Forex Analytics

The AUD/USD pair has been falling for the second consecutive day; the RBA’s comments made investors worry.

At the H4 chart of GBP USD, the price reached the support level at 1.2932 and stopped there after forming Inverted Hammer, Piercing Line, and Long-legged Doji reversal patterns.

The NZD/USD pair is trading at 0.7285; it broke the upside border of Ichimoku Cloud and right now moving inside the cloud, which means that it is moving sideways.

At the H4 chart, after being corrected by 50% and reaching 1.2578, the GBP/USD pair resumed moving upwards.

At the H4 chart, the USD/CHF pair is still trading to the downside with the target at the 0/8 level at 0.9521.

As we can see at the H4 chart, the USD/CAD pair is trading to reach the retracement of 261.8%, which the biggest possible extension.

The NZD/USD pair is trading at 0.7288; it is moving inside the cloud, which means that it is moving sideways.

The EUR/USD pair is consolidating around 1.1355.

At the H4 chart of AUD USD, the price broke the support level and reached its targets.

At the H4 chart, the EUR/GBP pair may yet move upwards to reach the resistance at the 8/8 level at 1.1474.

On Wednesday, the main currency pair is still under bears’ pressure; investors are waiting for the Fed meeting minutes.

The GBP/USD pair has been falling for several trading sessions in a row as the Pound receives no support from the statistics.

The EUR/USD pair has broken the consolidation range to the downside and completed the correction.

The AUD/USD par has been trading to the downside for the sixth consecutive trading session; it is testing July’s lows.

At the H4 chart of EUR JPY, the price formed Hanging Man, Morning Star, and Harami patterns, which indicate the reverse of the current tendency.