Blogs

BTC Selling SubsidesThe sell-off in Bitcoin appears to have lost momentum in recent days. Following a more than 20% decline from the YTD highs, BTC prices have stabilised since mid-week, failing to break lower ground. With much of the selling attributed to ETF outflows from those who bought in well before approval was granted, bulls […]

Daily Market Outlook, January 26, 2024Munnelly’s Market Minute…“China Stimulus Bid Fades”Asian markets have experienced broad declines following a recent period of gains. The negative sentiment follows disappointing projections from chipmaker Intel, despite a strong finish to trading on Wall Street. U.S. markets were lifted by a robust GDP report,

Red Sea Tensions Underpinning OilOil prices are softening a touch ahead of the US open on Friday. However, crude futures are still on course to end the week in the green and are currently trading above the December highs, keeping the focus on further upside near-term. Oil prices have seen fresh upside pressure recently linked […]

GDP Beats ForecastsThe US Dollar is pushing higher on Friday following yet a further set of positive data yesterday. Advance Q4 GDP was seen at 3.3% vs 2% expected. While down from the prior quarter’s 4.9%, the reading was far stronger than expected and shows the US economy is holding up a lot better than […]

TitlePullback Resistance at 61.8% FiboTypeBearish ReversalPreference:Price could rise towards the pivot point of 1.27362 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level and potentially reverse from here; we could see momentum carry price down to its 1st support at 1.26573 which is a swing-low support level.

TitleEURUSD H4 | Rising to resistanceTypeBullish BouncePreference:Currently, the price has bounced off the pivot point at 1.08307, a swing-low support. Price is on an uptrend and could rise to 1st resistance at 1.09298, an overlap resistance.Alternative scenario:It might reverse and breakout of pivot point, from there it could fall to 1st support a

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/TA_22-360×360.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_2-360×360.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_9-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="EUR/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading="laz

<div><img width="1024" height="746" src="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-1024×746.png" class="type:primaryImage wp-post-image" alt="my GBP/USD forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high"