AUD/USD, "Australian Dollar vs US Dollar"

On H4, the quotations have bounced off the support line at 0/8. This means, the pair is likely to test 1/8, break through it, and grow to the resistance level of 2/8. The scenario can be canceled by a breakaway of 0/8 downwards, which will lead to further falling to -1/8.

AUDUSD

On M15, the upper border of Volty Channel is broken away, which makes further growth of the quotations more probable.

AUDUSD

NZD/USD, "New Zealand Dollar vs US Dollar"

On H4, the quotations are approaching 3/8. A breakaway here will signal the beginning of an uptrend and further growth to the resistance level of 4/8. The scenario can be canceled by a breakaway of 2/8 downwards. In this case, the downtrend will continue, and the quotations might drop to the support level of 1/8.

NZDUSD

On M15, the upper border of Volty Channel is broken, which confirms growth to 4/8 on H4.

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

EUR/USD climbs to 10-day highs above 1.0700

EUR/USD climbs to 10-day highs above 1.0700

EUR/USD gained traction and rose to its highest level in over a week above 1.0700 in the American session on Tuesday. The renewed US Dollar weakness following the disappointing PMI data helps the pair stretch higher.

EUR/USD News

GBP/USD extends recovery beyond 1.2400 on broad USD weakness

GBP/USD extends recovery beyond 1.2400 on broad USD weakness

GBP/USD gathered bullish momentum and extended its daily rebound toward 1.2450 in the second half of the day. The US Dollar came under heavy selling pressure after weaker-than-forecast PMI data and fueled the pair's rally. 

GBP/USD News

Gold rebounds to $2,320 as US yields turn south

Gold rebounds to $2,320 as US yields turn south

Gold reversed its direction and rose to the $2,320 area, erasing a large portion of its daily losses in the process. The benchmark 10-year US Treasury bond yield stays in the red below 4.6% following the weak US PMI data and supports XAU/USD.

Gold News

Here’s why Ondo price hit new ATH amid bearish market outlook Premium

Here’s why Ondo price hit new ATH amid bearish market outlook

Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.

Read more

Germany’s economic come back

Germany’s economic come back

Germany is the sick man of Europe no more. Thanks to its service sector, it now appears that it will exit recession, and the economic future could be bright. The PMI data for April surprised on the upside for Germany, led by the service sector.

Read more

Majors

Cryptocurrencies

Signatures