations imply a 50-point hike, yup to 0.75-1.00%. this has already been included in prices, […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new correctional impulse. In this case, the upside correctional target may be at 1.0575. However, an alternative scenario […]
BRENT In the H4 chart, after breaking the 200-day Moving Average, Brent is trading above at above it to indicate a possible ascending tendency. In this case, the price is expected to test 2/8, break it, and then continue moving upwards to reach the resistance at 3/8. However, this scenario may no longer be valid […]
The BTC has been successfully recovering for a couple of days but bears struck back. The major cryptocurrency is mostly trading at $39,573. The key intrigue is the US Fed’s May meeting. Market expectations imply a 50-point rate hike and they are already included in prices. However, after yesterday’s GDP Q1 2022 report, which showed […]