Gold price is showing reversal signs. As I explained in our last analysis, Gold price is most probably going to bounce towards the $1,300 le...
Tuesday, March 5, 2019
Forecast for EUR/USD on March 6, 2019
RobotFX
March 05, 2019
On Tuesday, the euro fell by 31 points, at the moment it reached the level of 1.1290 - the low on January 24, where it met moderate support....
Trend analysis (Fig. 1). On Wednesday, the price will move down. The first lower target is 1.3188 - 21 middle EMA (black thin line). Fig....
Forecast for GBP/USD on March 6, 2019
RobotFX
March 05, 2019
Yesterday, the British pound declined by 80 points. Having met with the support of the balance line of the daily timeframe and the signal le...
Fractal analysis of major currency pairs on March 6
RobotFX
March 05, 2019
Dear colleagues. For the currency pair Euro / Dollar, the downward movement is possible after the breakdown of 1.1290 and the level of 1.13...
Fundamental Analysis of USD/CAD for March 6, 2019
RobotFX
March 05, 2019
USD has been dominating CAD recently in an impulsive manner which is expected to continue further with increased volatility in the coming da...
GBP/USD technical analysis for 06/03/2019
RobotFX
March 05, 2019
Technical market overview: The GBP/USD pair has hit the technical support zone located between the levels of 1.3100 - 1.3108 in oversold ma...
EUR/USD technical analysis for 06/03/2019
RobotFX
March 05, 2019
Technical market overview: The EUR/USD pair is moving lower as it passed the 61% Fibonacci retracement at the level of 1.1305 and now the l...
Trend analysis (Fig. 1). On Wednesday, the price may continue to move down. The first lower target 1.1294 is the historical support level (...
Forecast for AUD/USD on March 6, 2019
RobotFX
March 05, 2019
Since the beginning of the week, the Australian dollar has not shown any noticeable activity, probably looking back at European currencies, ...
Bitcoin Elliott Wave analysis for 06/03/2019
RobotFX
March 05, 2019
Technical market overview: The BTC/USD pair has bounced from the level of $3,730 after a Hammer candlestick was made and the pair shoot up ...
Ethereum Elliott Wave analysis for 06/03/2019
RobotFX
March 05, 2019
Technical market overview: The ETH/USD pair has bounced from the level of 121.70 after a Hammer candlestick was made and rallied towards th...
Elliott wave analysis of GBP/JPY for March 6, 2019
RobotFX
March 05, 2019
Support is now seen at 146.58 with back-up support at 146.21. R3: 148.57 R2: 147.83 R1: 147.44 Pivot: 147.10 S1: 146.58 S2: 146.21 S...
Trading plan for US Dollar Index for March 06, 2019
RobotFX
March 05, 2019
Technical outlook: A 4H chart view has been presented here for the US Dollar Index to have a medium-term outlook into its wave structure. ...
Trading plan for US Dollar Index for March 06, 2019
RobotFX
March 05, 2019
Technical outlook: A 4H chart view has been presented here for the US Dollar Index to have a medium-term outlook into its wave structure. ...
Trading plan for EUR/USD for March 06, 2019
RobotFX
March 05, 2019
Technical outlook: A 4H chart view has been presented for EUR/USD today, to have a medium-term wave structure that could run up to several...
Elliott wave analysis of EUR/JPY for March 6, 2019
RobotFX
March 05, 2019
Only a break below key-support at 125.98 will invalidate our bullish outlook. R3: 126.92 R2: 126.75 R1: 126.55 Pivot: 126.35 S1. 126.1...
Intraday technical levels and trading recommendations for EUR/USD for March 5, 2019
RobotFX
March 05, 2019
On November 13, the EUR/USD pair demonstrated recent bullish recovery around 1.1220-1.1250 where the current bullish movement above the dep...
Intraday technical levels and trading recommendations for GBP/USD for March 5, 2019
RobotFX
March 05, 2019
On December 12, the previously-dominating bearish momentum came to an end when the GBP/USD pair visited the price levels of 1.2500 where th...
GBP/CHF approaching support, potential bounce!
RobotFX
March 05, 2019
The GBP/CHF pair is approaching our first support at 1.3125 (horizontal overlap support, 38.2% Fibonacci retracement) where a strong bounce ...
EUR/CHF approaching support, potential bounce!
RobotFX
March 05, 2019
The EUR/CHF pair is approaching our first support at 1.1306 (horizontal swing low support, 100%, Fibonacci extension, 50% Fibonacci retracem...
No economic data from the euro area will be released today, but the US will publish some economic data such as Beige Book, Crude Oil Invent...
In Asia, Japan will not release any economic data today, while the US will publish some economic data such as Beige Book, Crude Oil Invento...
The pound predicted at golden mountains
RobotFX
March 05, 2019
The world's biggest analysts see the prerequisites for a large rally of the British currency. According to their calculations, this yea...
AUD/USD. In the grip of contradictions: the aussie cannot choose the vector of its movement
RobotFX
March 05, 2019
The March meeting of the Reserve Bank of Australia was quiet and almost imperceptible. The regulator retained the parameters of monetary pol...
GBP/USD. The 5th of March. Results of the day. Six reasons for the pound sterling's decline
RobotFX
March 05, 2019
4-hour timeframe The amplitude of the last 5 days (high-low): 195p - 116p - 66p - 114p - 88p. Average amplitude for the last 5 days: 116p...
EUR/USD. The 5th of March. Results of the day. Strong ISM index sent the pair to a new downward rally
RobotFX
March 05, 2019
4-hour timeframe The amplitude of the last 5 days (high-low): 58p - 42p - 61p - 56p - 73p. Average amplitude for the last 5 days: 58p (52...
Oil took a breath
RobotFX
March 05, 2019
After a long winter rally, oil decided to take a breath, which resulted in the consolidation of Brent in the trading range of $ 64.3-67.8 pe...
EURUSD: Good performance in the eurozone inspires optimism in investors and traders
RobotFX
March 05, 2019
Today, a number of reports came out that testified, albeit indirectly, that the European economy could easily survive the recession than pre...
GBP / USD: plan for the American session on March 5. Pound ignored the good data on the service industry, and this is a bad
RobotFX
March 05, 2019
To open long positions on GBP / USD you need: Despite a good report on the service sector, buyers failed to get above the resistance of 1.3...
ECB meeting: the way of the euro is a foregone conclusion
RobotFX
March 05, 2019
In the conditions of a slowdown in the eurozone economy, the ECB at its meeting on March 7 may change the rhetoric and even tell about new ...
Gold is gaining strength again - experts
RobotFX
March 05, 2019
According to analysts, the recent decline in the value of the yellow metal indicates the beginning of its consolidation. The cost of 1 ounc...
Large TF: Over the past year and a half, the pair has steadily moved to the "north" of the chart. By the end of last year, the pr...
EURUSD: RBA leaves rates unchanged. There is a possibility of a small upward correction of the euro
RobotFX
March 05, 2019
The Australian dollar ignored decisions and statements of the Reserve Bank of Australia related to interest rates, and only slightly decreas...
Last Saturday, US President Donald Trump once again stated that the dollar is too strong and lashed out at the Federal Reserve Jerome Powell...