Tag: Roboforex

On Monday, the BTC is consolidating near $46,028. The market activity has somewhat dropped. On the whole, last week was rather ambiguous for the BTC. After lots of doubts, the quotes headed for $47,000, so the goal of $51,000 remains valid. However, much depends on the international situation. For example, this week market players are […]

EURUSD, “Euro vs US Dollar” EURUSD is still forming the descending structure towards 1.1000. After that, the instrument may start another correction to reach 1.1066 and then resume trading downwards with the target at 1.0950. GBPUSD, “Great Britain Pound vs US Dollar” After breaking 1.3128 and reaching the short-term target at 1.3087, GBPUSD is expected […]

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the resistance level, USDCAD is reversing in the form of a new descending impulse. In this case, the downside target may be at 1.2430. However, an alternative scenario implies that the asset may […]

EURUSD, “Euro vs US Dollar” EURUSD is still forming the descending structure towards 1.1053. After that, the instrument may start another correction to reach 1.1092 and then resume trading downwards with the target at 1.1015. GBPUSD, “Great Britain Pound vs US Dollar” After completing the correctional wave at 1.3174, GBPUSD is forming a new descending […]

BRENT In the H4 chart, after breaking the 200-day Moving Average, Brent is trading below it to indicate a descending tendency. In this case, the price is expected to continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if the asset breaks the resistance at 2/8 to […]

AUDNZD, “Australian Dollar vs New Zealand Dollar” AUDNZD is rebounding from Tenkan-Sen and Kijun-Sen at 1.0806; 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 1.0795 and then resume moving upwards to reach 1.0940. Another signal in favour […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support area. At the moment, the asset is reversing in the form a new ascending impulse. In this case, the upside target may be the resistance level at 1970.00. At the same […]

The BTC couldn’t continue the rising impulse to $51,000 on Friday – it corrected down to $44,858 instead. The correction was one of the possible scenarios, especially as American stock indices went down. From the technical point of view, there is nothing dramatic. However, the correction might push the BTC down to $44,200 or even […]

EURUSD is falling on Friday; investors are escaping risks again. After taking a short break, the major currency pair is back to falling. The current quote for the instrument is 1.1072. Possible reasons for this decline are that market players are saving their strengths in anticipation of the US labour market statistics and global geopolitical […]

EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.1182, EURUSD is expected to form a new descending structure with the first target at 1.1111. After that, the instrument may start another correction towards 1.1140 and then resume trading downwards to reach 1.1010. GBPUSD, “Great Britain Pound vs US Dollar” After completing the […]