Tag: Roboforex
AUDUSD continues falling; the statistics were disappointing. The Australian Dollar is falling against the USD on Tuesday. The current quote for the instrument is 0.7148. The Australian CPI showed 1.3% q/q in the fourth quarter after being 0.8% q/q the quarter before and against the expected reading of 0.1% q/q. On YoY, the indicator skyrocketed […]
EURUSD is sliding down; investors are waiting for the Fed meeting and its decisions. The major currency pair remains under pressure on Tuesday. The current quote for the instrument is 1.1288. The statistics published by the Euro Area yesterday were rather mixed. The Services PMI dropped to 51.2 points in January after being 53.1 points […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after growing and reaching 50.0% fibo, the asset is trading to the downside. This movement may be considered another descending impulse within the downtrend; its closest target is the low at 1.1186, a breakout of which may lead to a further decline […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating near the lows around 1.1330; it has already expanded the range both downwards and upwards to 1.1290 and 1.1334. At the moment, the asset is correcting to the downside. Possibly, today the pair may complete the correction by falling and reaching 1.1307. If later the market […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, EURUSD is trading below it, 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 1/8. Still, this scenario […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, the asset is moving downwards. After forming a Harami reversal pattern not far from the resistance level, XAUUSD is reversing and may continue forming its correctional impulse. In this case, the downside target is the support area at 1830.00. At the same […]
At the beginning of a very important week, EURUSD is going down. The major currency pair is falling on Monday. The current quote for the instrument is 1.1317. So, one of the most important weeks for financial markets has started. The key highlight is the January meeting of the US Federal Reserve System and […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is trading at 0.6708; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6755 and then resume moving downwards to reach 0.6590. Another signal in favour of a further downtrend will […]
XAUUSD, “Gold vs US Dollar” As we can see in the daily chart, XAUUSD is still forming another rising wave within the uptrend and may soon reach 50.0% fibo. Later, the pair is expected to continue the uptrend to reach 61.8% and 76.0% fibo at 1908.00 and 1969.50 respectively. The key support remains at the […]
EURUSD, “Euro vs US Dollar” After completing the ascending impulse at 1.1359, EURUSD is correcting towards 1.1330, thus forming a new consolidation range between these two levels. If later the market breaks the range to the upside, the price may form one more ascending structure towards 1.1400 or even reach the target at 1.1427; if […]