Tag: Roboforex
EURUSD remains under pressure amid high demand for “safe haven” assets. The major currency pair remains weak. The current quote for the instrument is 1.1103. As it usually happens early in the month, the economic calendar is very eventful and offers a lot of data. For example, the CPI in the Euro Area showed […]
EURUSD, “Euro vs US Dollar” After rebounding from 1.1142, EURUSD continues forming the descending wave towards 1.1044. Later, the market may correct to reach 1.1144 and then resume trading downwards with the target at 1.1010. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around 1.3354. Possibly, today the pair may grow towards 1.3410 […]
EURUSD, “Euro vs US Dollar” EURUSD continues forming the descending wave towards 1.1075. Later, the market may correct to reach 1.1160 and then resume trading downwards with the target at 1.1050. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still falling towards 1.3282. After that, the instrument may start a new correction to reach […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hanging Man pattern not far from the resistance level. At the moment, the asset is reversing in the form a new descending impulse. In this case, the downside correctional target may be the support area at 1915.00. At […]
In the last couple of days, the BTC leaped up almost 20%. On Wednesday, the major cryptocurrency is trading at $44,040, while yesterday it cost almost $45,000D. The BTC capitalisation recovered at $824 billion. What has happened? It seems like investors concerned with what is happening in geopolitics rushed into the crypto sector. The negative […]
EURJPY, “Euro vs Japanese Yen” EURJPY is trading at 127.79; 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 128.75 and then resume moving downwards to reach 125.25. Another signal in favour of a further downtrend will be a […]
EURUSD plummeted and this decline may not be over. The major currency pair plunged over the last 24 hours. The current quote for the instrument is 1.1087. The EURUSD weakness is directly connected with the global risk aversion due to commodity and humanitarian crises. The “greenback” acts as a “safe haven” asset, which investors […]
AUDUSD is keeping its positive momentum, although the sentiment is changing. The Australian Dollar is rising against the USD on Wednesday. The current quote for the instrument is 0.7251. The rising wave in AUD formed earlier slowed down last night due to the increased demand for “safe haven” assets. At the moment, the markets are […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to break 7/8 and then continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price […]
EURUSD, “Euro vs US Dollar” After completing another descending wave at 1.1140 along with the correction towards 1.1245, EURUSD is expected to form one more descending structure to return to 1.1140. Later, the market may break the latter level and continue trading downwards with the short-term target at 1.1040. GBPUSD, “Great Britain Pound vs US […]