Tag: Roboforex
EURUSD, “Euro vs US Dollar” EURUSD has reached the correctional target at 1.0982. Today, the pair may consolidate above this level. Later, the market may break this level and form one more ascending wave with the short-term target at 1.1141. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still consolidating around 1.3136. Possibly, today […]
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 2/8, break it, and then continue falling to reach the support at 1/8. Still, this scenario may no longer be valid if the […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support level. At the moment, the asset is reversing in the form a new ascending impulse. In this case, the upside target may be the resistance area at 1975.50. At the same […]
BTC is slightly declining. Some say that the coin will remain in the range. The borders of the channel are $34,000-$42,000, but the buyers can easily proceed to $45,500. This level needs to be broken if they want to reach $46,000. If they succeed, the market may expect a stable uptrend to $52,000. If they […]
AUDUSD is falling amid global risk aversion. The Australian Dollar is falling against the USD early in the week. The current quote for the instrument is 0.7389. AUDUSD moved away from its 2-week highs amid global risk aversion in financial markets. Risk is now the major trigger on all exchanges. In the meantime, Australian authorities […]
EURUSD, “Euro vs US Dollar” EURUSD continues trading downwards to reach 1.0982. Later, the market may rebound from this level and form one more ascending wave with the target at 1.1134. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still consolidating around 1.3136. Possibly, today the pair may fall towards 1.3083. Later, the market […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1042; 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 1.1015 and then resume moving upwards to reach 1.1255. Another signal in favour of a further uptrend will be a […]
BRENT 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 6/8, break it, and then continue moving upwards to reach the resistance at 7/8. However, this scenario may no longer be valid if the asset breaks the support […]
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 and may form a new descending impulse. In this case, the downside target may be at 1.0970. However, an alternative scenario implies that […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3162; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.3080 and then resume moving upwards to reach 1.3365. Another signal in favour of a further uptrend will […]