Tag: Roboforex
The BTC still looks quite disappointing. Over a week, the leading cryptocurrency lost 7%. The capitalisation of the BTC dropped to $803 billion. The BTC quotes are depressed because of American stock exchanges: at the nearest meeting, the Fed might raise the interest rate by 50 basis points. This is a serious impact on the […]
GBPUSD remains under pressure and may start plunging at any moment. It seems like the Pound sterling is afraid to move at all against the USD. The current quote for the instrument is 1.3028. The USD’s attack against the British currency is too strong. Bears may get more active and push the Pound down to […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Hammer, not far from the support area. At the moment, the asset is reversing in the form a further uptrend. In this case, the upside target may be the resistance level at 1975.00. At […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-Sen at 1.0890; 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 1.0985 and then resume moving downwards to reach 1.0715. Another signal in favour of a […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the rising channel’s downside border at 0.7488; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the rising channel’s upside border at 0.7515 and then resume moving downwards to reach 0.7265. Another signal […]
BRENT As we can see in the H4 chart, after reaching the “oversold area”, Brent is trading at 0/8. In this case, the price is expected to rebound from this level and resume moving upwards to reach the resistance at 2/8. However, this scenario may no longer be valid if the asset breaks 0/8 to […]
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 area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0915. However, an alternative scenario […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the descending wave at 1.0855 and may later start a new correction to reach 1.0955. After that, the instrument may resume trading downwards with the target at 1.0805. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is forming a new consolidation range around 1.3080. Possibly, the pair […]
The crypto market plummeted. The BTC dropped to $42,700 for the first time in two weeks and its capitalisation plunged to $825 billion. The BTC’s market share is now estimated at 39.3%. the total capitalisation of the entire crypto market is $2.09 trillion. The key reason for this decline is investors’ risk aversion. Another factor […]
.AUDUSD is falling under the attack of the “greenback” and amid the global risk appetite decline. The Aussie continues falling against the USD. The current quote for the instrument is 0.7462. The RBA Financial Stability Review published earlier today says that many Australian loaners are ready for the benchmark interest rate hike. According to the […]