Tag: Roboforex
GBPUSD has been strengthening for the second consecutive trading session; the statistics support the pair. The British Pound is still growing against the USD on Wednesday. The current quote for the instrument is 1.3569. According to the data published earlier today, the CPI in the United Kingdom showed 5.5% y/y in January against the expected […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD is consolidating around 38.2% fibo. This consolidation range may 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 the low at […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.1348. Today, the pair may grow with the short-term target at 1.1388. Later, the market may correct to return to 1.1348 and then form one more ascending structure towards 1.1416. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around 1.3520; it has already expanded […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1318; 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 1.1365 and then resume moving downwards to reach 1.1190. Another signal in favour of a further downtrend will be a […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to rebound from 5/8 and then resume falling to reach the support at 3/8. However, this scenario may no longer […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, the asset is quickly correcting to the upside after convergence on MACD. After reaching and testing 23.6% fibo, the pair has started a slight pullback within this correctional uptrend. After this pullback is over, the price may form another rising impulse towards […]
EURUSD, “Euro vs US Dollar” Having completed another descending structure at 1.1280, EURUSD is expected to grow towards 1.1334 and then fall to reach 1.1307, thus forming a new consolidation range between the two latter levels. If the price breaks the range to the upside, the market may form one more ascending structure with the […]
The British Pound is getting stronger in response to good labour market data. The British Pound is back to rising against the USD on Tuesday. The current quote for the instrument is 1.3547. Earlier today, the United Kingdom released a lot of numbers on its labour market. For example, the Unemployment Rate in December […]
USDJPY is rising on Tuesday; the asset is more volatile than usual. The Japanese yen is falling against the USD on Tuesday. The current quote for the instrument is 115,61. The pair has been more volatile than usual recently. The reason for this is a constant revaluation of external risks. According to the data published […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern not far from the resistance level, XAUUSD is reversing and may form a new correctional impulse. In this case, the downside target may be the support area at 1845.50. At the same time, an opposite […]