Forex Technical Analysis & Forecast by RoboForex

RF roboforex

RF roboforex

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Aug 6, 2019
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1
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Fibonacci Retracements Analysis 20.08.2019 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, EURUSD has reached a very significant correctional level, 76.0% fibo and may continue falling towards the lows at 1.1027. After breaking the low, the price may continue trading towards the post-correctional extension area between 138.2% and 161.8% fibo at 1.0942 and 1.0889 respectively. Another scenario implies that the pair may start a new rising wave without breaking the low. In this case, the ascending correction may continue towards 38.2% and 50.0% fibo at 1.1327 and 1.1422 respectively.



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RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Forex Technical Analysis & Forecast 22.08.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD, “Euro vs US Dollar”

EURUSD has rebounded from 1.1106 to the downside. Possibly, the pair may break 1.1090 and then continue trading downwards to reach 1.1060. After that, the instrument may be corrected to return to 1.1090 and then resume trading inside the downtrend with the target at 1.1019.



Read more - Forex Technical Analysis & Forecast 22.08.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Ichimoku Cloud Analysis 26.08.2019 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6731; 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 0.6740 and then resume moving downwards to reach 0.6605. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6810. In this case, the pair may continue growing towards 0.6905.



Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Fibonacci Retracements Analysis 28.08.2019 (GBPUSD, EURJPY)

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, the correctional uptrend is heading towards 61.8% fibo at 1.2350. After completing the correction, GBPUSD may form a new descending structure to reach the support at 1.2015. The mid-term downside targets are inside the post-correctional extension area between 138.2% and 161.8% fibo at 1.2019 and 1.1788 respectively.



Read more - Fibonacci Retracements Analysis GBPUSD, EURJPY
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Forex Technical Analysis & Forecast 30.08.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD, “Euro vs US Dollar”

After reaching another target at 1.1055, EURUSD has returned to 1.1090; right now, it is forming another descending wave towards 1.1026. After that, the instrument may start a new correction to return to 1.1055 and then resume trading inside the downtrend with the target at 1.1016.



Read more - Forex Technical Analysis & Forecast EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Fibonacci Retracements Analysis 03.09.2019 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, after finishing the short-term pullback, EURUSD is forming a new descending impulse. It seems as if the previous low at 1.1027 couldn’t provide enough resistance to bears and now acts as the resistance for bulls. After breaking the previous low, the instrument continue falling towards the post-correctional extension area between 138.2% and 161.8% fibo at 1.0942 and 1.0889 respectively.



Read more - Fibonacci Retracements Analysis EURUSD, USDJPY
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Forex Technical Analysis & Forecast 05.09.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD, “Euro vs US Dollar”

After forming a continuation pattern around 1.0975 and breaking it to the upside, EURUSD has completed the ascending wave at 1.1030; right now, it is trading around this level. Possibly, the pair may consolidate close to these highs; there is Double Top pattern at 1.1037. According to the main scenario, the price is expected to fall and break 1.1021. The first target is at 1.1006.



Read more - Forex Technical Analysis & Forecast EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Ichimoku Cloud Analysis 09.09.2019 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6857; 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 0.6815 and then resume moving upwards to reach 0.7005. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6730. In this case, the pair may continue falling towards 0.6605.



Read more - Ichimoku Cloud Analysis AUDUSD, NZDUSD, USDCAD
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Fibonacci Retracements Analysis 11.09.2019 (GBPUSD, EURJPY)

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, after testing the post-correctional extension area between 138.2% and 161.8% fibo at 1.2019 and 1.1786 respectively, GBPUSD is trading upwards and has already reached 38.2% fibo at 1.2423. The next upside targets may be 50.0% and 61.8% fibo at 1.2567 and 1.2710 respectively. The key support is at 1.1958.



Read more - Fibonacci Retracements Analysis GBPUSD, EURJPY
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
10
1
Points
21
Forex Technical Analysis & Forecast 13.09.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD, “Euro vs US Dollar”

After finishing the descending wave at 1.0927 and almost forming Double Bottom pattern, EURUSD has completed the ascending impulse towards 1.1085; right now, it is consolidating around 1.1056. If later the price breaks this range to the upside, the instrument may resume trading upwards with the target at 1.1185; if to the downside – then start another decline to reach 1.1000.



Read more - Forex Technical Analysis & Forecast EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD
 

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