Tag: Roboforex
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, after breaking the 200-day Moving Average, USDJPY is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and then grow to reach the resistance at 8/8. However, this scenario may no longer be valid if the […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD is still consolidating around 38.2% fibo and this consolidation range may later be followed by a new rising impulse. The mid-term upside targets may be 61.8% and 76.0% fibo at 1.3833 and 1.3987 respectively. The key support remains at […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1316; 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 1.1340 and then resume moving downwards to reach 1.1155. Another signal in favour of a further downtrend will be […]
The cryptocurrency market continues falling and the market sentiment is far from positive. First of all, it happens due to expectations of a future rate hike by the US Fed during its March meeting. Another reason is reactions to geopolitical escalations. It is now clearly seen that the crypto segment has become a “safe haven” […]
EURUSD remains active; the asset is getting back inside its range. The major currency pair keeps responding to the external background changes. The current quote for the instrument is 1.1354. The demand for the “greenback” as a “safe haven” asset remains high; however, investors are no longer overreacting and the global market is reaching […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating a possible ascending tendency. In this case, the price is expected to break 6/8 and then continue growing to reach the resistance at 8/8. However, this scenario may […]
EURUSD, “Euro vs US Dollar” After breaking 1.1318 to the downside, EURUSD is expected to continue falling with the short-term target at 1.1250. Later, the market may start a new growth to test 1.1322 from below and then resume trading downwards with the target at 1.1240. GBPUSD, “Great Britain Pound vs US Dollar” Having rebounded […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after a price gap, XAUUSD has formed a Shooting Star pattern not far from the resistance level. At the moment, the asset is reversing in the form a new correctional impulse. In this case, the downside correctional target may be the support […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, divergence on MACD made the asset complete the rising impulse and resume its local correction. The most probable scenario implies that the pair may finish the correction soon above the low at 1.1120 and then continue growing to break the next high […]
XAUUSD, “Gold vs US Dollar” XAUUSD is trading at 1909.00; 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 1885.00 and then resume moving upwards to reach 1965.00. Another signal in favour of a further uptrend will be a […]