Tag: Roboforex
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a 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 target may be at 1.1370. However, an alternative scenario implies […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3521; 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 1.3495 and then resume moving upwards to reach 1.3680. Another signal in favour of a further uptrend […]
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 is reaching stability after skyrocketing last week. The major currency pair is calming down after significant fluctuations last week. The current quote for the instrument is 1.1460. With not too many macroeconomic statistics in the picture, investors have plenty of time to analyse and discuss the prospects of global monetary policies. For example, […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.1425. Possibly, today the pair may fall with the short-term target at 1.1386. Later, the market may correct to test 1.1410 from below and then resume trading downwards to reach 1.1370. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues forming a new consolidation range […]
USDJPY rose after consolidating for several trading sessions. The Japanese Yen dropped a little bit against the USD on Tuesday. The current quote for the instrument is 115.35. Global capital markets are well-affected towards risks and that reduces the demand for the Yen as a “safe haven” asset. According to the data released earlier […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset is quickly correcting to the upside after completing the previous downtrend, which failed to reach 76.0% fibo at 1.1047 due to convergence on MACD. As of now, the first rising impulse has already reached 23.6% fibo. In the nearest future, […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, EURUSD is trading above it, thus indicating a possible ascending tendency. In this case, the price is expected to break 4/8 and then continue growing to reach the resistance at 5/8. Still, this scenario may no […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, including Harami, close to the resistance level, USDCAD is reversing and may form a new descending impulse. In this case, the downside target may be the support area at 1.2670. However, an alternative scenario implies that […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave along with the correction, EURUSD has formed a new consolidation range near the highs. Possibly, today the pair may break the range to the downside and correct towards 1.1366. Later, the market may resume trading upwards with the target at 1.1427. GBPUSD, “Great Britain Pound […]