Tag: Roboforex

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after forming a Stick Sandwich reversal pattern not far from the support level, XAUUSD is reversing and may continue forming its rising impulse. In this case, the upside target remains the resistance area at 1830.00. At the same time, an opposite scenario […]

EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1466, EURUSD is consolidating below this level. Possibly, today the pair may correct down to 1.1280 and then start another growth to break 1.1500. Later, the market may continue trading upwards with the target at 1.1550. GBPUSD, “Great Britain Pound vs US Dollar” After […]

EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1455; 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 1.1385 and then resume moving upwards to reach 1.1615. Another signal in favour of a further uptrend will be a […]

EURUSD upsurged after the ECB meeting.  The major currency pair skyrocketed after the ECB’s February meeting. the current quote for the instrument is 1.1450. The Euro rose against all traded currencies after the European Central Bank declined the possibility of keeping its benchmark interest rate unchanged this year.  During its February meeting, the ECB decided […]

AUDUSD, “Australian Dollar vs US Dollar” The daily chart shows a double test of the long-term 38.2% fibo and an update of the low, as well as convergence on MACD. In this case, the pair is expected to start a new rising correction, which may later be followed by a further downtrend towards 50.0% and […]

USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading below it, thus indicating a possible descending tendency. In this case, the price is expected to test 6/8, break it, and continue falling to reach the support at 5/8. However, this scenario may be cancelled if […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Long-Legged Doji reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside target may be at 1.1260. However, an alternative scenario implies […]

XAUUSD, “Gold vs US Dollar” XAUUSD is trading at 1805.00; 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 1810.00 and then resume moving downwards to reach 1765.00. Another signal in favour of a further downtrend will be […]

EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1329, EURUSD is consolidating around 1.1300. Possibly, today the pair may correct down to 1.1280 and then start another growth to break 1.1330. Later, the market may continue trading upwards with the short-term target at 1.1403. GBPUSD, “Great Britain Pound vs US Dollar” After […]

EURUSD stopped rising before the ECB meeting. The major currency pair took a break from growing before the ECB meeting. the current quote for the instrument is 1.1300. The CPI Flash Estimate in the Euro Area showed 5.1% y/y in January after being 5.0% y/y the month before; it’s a new high for the indicator. […]