Tag: Roboforex
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 continue growing and reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks the support at […]
GBPUSD reached its two-week highs; the future movements depend on reactions to the statistics. The pound sterling recovered a bit against the USD. The current quote for the instrument is 1.3222. The UK released several macroeconomic reports on prices, which might be very interesting because of their direct influence on the BoE’s stance on the […]
It seems like activity in the BTC revives. On Wednesday, the BTC is correcting at about $42,214; yesterday it reached $43,337. Investors found a catalyst for buying – it’s a positive sentiment in the US stock market. However, it’s too early to say that the tendency is stable: risk attitude is constantly changing. Technically, there […]
EURUSD stopped declining and is currently trying to reach stability in anticipation of the news. The major currency pair remains in balance on Wednesday. The current quote for the instrument is 1.1025. There is still no important macroeconomic data and investors continue analysing the past and future moves of the US Fed, and make plans. […]
EURUSD, “Euro vs US Dollar” After reaching the short-term upside target at 1.1040, EURUSD has completed the correction towards 1.1012. Today, the pair may form a new correctional structure to reach 1.1004 and then form one more ascending wave with the target at 1.1063. GBPUSD, “Great Britain Pound vs US Dollar” After breaking the consolidation […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading within the “overbought area”. In this case, the price is expected to test 8/8, break it, and then continue falling to reach the support at 7/8. However, this scenario may no longer be valid if the price breaks […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.2640. However, an alternative scenario implies that the asset may fall […]
They continue selling AUDUSD – the asset is slowly retreating. The Australian Dollar continues falling against the USD. The current quote for the instrument is 0.7409. Australia isn’t publishing any important data these days. In the meantime, market players are focusing on two aspects – the “greenback” strengthening as a “safe haven” asset and the […]
EURUSD continues falling; the asset is getting weaker. The major currency pair continues trading downwards on Tuesday. The current quote for the instrument is 1.1008. There are no important macroeconomic statistics today but investors have a lot of other things to pay attention to. The US Fed Chairman Jerome Powell spoke yesterday and said that […]
CADCHF, “Canadian Dollar vs Swiss Franc” CADCHF is trading at 0.7434; 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 0.7395 and then resume moving upwards to reach 0.7550. Another signal in favour of a further uptrend will be […]