Tag: Roboforex
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed one more Hanging Man 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 correctional target may be at 1.1360. However, an alternative […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1371; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.1405 and then resume moving downwards to reach 1.1205. Another signal in favour of a further downtrend will be […]
BRENT As we can see in the H4 chart, Brent is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to test 6/8, break it, and then continue moving upwards to reach the resistance at 7/8. However, this scenario may no longer be valid if […]
SLP rose, ADA was bought by an unknown investor, while ETH remains attractive. The dynamics of events in the cryptocurrency sector remains quite high, and that makes investors respond and attracts new users. First of all, it’s SLP, which added 220% over the week. It happened after developers of Axie Infinity changed the rules […]
EURUSD, “Euro vs US Dollar” Having completed another ascending structure at 1.1492, EURUSD is correcting downwards to reach 1.1376 and may later consolidate there. If the price breaks the range to the upside, the market may form one more ascending structure towards 1.1404; if to the downside – resume trading downwards with the short-term target […]
GBPUSD remained volatile and got under pressure on Friday. The British Pound is falling against the USD on Friday. The current quote for the instrument is 1.3552. The United Kingdom released a lot of macroeconomic reports today and investors had no choice but respond. The British GDP in December 2021 dropped 0.2% m/m after adding […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD has completed the first correctional wave to the upside after testing 23.6% fibo. The current decline may be heading to break the low at 0.6967 and then continue down to 50.0% fibo at 0.6758. However, as long as the price […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, the upside target may be the resistance area at 1.2740. However, an alternative scenario implies that […]
EURCAD, “Euro vs Canadian Dollar” EURCAD is trading at 1.4477; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.4445 and then resume moving upwards to reach 1.4740. Another signal in favour of a further uptrend will be […]
USDCHF, “US Dollar vs Swiss Franc” In the H4 chart, after rebounding from the 200-day Moving Average, USDCHF is trading above it, thus indicating a possible ascending tendency. In this case, the price is expected to test 8/8, break it, and continue growing to reach the resistance at +1/8. However, this scenario may be cancelled […]