AUD/USD, "Australian Dollar vs US Dollar"
AUDUSD is trading at 0.6792; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud's upside border at 0.6780 and then resume moving upwards to reach 0.6905. Another signal to confirm further ascending movement is the price's rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud's downside border and fixes below 0.6730. In this case, the pair may continue falling towards 0.6625. After breaking Triangle's upside border and fixing above 0.6825, the price may continue moving upwards.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
NZD/USD, "New Zealand Dollar vs US Dollar"
NZDUSD is trading at 0.6426; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud's upside border at 0.6435 and then resume moving downwards to reach 0.6300. Another signal to confirm further descending movement is the price's rebounding from the resistance level. However, the scenario that implies further decline may be canceled if the price breaks the cloud's upside border and fixes above 0.6510. In this case, the pair may continue growing towards 0.6605.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
USD/CAD, "US Dollar vs Canadian Dollar"
USDCAD is trading at 1.3308; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud's upside border at 1.3270 and then resume moving upwards to reach 1.3525. Another signal to confirm further ascending movement is the price's rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud's downside border and fixes below 1.3225. In this case, the pair may continue falling towards 1.3135. After breaking the descending channel's upside border and fixing above 1.3355, the price may continue moving upwards.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
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.
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Bank of Japan set to keep rates on hold after July’s hike shocked markets
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