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Technical outlook and review

DXY: The DXY chart currently exhibits a bullish momentum, indicating a prevalent upward trend in the market. This bullish momentum is supported by the...

August 24, 2023, 4:18 am

Aud/jpy price analysis: plunges below the ichimoku cloud, up next 93.00

AUD/JPY drops in early trading in the Asian session, following Thursday’s 0.66% fall, spurred by risk-aversion amid a deep property crisis in China ...

August 17, 2023, 10:44 pm

Gbp/usd outlook: sterling rises after inflation data and generates initial reversal signal

Fresh strength generates fresh signals of possible reversal after the bear-leg from 1.3141 (2023 high, posted on July 14) was contained by rising dail...

August 16, 2023, 10:14 am

S&p 500 below 50-day ma, vix up 11% as market caution persists: s&p 500, nzd/usd, gbp/usd

For now, the NZD/USD continues to trade on a near-term downward bias, with a falling channel pattern firmly in place. On the weekly chart, its...

August 16, 2023, 2:14 am

Gold on track to test ascending 200-day sma

Gold had been experiencing a pullback following its recent peak at 1,987, with the price slicing through both its 50-day simple moving average (SMA) a...

August 14, 2023, 11:39 am

Usd/jpy softens as yen hedges surge ahead of boj 

Rate cut odds for the December FOMC meeting now stands at 15.1% vs 16% yesterday Protection against yen strength rises to a four-month high Bearish to...

July 26, 2023, 2:03 pm

Japanese yen steady after cpi; usd/jpy, aud/jpy, cad/jpy, mxn/jpy price action

On technical charts, USD/JPY is approaching a strong converged cap, including the 200-period moving average, the 89-period, and the upper edge of the<...

July 21, 2023, 6:44 am

Usd/jpy price analysis: teeters around 138.00, cushioned by solid support as bulls target 139.00

USD/JPY seesaws around the top/bottom of the 138.00 figure as the ichimoku Cloud (Kumo) cushions the US...

July 18, 2023, 7:59 pm

Ichimoku cloud analysis: eur/usd, xau/usd, brent

EUR/USD is testing the upper border of the descending channel. The instrument is going below the ichimoku...

July 4, 2023, 8:44 am

Eurusd pulls back but 50-day sma curbs decline

EURUSD has experienced a downside correction after its latest advance got rejected at the 1.1011 territory on June 22. Even though the pair temporaril...

July 3, 2023, 8:55 am

Nzdusd spikes lower to extend its pullback

NZDUSD had been steadily regaining ground after finding its feet at the 2023 low of 0.5984 in early June. However, the latest rebound faltered after c...

June 28, 2023, 8:53 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart exhibits a bearish momentum as indicated by two factors. Firstly, the price is currently positioned below the bea...

June 23, 2023, 5:13 am

Gbp/usd outlook: cable is standing at the back foot ahead boe rate decision

Cable remains in red for the third straight day after larger bulls faced increased headwinds on approach to strong barriers at 1.2877/93 (200WMA / bas...

June 21, 2023, 5:14 pm

Eurusd slices through 50-day sma but advance pauses

EURUSD had been experiencing a downside correction after peaking at the 13-month high of 1.1094. However, the pair has been regaining ground since it ...

June 19, 2023, 8:39 am

Dollar index: profit-taking to out bears on hold

The dollar index is on track for the third consecutive week in red and for the biggest weekly loss since the second week of November. Sharp bearish ac...

June 16, 2023, 1:36 pm

Technical outlook and review

DXY: The DXY chart indicates a bearish momentum as the price is below the bearish ichimoku cloud. There...

June 16, 2023, 7:07 am

Technical outlook and review

DXY: The DXY (US Dollar Index) chart currently shows a bearish momentum, indicating a downward trend in price. Several factors contribute to this mome...

June 15, 2023, 5:13 am

Ichimoku cloud analysis 13.06.2023 (gbpusd, audusd, brent)

By RoboForex.com GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the signal lines of the indicator. The instrument is going above...

June 13, 2023, 1:55 pm

Ichimoku cloud analysis 08.06.2023 (gbpusd, usdchf, xauusd)

By RoboForex.com GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the signal lines of the indicator. The instrument is going above the...

June 8, 2023, 1:35 pm

Gbpusd battles with crucial technical level

GBPUSD had been in a downside correction after peaking at the one-year high of 1.2678 on May 10. However, the pair retraced back higher when it found ...

June 6, 2023, 8:28 am


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