Tag: Roboforex
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is rebounding from Tenkan-Sen at 0.6828; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6880 and then resume moving downwards to reach 0.6685. Another signal in favour of a further […]
GBPUSD is still falling and slowly approaching the lows. The Pound sterling resumed its decline against the USD. The current quote for the instrument is 1.3012. The statistics published today showed that the Unemployment Rate in the United Kingdom dropped to 3.8% in February after being 3.9% in the previous month. The Average Earnings gained […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 1.0836 along with the correction up to 1.0911, EURUSD is falling towards 1.0848 and may later consolidate there. If the price breaks this range to the upside, the instrument may start a new correction with the target at 1.0995. GBPUSD, “Great Britain Pound vs […]
EURUSD, “Euro vs US Dollar” As we can see 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 […]
The BTC still looks quite disappointing. Over a week, the leading cryptocurrency lost 7%. The capitalisation of the BTC dropped to $803 billion. The BTC quotes are depressed because of American stock exchanges: at the nearest meeting, the Fed might raise the interest rate by 50 basis points. This is a serious impact on the […]
GBPUSD remains under pressure and may start plunging at any moment. It seems like the Pound sterling is afraid to move at all against the USD. The current quote for the instrument is 1.3028. The USD’s attack against the British currency is too strong. Bears may get more active and push the Pound down to […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Hammer, not far from the support area. At the moment, the asset is reversing in the form a further uptrend. In this case, the upside target may be the resistance level at 1975.00. At […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen and Kijun-Sen at 1.0890; 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 1.0985 and then resume moving downwards to reach 1.0715. Another signal in favour of a […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the rising channel’s downside border at 0.7488; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the rising channel’s upside border at 0.7515 and then resume moving downwards to reach 0.7265. Another signal […]
BRENT As we can see in the H4 chart, after reaching the “oversold area”, Brent is trading at 0/8. In this case, the price is expected to rebound from this level and resume moving upwards to reach the resistance at 2/8. However, this scenario may no longer be valid if the asset breaks 0/8 to […]