Tag: Roboforex
EURUSD is consolidating on Friday after a 5-day rising streak. The major currency pair stopped rising late in the week. The current quote for the instrument is 1.1066. Apart from fundamental factors, A quick rise in EURUSD was based on predictions about neutralisation of geopolitical tensions. At the same time, the “greenback” remained under pressure […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, USDCHF is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to test 7/8, break it, and then continue growing to reach the resistance at 8/8. However, this scenario may be cancelled if the price […]
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 rising impulse. In this case, the upside target may be at 1.2780. However, an alternative scenario implies that the asset may […]
EURUSD, “Euro vs US Dollar” After rebounding from 1.0927, EURUSD continues growing towards 1.1145. Later, the market may form a new descending structure to reach 1.1034 and then resume trading upwards with the target at 1.1177. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the ascending wave at 1.3141, GBPUSD has formed a new […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1030; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1005 and then resume moving upwards to reach 1.1250. Another signal in favour of a further uptrend will be […]
AUDUSD continues recovering supported by the statistics. The Australian Dollar is steadily rising against the USD on Thursday. The current quote for the instrument is 0.7322. Earlier today, Australia released several reports on its labour market. The data turned out to be quite positive and provided the Aussie with great support. The Unemployment Rate in […]
EURUSD is back to rising after the US Fed’s restrained decision. The major currency pair resumed growing. The current quote for the instrument is 1.1033. It’s been the fifth consecutive trading session within the uptrend. So, the key highlight of this week has been finally over: the US Federal Reserve System had the meeting and […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is approaching the “overbought area”. In this case, the price is expected to test 8/8, rebound from it, and then resume falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks the resistance at 8/8 […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.0970. Possibly, today the pair may expand the range up to 1.0997 and then fall towards 1.0940. If later the price breaks this range to the downside, the market may form a new descending structure to reach 1.0880; if to the upside – resume trading upwards […]
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 […]