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 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 […]

USDJPY, “US Dollar vs Japanese Yen” USDJPY is trading at 115.42; 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 115.10 and then resume moving upwards to reach 116.70. Another signal in favour of a further uptrend will […]

EURUSD, “Euro vs US Dollar” In the H4 chart, after leaving the consolidation range and breaking 2/8, EURUSD is trading below it. In this case, the price is expected to test 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer be valid if the price […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after breaking the previous high, the asset continues trading upwards. In the future, the pair may reach and break the long-term 61.8% fibo at 1908.00. At the moment, XAUUSD is testing 50.0% fibo. The H1 chart shows that after finishing the mid-term […]

EURUSD, “Euro vs US Dollar” Having completed another descending structure at 1.1329, EURUSD is expected to grow and test 1.1373 from below. Later, the market may start a new decline to break 1.1320 and then continue trading downwards with the target at 1.1280. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is forming a new […]