April, 2019 | Forex robots store

USDJPY 111.80 Upcoming Resistance

The US dollar is attempting to correct higher against the Japanese yen currency after finding strong technical support from the 111.30 level. The USDJPY pair is attempting to correct higher, with the 111.80 level the strongest form of near-term resistance....

AdminApr 26, 2019

Technical analysis of Forex market

EUR/USD Could Trade Sideways

On Thursday, the EUR/USD exchange rate declined to the lower boundary of the medium-term descending channel at 1.1120. During Friday’s morning, the rate started trade up. It is expected, that some upside potential could prevail in the market. However, important...

AdminApr 26, 2019

Technical analysis of Forex market

GBP/USD Pressured By 55-Hour SMA

Yesterday, the GBP/USD currency pair reversed north from the lower boundary of the falling wedge pattern at 1.2880. During today’s morning, the pair tested the resistance of the 55-hour SMA at 1.2910. If the given simple average holds, it is...

AdminApr 26, 2019

Technical analysis of Forex market

USD/JPY Tested Weekly S3

During the previous trading session, the USD/JPY currency pair dropped to the weekly S3 at 111.38 and reversed north. On the one hand, the pair could trade sideways in the short term, as it is squeezed by the weekly S1...

AdminApr 26, 2019

Finance news

FX: Brazil needs to grasp the real problem

Instead, officials promised that the administration was listening to its (many) critics and described the landmark as something of a new start – which lasted about 24 hours until Bolsonaro wiped R$30 billion off the value of Petrobras with a...

AdminApr 26, 2019

Technical analysis of Forex market

XAU/USD Could Go Upwards

On Thursday, the XAU/USD exchange rate surpassed the 200-hour SMA and reached the psychological level at 1,282.00. From a theoretical point of view, it is likely, that the rate trades upwards, as it is supported by the ascending trend line...

AdminApr 26, 2019

Technical analysis of Forex market

EUR/JPY Likely To Aim For 50-Hour SMA

The common European currency depreciated about 97 base points against the Japanese Yen on Thursday. The decline was stopped by a support level formed by the weekly S3 at 124.26. As for the near future, it is likely that the...

AdminApr 26, 2019

Technical analysis of Forex market

AUD/USD Breaches 50-Hour SMA

The Australian Dollar has continued to trade in a descending channel pattern against the US Dollar. The currency pair tested the lower boundary of the channel at 0.6991 during yesterday’s trading session. Everything being equal, it is likely that the...

AdminApr 26, 2019

Technical analysis of Forex market

USD/CAD Could Edge Lower

The US Dollar has been trading with low volatility against the Canadian Dollar since yesterday’s trading session. The currency pair depreciated about 41 base points on Thursday. As for the near future, it is likely that the currency exchange rate...

AdminApr 26, 2019

Technical analysis of Forex market

NZD/USD Aims For 200-Hour SMA

The New Zealand Dollar bounced off the lower boundary of a descending channel pattern at 0.6580 on Thursday. The Kiwi has gained about 69 base points against the US Dollar since yesterday’s trading session. The currency pair breached has breached...

AdminApr 26, 2019

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Month: April 2019

USDJPY 111.80 Upcoming Resistance

EUR/USD Could Trade Sideways

GBP/USD Pressured By 55-Hour SMA

USD/JPY Tested Weekly S3

FX: Brazil needs to grasp the real problem

XAU/USD Could Go Upwards

EUR/JPY Likely To Aim For 50-Hour SMA

AUD/USD Breaches 50-Hour SMA

USD/CAD Could Edge Lower

NZD/USD Aims For 200-Hour SMA

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Month: April 2019

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