Tag: Roboforex

Mar 23
The cryptocurrency market digest (BTC, ETH, SHIB). Overview for 23.03.2022

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 […]

Mar 23
EURUSD found support. Overview for 23.03.2022

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. […]

Mar 23
Forex Technical Analysis & Forecast 23.03.2022

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 […]

Mar 22
Murrey Math Lines 22.03.2022 (AUDUSD, NZDUSD)

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 […]

Mar 22
Japanese Candlesticks Analysis 22.03.2022 (USDCAD, AUDUSD, USDCHF)

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 […]

Mar 22
The Aussie is retreating. Overview for 22.03.2022

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 […]

Mar 22
EURUSD is falling deeper. Overview for 22.03.2022

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 […]

Mar 22
Ichimoku Cloud Analysis 22.03.2022 (CADCHF, GBPUSD, USDCHF)

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 […]

Mar 22
Forex Technical Analysis & Forecast 22.03.2022

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 […]

Mar 21
Murrey Math Lines 21.03.2022 (EURUSD, GBPUSD)

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 […]