AUD/USD

The AUD/USD is being traded at 0.7804 level. The pair keeps trading above the Ichimoku Cloud and this suggests an ascending trend and further rise. There is a strong possibility that the area of strong signal lines of the Ichimoku indicator can be tested around the 0.7755 level, and after that the price can rise further towards 0.7880. If the lower edge of Ichimoku Cloud is broken through and price closes under 0.7640, this will interrupt the uptrend. The pair can then move lower towards 0.7575 area.

AUDUSD

 

NZD/USD

The NZD/USD pair is being traded at 0.7325 level. The pair keeps trading above the Ichimoku Cloud and this suggests an ascending trend and further rise. A test of the edge of Ichimoku Cloud around 0.7295 can be expected, and after that the price can continue rising towards 0.7400. If the lower edge of Ichimoku Cloud is broken through and price closes under 0.7260, this will interrupt the uptrend. The pair can then move lower towards 0.7165 area.

NZDUSD

 

USD/CAD

The USD/CAD is being traded at 1.2666 level. The pair keeps moving under the Ichimoku Cloud. Such behavior suggests a downtrend and further downside move on this market. A test of the Ichimoku's area of signal lines at 1.2765 can be expected. If this occurs, the pair can move lower towards 1.2530. If the upper edge of Ichimoku Cloud is broken through and price closes above 1.2850, this will interrupt the uptrend. The pair can then move higher towards 1.3040 level.

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.

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