Forex Analytics

The AUD/USD pair is trading at 0.7722; it is moving above Ichimoku Cloud, which means that it may continue growing.

At the H4 chart of EUR JPY, several reversal patterns indicate that the price is completing the correction.

At the H4 chart, the AUD/JPY pair is expected to grow towards the resistance at the 8/8 level at 87.50.

As we can see at the H4 chart, the main uptrend slowed down a little bit.

The GBP/USD continues rising; the demand for the Pound is supported by the statistics and the USD weakness.

On Thursday, the main currency is trading below another high; in order to continue growing, it requires a strong driver.

The USD/JPY pair is retreating on Friday; investors are trying to benefit from the situation each time the USD is getting weaker.

At the H4 chart, the AUD/JPY pair broke the resistance at the 8/8 level at 87.50 and is still moving inside the “overbought zone”.

The NZD/USD pair is trading at 0.7325; it is still moving above Ichimoku Cloud, which means that it may continue growing.

At the H4 chart of USD JPY, the price formed several Shooting Star patterns during the correction.

The EUR/USD pair has finished the first descending wave.

As we can see at the H4 chart, the uptrend continues, but may complete soon.

The AUD/USD keeps trading above the Ichimoku Cloud and this suggests an ascending trend and further rise.

The US Dollar may decline lower against the Japanese Yen.

The EUR/USD pair has completed a correction move. For today we'd expect a consolidation range to be developed and the pair to move towards 1.1435.