Tag: Roboforex
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY has rebounded from the resistance at 8/8. In this case, the price is expected to break 7/8 and correct downwards to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD has reached 61.8% fibo after convergence on MACD and may boost its growth towards 76.0% fibo at 1.3672. After that, the pair may start a new correction to the downside before attacking the high at 1.3824. The key support […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.1313 and rebounding from this level, EURUSD is still growing and has already reached 1.1363; right now, it is consolidating around the latter level. Later, the market may break the range to the upside and form one more ascending structure with the short-term target […]
USDJPY is slowly growing for the second trading session in a row; market players don’t need “safe haven” assets. The Japanese yen is falling against the USD. The current quote for the instrument is 115.36. After a quite successful trading session on Monday, the Yen has been falling for the second consecutive day. The reason […]
EURUSD rose pretty much; investors aren’t interested in the “greenback”. The major currency pair remains in a good mood on Wednesday. The current quote for the instrument is 1.1364. The US Fed Chairman Jerome Powell, who spoke yesterday, provided market players with enough catalysts for further movements. First of all, Powell found a perfect […]
