AUDUSD, "Australian Dollar vs US Dollar"

The AUD/USD pair is trading at 0.7838; the instrument is still moving below Ichimoku Cloud, which means that it may continue falling. We should expect the price to test Tenkan-Sen and Kijun-Sen at 0.7865 and then continue moving downwards below 0.7750. However, this scenario may be cancelled if the price breaks the upside border of the cloud and fixes above 0.7925. In this case, the pair may continue growing towards 0.8045.

AUDUSD

 

NZD/USD, "New Zealand Dollar vs US Dollar"

The NZD/USD pair is trading at 0.7234; the instrument is still moving below Ichimoku Cloud, which means that it may continue falling. We should expect the price to test Tenkan-Sen and Kijun-Sen at 0.7280 and then continue moving downwards to reach 0.7160. However, the scenario that implies further decline may be cancelled if the price breaks the upside border of the cloud and fixes above 0.7365. In this case, the pair may continue growing towards 0.7470.

NZDUSD

 

USD/CAD, "US Dollar vs Canadian Dollar"

The USD/CAD pair is trading at 1.2751; the instrument is still moving above Ichimoku Cloud, which means that it may continue growing. We should expect the price to test Tenkan-Sen and Kijun-Sen at 1.2715 and then continue moving upwards to reach 1.2870. However, this scenario may be cancelled if the price breaks the downside border of the cloud and fixes below 1.2645. In this case, the pair may continue falling towards 1.2550.

USDCAD

Before you enter foreign exchange and stock markets, you have to remember that trading currencies and other investment products is trading in nature and always involves a considerable risk. As a result of various financial fluctuations, you may not only significantly increase your capital, but also lose it completely. Therefore, our clients have to assure RoboForex that they understand all the possible consequences of such risks, they know all the specifics, rules and regulations governing the use of investment products, including corporate events, resulting in the change of underlying assets. Client understands that there are special risks and features that affect prices, exchange rates and investment products.

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD stands firm above 0.6500 with markets bracing for Aussie PPI, US inflation

AUD/USD stands firm above 0.6500 with markets bracing for Aussie PPI, US inflation

The Aussie Dollar begins Friday’s Asian session on the right foot against the Greenback after posting gains of 0.33% on Thursday. The AUD/USD advance was sponsored by a United States report showing the economy is growing below estimates while inflation picked up. The pair traded at 0.6518.

AUD/USD News

EUR/USD mired near 1.0730 after choppy Thursday market session

EUR/USD mired near 1.0730 after choppy Thursday market session

EUR/USD whipsawed somewhat on Thursday, and the pair is heading into Friday's early session near 1.0730 after a back-and-forth session and complicated US data that vexed rate cut hopes.

EUR/USD News

Gold soars as US economic woes and inflation fears grip investors

Gold soars as US economic woes and inflation fears grip investors

Gold prices advanced modestly during Thursday’s North American session, gaining more than 0.5% following the release of crucial economic data from the United States. GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the US Fed could lower borrowing costs.

Gold News

Ethereum could remain inside key range as Consensys sues SEC over ETH security status

Ethereum could remain inside key range as Consensys sues SEC over ETH security status

Ethereum appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the US SEC and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May.

Read more

Bank of Japan expected to keep interest rates on hold after landmark hike

Bank of Japan expected to keep interest rates on hold after landmark hike

The Bank of Japan is set to leave its short-term rate target unchanged in the range between 0% and 0.1% on Friday, following the conclusion of its two-day monetary policy review meeting for April. The BoJ will announce its decision on Friday at around 3:00 GMT.

Read more

Majors

Cryptocurrencies

Signatures