Tag: Roboforex
Thanks for great news, BTC! The leading cryptocurrency reached all the set goals, stepped over an extremely important threshold of $46,000, and is trading at $47,024 today. What is next? Technically, the nearest resistance is at $48,300, and this is a serious obstacle that prevents buyers from easily reaching $51,000. The reason for the growth […]
Sales in EURUSD increase; investors are escaping risks. The major currency pair continues falling. The current quote for the instrument is 1.0991. Demand for the American currency remains high. On one hand, market players are still trying to escape risks. On the other hand, they continue analysing possible moves of the US Fed in the […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami 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 1.0880. However, an alternative scenario implies […]
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 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer be valid if the […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new correctional impulse. In this case, the upside correctional target may be at 1.2575. However, an alternative scenario implies that the asset […]
BRENT As we can see in the H4 chart, Brent is trading above the 200-day Moving Average to indicate an ascending tendency. In this case, the price is expected to test 4/8, break it, and then continue moving upwards to reach the resistance at 5/8. However, this scenario may no longer be valid if the […]
The BTC is slowly going north but the good news is that there are more buyers than sellers. If the market succeeds in keeping the current uptrend for the next couple of days, there is a chance the asset might successfully test $45,000. In this case, the upside target will move to $46,000 and one […]
EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1000 and then breaking this level, EURUSD is expected to continue growing towards 1.1042. After that, the instrument may resume falling to return to 1.1000 and then form one more ascending wave with the target at 1.1048. GBPUSD, “Great Britain Pound vs US Dollar” […]
EURUSD is trying to keep its positive momentum and remain “in the black”. The major currency pair is slowly growing on Friday. The current quote for the instrument is 1.1014. The statistics published yesterday by the US showed that the country’s labour market is eventually recovering. The Initial Jobless Claims was 187K after being 215K […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is trading at 0.6977; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6935 and then resume moving upwards to reach 0.7095. Another signal in favour of a further uptrend will […]