AUD/USD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is moving below 3/8. In this case, the pair may test this level, rebound from it, and then resume falling towards the support at 1/8. However, this scenario may no longer be valid if the price breaks 3/8. After that, the instrument may continue growing towards the resistance at 5/8.

AUDUSD

 

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards to reach the resistance at 5/8 from the H4 chart.

AUDUSD

 

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

As we can see in the H4 chart, NZDUSD is also moving below 3/8. In this case, the pair is expected to continue falling to reach the support at 0/8. However, this scenario may be canceled if the price breaks 2/8. After that, the instrument may continue growing towards the resistance at 5/8.

NZDUSD

 

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, may resume moving upwards.

NZDUSD

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.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD holding onto gains amid trade wars, ahead of German IFO

EUR/USD is trading around 1.1150, consolidating its gains after the escalation in US-Sino trade wars sent US yields and the greenback lower. German IFO Business Climate is next.

EUR/USD News

GBP/USD consolidates amid Brexit uncertainty

GBP/USD is trading below 1.2300, consolidating its gains. The UK and the EU have been blaming each other for a potential no-deal Brexit. US-Sino tensions are in play as well.

GBP/USD News

USD/JPY drops back below 105.50 amid US-Japan trade news

USD/JPY filled in the bearish opening gap and jumped to 105.78 highs amid upbeat comments from Chinese VIce-Premier Liu on trade before reversing sharply below the 105.50 level following reports on US-Japan trade progress. 

USD/JPY News

Forex Today: Trade wars paint markets in red, Brexit looks worse, and central banks are limited

Here is what you need to know on Monday, August 26th: The US-Sino trade war is painting global markets in the red. The US dollar is losing some ground to major currencies as yields plunge, while it gains against commodity currencies. Gold is rising and oil is falling.

Read more

Gold: Risk-off rally stalls after US, China aim to calm trade war fears

Having surged to the fresh high since April 2013, Gold declines to the intra-day low of $1,538.50, before taking rounds to $1541.60, by the press time of early Monday. China shows readiness to have a calm discussion with the US.

Gold News

Majors

Cryptocurrencies

Signatures