Tag: Roboforex
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 test 3/8, break it, and then continue falling to reach the support at 2/8. However, this scenario may no […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after forming a Long-Legged Doji reversal pattern not far from the support level, XAUUSD is reversing and may continue forming its rising impulse. In this case, the upside target is the resistance area at 1830.00. At the same time, an opposite scenario […]
EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1180 along with the correction towards 1.1144. EURUSD is growing with the short-term target at 1.1300. Later, the market may start a new correction to reach 1.1222 and then form one more ascending structure with the target at 1.1320. GBPUSD, “Great Britain Pound vs […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1241; 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 1.1275 and then resume moving downwards to reach 1.1040. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, EURUSD is forming the structure of the ascending wave with the first target at 1.1313. Later, the market may correct towards 1.1220 and then resume trading upwards to break 1.1420. After that, the instrument may continue growing with the short-term target at […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, the downtrend continues as the asset is heading towards 76.0% fibo at 1.1047. At the moment, the pair is correcting upwards after completing the previous descending impulse. After the pullback is over, EURUSD may resume falling towards its key target. At the […]
EURUSD is rising amid “renascence” of enthusiasm for risks. The major currency pair continues growing on Tuesday. The current quote for the instrument is 1.1262. The risk attitude in financial markets is improving and that makes the “greenback” less attractive. In the meantime, the statistics from Germany showed that the Retail Sales dropped 5.5% m/m […]
AUDUSD is trying to keep its positive momentum. The Australian Dollar continues growing against the USD on Tuesday. The current quote for the instrument is 0.7080. The Reserve Bank of Australia had another meeting today and decided to keep the benchmark interest rate intact at 0.1%, the same as expected. However, something did happen. The […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading within the “oversold area”. In this case, the price is expected to break -1/8 and then continue growing to reach the resistance at 1/8. Still, this scenario may no longer be valid if the price breaks -2/8 to the […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1205. However, an alternative scenario implies that […]