EUR/USD, “Euro vs US Dollar”

EURUSD is trading at 1.1903; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1960 and then resume moving downwards to reach 1.1725. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.2185. In this case, the pair may continue growing towards 1.2275.

EURUSD

USD/JPY, “US Dollar vs Japanese Yen”

USDJPY is trading at 110.04; 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 109.75 and then resume moving upwards to reach 111.15. Another signal in favor of a further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 109.25. In this case, the pair may continue falling towards 108.35.

USDJPY

NZD/USD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6975; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7005 and then resume moving downwards to reach 0.6815. Another signal in favor of a further downtrend will be a rebound from the descending channel’s downside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 0.7205. In this case, the pair may continue growing towards 0.7305.

NZDUSD

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

The Federal Reserve lowered its rates by 50 bps - LIVE

The Federal Reserve lowered its rates by 50 bps - LIVE

The Federal Reserve reduced its Fed Fund Target Range (FFTR) by 50 bps to 4.75%-5.00% amidst a divided consensus at its gathering on Wednesday.

FOLLOW US LIVE
EUR/USD climbs to daily highs near 1.1180 following the Fed’s decision

EUR/USD climbs to daily highs near 1.1180 following the Fed’s decision

EUR/USD now picks up extra pace and revisits the 1.1180 region after the Federal Reserve decided to cut its interest rates by 50 bps at its event on Wednesday.

EUR/USD News
GBP/USD hits fresh tops near 1.3300 on weaker Dollar

GBP/USD hits fresh tops near 1.3300 on weaker Dollar

The Greenback is now accelerating its decline following the Fed’s decision to reduce its interest rates, sending GBP/USD to fresh tops in the 1.3290 zone.

GBP/USD News
Gold clinches a record high near $2,600 ahead of Powell

Gold clinches a record high near $2,600 ahead of Powell

Prices of Gold gather extra steam and hit an all-time top near the $2,600 mark per ounce troy as investors continue to assess the 50 bps rate cut by the Federal Reseve and warm up for the usual press conference by Chief Jerome Powell.

Gold News
Federal Reserve set for first interest-rate reduction in four years amid growing bets of jumbo cut

Federal Reserve set for first interest-rate reduction in four years amid growing bets of jumbo cut

The Federal Reserve is widely expected to lower the policy rate after the September meeting. The revised Summary of Economic Projections and Fed Chairman Powell’s remarks could provide important clues about the rate outlook.

Read more
Moneta Markets review 2024: All you need to know

Moneta Markets review 2024: All you need to know

VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

Read More

Majors

Cryptocurrencies

Signatures