Blogs

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TitleNZDUSD H4 |  Reacting off resistance level?TypeBearish DropPreference:Price is currently at our pivot point of 0.6115, which serves as an overlap resistance level. A reversal from this point could lead the price to drop to the 1st support at 0.6066, an overlap support level that aligns with the 161.8% Fibo extension levelAlternative scenario:H

Daily Market Outlook, December 11, 2023Munnelly’s Market Minute… Asia – Stocks in the Asia-Pacific region traded mixed as investors processed recent data releases, including strong US jobs data and worsening deflation in China. This week&#039;s upcoming risk events, such as US CPI data and central bank updates, added to the cautious mood.

TitleEURJPY H4 | Bearish reversal?TypeBearish DropPreference:Price is currently at our pivot point of 156.53 which serves as a pullback resistance level. A reversal from this point could lead the price to drop to the 1st support at 153.93, a swing-low support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to

TitleEURUSD H1 | Falling to support level?TypeBearish DropPreference:Price is currently at our pivot point of 1.0764, which serves as an overlap resistance level that aligns with the 50% Fibo retracement. A reversal from this point could lead the price to drop to the 1st support at 1.07254, a swing low support levelAlternative scenario:However, if

Apple stocks closely approached a very strong and important resistance level of 198.35. Once this asset faces resistance, it might drop and head south. Of course, the price of this asset might manage to break this resistance, head north, and hit a psychological level of 200 U.S. dollars per stock. So, let’s observe which scenario […]

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/TA_18-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Technical Analysis &amp; Forecast" style="margin-bottom: 15px;" decoding="async" loadi

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/USDJPY_8-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="USD/JPY analysis today" style="margin-bottom: 15px;" decoding="async" loading="laz

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/EURUSD_12-Copy-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="EUR/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading=&qu

<div><img width="400" height="267" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg" class="type:primaryImage wp-post-image" alt="my USD/CAD forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset=