Tag: Roboforex
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 […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading below it to indicate a possible descending tendency. In this case, the price is expected to break 3/8 and then continue falling to reach the support at 2/8. However, this scenario may be cancelled if the […]
USDJPY is falling after updating its 7-year highs. The Japanese yen is recovering against the USD. The current quote for the instrument is 121.99. The Yen suffered serious stress in March and has lost 6% against the “greenback” since the beginning of 2022. Amid global risk aversion, market players chose the USD but right now […]
EURUSD is keeping its positive momentum; investors are interested in risks. The major currency pair is strengthening after a rebound. The current quote for the instrument is 1.1163. The risk attitude is slowly recovering, making the “greenback” sell attractive as a “safe haven” asset. The US data published yesterday was quite interesting and surprising, to […]
NZDCHF, “New Zealand Dollar vs Swiss Franc” NZDCHF is rebounding from the cloud’s downside border trading at 0.6417; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6455 and then resume moving downwards to reach 0.6325. Another signal […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Shooting Star reversal pattern close to the resistance area. At the moment, EURUSD is reversing in the form of a new descending impulse. In this case, the downside target may be at 1.1115. However, an alternative scenario […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to break 6/8 and then continue growing and reach the resistance at 7/8. However, this scenario may no longer be valid if the price […]
GBPUSD stopped falling; the pair is recovering. The Pound sterling stopped falling against the USD. The current quote for the instrument is 1.3137. The USD is weak today – it’s a great chance for other traded currencies to recover and the Pound is taking advantage of it. Market players are switching to risks but it’s […]
EURUSD has improved over the last 24 hours; the asset continues recovering. The major currency pair climbed into positive territory. The current quote for the instrument is 1.1155. Demand for the “greenback” as a “safe haven” asset dropped over the last 24 hours: investors’ risk attitude went up and they are ready to move on. […]