Forex Technical Analysis & Forecast by RoboForex

RF roboforex

RF roboforex

New member
Aug 6, 2019
27
1
Points
64
Forex Technical Analysis & Forecast 09.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD, “Euro vs US Dollar”

EURUSD has finished another descending wave at 1.0945; right now, it is consolidating above this level. Possibly, the pair may start another correction to the upside and reach 1.0967. Later, the market may form a new descending structure to break 1.0940 and then continue trading inside the downtrend with the target at 1.0920.



Read more - Forex Technical Analysis & Forecast 09.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)
 
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RF roboforex

RF roboforex

New member
Aug 6, 2019
27
1
Points
64
Japanese Candlesticks Analysis 10.10.2019 (GOLD, NZDUSD)

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the ascending tendency continues. After forming Shooting Star reversal pattern close to the resistance level, XAUUSD is moving sideways and testing the rising channel’s downside border. If the pair continues growing, it may return to 1531.00 to continue forming the ascending tendency. At the same time, we shouldn’t exclude an opposite scenario, which implies that the instrument may resume falling to reach 1485.00.



Read more - Japanese Candlesticks Analysis GOLD, NZDUSD
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
27
1
Points
64
Murrey Math Lines 11.10.2019 (EURUSD, GBPUSD)

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is still consolidating at 5/8. In this case, the price is expected to break this level and then continue growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 4/8 to the downside. After that, the instrument may continue falling towards the support at 2/8.



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S

Shon Maykel

New member
Oct 9, 2019
13
1
Points
33
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
Forex trading is an online base business. There are many online businesses now at the present time. But due to the flexibility of the market most of the people now want to do online Forex trading. One can trade at any time anywhere from beside home even. There are simple types of trading platforms such as – desktop, web based, MT4 and mobile trading platforms which are much popular trading platforms.
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
27
1
Points
64
Ichimoku Cloud Analysis 14.10.2019 (AUDUSD, NZDUSD, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6781; 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 0.6745 and then resume moving upwards to reach 0.6865. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6705. In this case, the pair may continue falling towards 0.6620.



Read more - Ichimoku Cloud Analysis 14.10.2019 (AUDUSD, NZDUSD, USDCAD)
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
27
1
Points
64
Forex Technical Analysis & Forecast 16.10.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

EURUSD, “Euro vs US Dollar”

EURUSD has completed the first descending wave along with the correction at 1.1042; right now, it is consolidating around 1.1030. Possibly, the pair may fall towards 1.1031 and then grow to return to 1.1030. If later the price fall and breaks this range to the downside, the market may resume trading downwards to break 1.0998. After that, the instrument may continue moving inside the downtrend with the predicted target at 1.0955.



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
27
1
Points
64
Japanese Candlesticks Analysis 17.10.2019 (EURUSD, USDJPY)

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, the ascending channel continues. By now, EURUSD has completed Harami reversal pattern close to the channel’s upside border. Later, after reversing, the price may form a new correction and then resume growing to reach 1.1111. However, one shouldn’t exclude a possibility that the price may continue falling towards 1.1010.



Read more - Japanese Candlesticks Analysis GOLD, NZDUSD
 
RF roboforex

RF roboforex

New member
Aug 6, 2019
27
1
Points
64
Murrey Math Lines 18.10.2019 (EURUSD, GBPUSD)

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD is trading inside the “overbought area”. In this case, the price is expected to break 8/8 and then continue falling towards the support at 5/8. However, this scenario may no longer be valid if the price breaks +2/8 to the upside. After that, the line at the chart will be redrawn, thus indicating new upside targets.



Read more - Murrey Math Lines EURUSD, GBPUSD
 

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