On January 2nd, the market initiated the depicted uptrend line around 1.2380. This uptrend managed to initiate two successive bullish wave...
Tuesday, April 16, 2019
April 16, 2019 : EUR/USD demonstrating significant bearish rejection around 1.1320.
RobotFX
April 16, 2019
Hello On January 10th, the market initiated the depicted bearish channel around 1.1570. Since then, the EURUSD pair has been moving within...
Elliott wave analysis of GBP/JPY for April 16, 2019
RobotFX
April 16, 2019
After a nice run higher from 144.90 GBP/JPY is consolidating. We expect support near 145.95 will be able to protect the downside for renewe...
Elliott wave analysis of EUR/JPY for April 16, 2019
RobotFX
April 16, 2019
After a nice run up from 124.76 EUR/JPY is consolidating in a narrow range between 126.15 - 126.80. Once this consolidation is complete, we...
Fundamental Analysis of USD/JPY for April 16, 2019
RobotFX
April 16, 2019
USD/JPY has been trading amid higher volatility making correctional moves. The pair is trading at near 112.00 area which prospects for a fur...
EUR/USD: focus on the euro area locomotive – Germany
RobotFX
April 16, 2019
The EUR/USD pair is still trading in a narrow price range in anticipation of the release of statistics for the eurozone, which may indicate...
EURUSD: Euro buyers are preparing a new upward trend but it's not that simple
RobotFX
April 16, 2019
The European currency managed to recover its positions after another attempt by sellers to resume the downward trend in the trading instrume...
Major currencies are stuck in a narrow range in anticipation of important data
RobotFX
April 16, 2019
Until important European and Chinese data is published, major currencies will continue to stagnate, trading in narrow ranges. The expected ...
EUR/USD The direction of the intersessional trend of the euro fits into the bear wave algorithm of March 20. This section forms the correct...
The intermediate resistance level of 1.1320 turned out to be too tough for the bulls of the EUR/USD pair, at least, the buyers could not ove...