Tag: Roboforex
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a 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 1.1050. However, an alternative scenario implies […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading inside the “overbought area”. In this case, the price is expected to break 8/8 and then continue falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks the resistance at +1/8 to the […]
USDJPY is slowly rising; demand for “safe haven” assets is rather low. The Japanese Yen is retreating against the USD again. The current quote for the instrument is 122.87. According to the statistics published today, Household Spending gained 1.1% y/y in February after adding 6.9% y/y in January. Early in the year, there was hope […]
AUDUSD updated its 10-month highs after the RBA meeting. The Australian Dollar improved pretty much against the USD. The current quote for the instrument is 0.7629. The Reserve Bank of Australia had another meeting in the morning and left the benchmark interest rate intact at 0.10%, just as expected. This time, the regulator’s comments were […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the rising channel’s downside border at 1.0971; 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 1.1055 and then resume moving downwards to reach 1.0780. Another signal in favour […]
EURUSD, “Euro vs US Dollar” EURUSD has finished the descending wave at 1.0960. Today, the pair may start another growth with the first target at 1.1040. GBPUSD, “Great Britain Pound vs US Dollar” After forming a new consolidation range around 1.3116, GBPUSD is moving upwards and may soon reach 1.3138. Later, the market may break […]
EURUSD, “Euro vs US Dollar” In the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer be valid if the […]
EURUSD continues falling; investors are assessing risks. The major currency pair is falling early in the week. The current quote for the instrument is 1.1022. Not as if sales in EURUSD were very active, but bears are very consistent. Investors are watching risks and so far, assessing them as quite global. Last Friday’s statistics on […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the cloud at 0.7512; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.7500 and then resume moving upwards to reach 0.7670. Another signal in favour of a […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having completed the correction at 1.1170, EURUSD is forming another descending wave with the first target at 1.0944 and may later correct towards 1.1060, thus forming a wide consolidation range around 1.0944. If the price breaks this range to the downside, the […]