USD/JPY, "US Dollar vs. Japanese Yen"

In the H4 chart, USDJPY is moving above 5/8. In this case, the price is expected to continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 6/8. After that, the instrument may start a new decline towards the support at 5/8.

USDJPY

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

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading upwards.

USDJPY

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

 

USD/CAD, "US Dollar vs Canadian Dollar"

As we can see in the H4 chart, USDCAD is no longer moving inside the "oversold area". In this case, the pair is expected to grow to reach the resistance at 3/8. However, this scenario may no longer be valid if the price breaks 1/8. After that, the instrument may continue falling towards the support at 0/8.

USDCAD

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

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, grow towards 3/8 from the H4 chart.

USDCAD

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

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.

Analysis feed

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!


Latest Forex Analysis

Editors’ Picks

EUR/USD pressured around 1.13 after jump in US jobs

EUR/USD is trading around 1.13, down after US Non-Farm Payrolls shocked with a leap of 2.5 million jobs in May, contrary to all projections. The greenback is gaining while stocks are falling, a correlation breakdown. ECB stimulus previously supported the euro.

EUR/USD News

GBP/USD retreats from highs

GBP/USD is trading below 1.27, off the highs. The pound is struggling after Chief EU Negotiator Barnier reported little progress in Brexit talks. Robust US jobs support the dollar.

GBP/USD News

Gold: Dives to fresh 1-month tops on stellar NFP report

Gold witnessed some aggressive selling in reaction to upbeat NFP report. Surging US bond yields, stronger USD contributed to the bearish pressure. A break below 50-day SMA might have paved the way for a further slide.

Gold News

Institutional demand exceeds Bitcoins supply

Greyscale floods the market with fresh money to satisfy the demand of its clients. Investors, willing to pay a 29% surcharge for exposure to Bitcoin without suffering the legal and operational inconveniences. Market remains at risk on the verge of new bullish territory.

Read more

WTI refreshes multi-month tops above $38, OPEC+ to meet Saturday

WTI (July futures on Nymex) hit a new three-month high at 38.27 in the last hour, now consolidating the latest uptick just above 38.00, up nearly 2% on the day.

Oil News

Forex Majors

Cryptocurrencies

Signatures