RBFX Support Posted Friday at 10:21 AM Author Report Posted Friday at 10:21 AM EURUSD holds steady ahead of Nonfarm Payrolls The EURUSD pair is stabilising after its decline, remaining within a narrow range ahead of key US labour market data. The rate currently stands at 1.1522. Technical outlook The EURUSD rate is declining and has almost reached the lower boundary of the bullish channel. Today’s EURUSD forecast suggests a renewed upward movement, with a potential target at 1.1635. The EURUSD pair remains in a consolidation phase ahead of the Nonfarm Payrolls release. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team
RBFX Support Posted yesterday at 10:23 AM Author Report Posted yesterday at 10:23 AM Bitcoin (BTCUSD) stays positive as buyers focus on further gains Bitcoin (BTCUSD) rose to 65,126 USD, with risk assets supported by US economic data. Technical outlook On the H1 chart, BTCUSD maintains its upward momentum and is trading near 65,126. After recovering from the 64,650–64,800 zone, the price returned above the middle Bollinger Band and approached the indicator’s upper boundary. The Bitcoin price is moving higher as the market focuses on positive signals and ignores the delay to the Clarity Act. Read more - BTCUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team
RBFX Support Posted 1 hour ago Author Report Posted 1 hour ago Yen loses ground after intervention: USDJPY pushes towards 160 again The yen has lost almost all of the gains from the intervention and continues to weaken. The rate currently stands at 159.30. Technical outlook On the H4 chart, the USDJPY pair has formed a Hanging Man reversal pattern near the upper Bollinger Band and is trading around 159.30. Since the price has broken out of the ascending channel, it may form a corrective wave as the pattern signal plays out, with the first target for the pullback at 158.50. The yen continues to lose ground despite the Japanese government’s attempts to keep it afloat. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team
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