AUD/USD, "Australian Dollar vs US Dollar"

AUDUSD is trading at 0.6783; 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 0.6765 and then resume moving upwards to reach 0.6875. 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 bolw0.6725. In this case, the pair may continue falling towards 0.6655. Still, the pair may yet form Head & Shoulders reversal pattern, that's why after breaking 0.6720 the price may start this pattern with the predicted target at 0.6615.

AUDUSD

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 0.6288; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6295 and then resume moving downwards to reach 0.6195. Another signal to confirm further descending movement is the price's rebounding from the s rising channel's downside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud's upside border and fixes above 0.6345. In this case, the pair may continue growing towards 0.6435. After breaking the cloud's downside border and fixing below 0.6255, the price may resume moving downwards.

NZDUSD

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 1.3208; 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 1.3230 and then resume moving downwards to reach 1.3105. Another signal to confirm further descending movement is the price's rebounding from the descending channel's upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud's upside border and fixes above 1.3275. In this case, the pair may continue growing towards 1.3365. After breaking Triangle's downside border and fixing below 1.3160, the price may continue moving downwards.

USDCAD

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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