AUD/USD

The instrument is trading at 0.6728 inside the Cloud, which suggests a flat. Testing of the upper border of the Cloud near 0.6790 is expected, followed by a decline to 0.6620. Yet another signal of decline may be a bounce off the resistane level. The scenario may no longer be valid in case the upper border of the Cloud is broken and trading closes above 0.6905, which may be followed by further growth above 0.6905. The decline may be confirmed by a brreakaway of the lower border of the Triangle and closing below 0.6720.

AUDUSD

 

NZD/USD

The instrument is trading at 0.6421 below the Ichimoku Cloud which suggests a descending trend. A test of the upper border of the Cloud near 0.6445 is expected, followed by a decline to 0.6305. Yet another signal of decline may be a bounce off the resistance level. The scenario may no longer be valid in case the upper border of the Cloud is broken and trading closes above 0.6510, which may be followed by further growth to 0.6605.

NZDUSD

 

USD/CAD

The instrument is trading at 1.3270 above the Ichimoku Cloud which suggests an ascending trend. Testing of the upper border of the Cloud near 1.3265 is expected, followed by growth to 1.3460. Yet another signal of growth may be a bounce off the support level. The scenario may no longer be valid in case the lower border of the Cloud is broken and trading closes below 1.3210, which may be followed by further decline to 1.3125. The growth may be confirmed by a breakaway of the upper border of the descending channel and closing above 1.3355.

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.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD hovers around the 34-months lows amid growth concerns

EUR/USD is trading below 1.0850, just above the lowest since April 2017. Concerns about eurozone growth are weighing on the common currency. Markets are watching coronavirus developments. 

EUR/USD News

GBP/USD shrugs off Brexit concerns and holds its ground

GBP/USD is trading around 1.3050, little-changed. The French foreign minister warned of acrimonious Brexit talks as the UK's chief negotiator is laying down a tough stance. 

GBP/USD News

Forex Today: Coronavirus fears persist, Japanese economy squeezes, cryptos climb down

China has announced it will stimulate the economy in the face of the coronavirus outbreak, including lower corporate taxes and increased spending. While most factories have returned to work, Beijing has tightened restrictions on movements in the Hubei province.

Read more

Gold slips below $1580 level amid improving risk sentiment

Gold retreats from two-week tops amid receding demand for traditional safe-haven assets. The precious metal failed to capitalize on its recent positive move to near two-week tops and edged lower during the early European session on Monday amid fading safe-haven demand.

Gold News

FXStreet launches Real-Time Trading Signals

FXStreet Signals offers access to explanatory live webinars, real-time notifications when signals are triggered and exclusive membership to the company’s Telegram group, where users get direct guidance by our analysts and get room to discuss and interact.

More info

Forex Majors

Cryptocurrencies

Signatures