Forex Analytics

On the H4-chart the AUD/USD pair is trying to break the +1/8 level from top downwards. In case the price holds below this level, there can be a descending move towards 8/8 level (0.7812).

The AUD/USD pair keeps trading above the Ichimoku Cloud, and this suggests a rising tendency on the market and a further rise.

The Cadadian dollar keeps rising against its US peer.

The EUR/USD pair has achieved the target of the calculated descending wave. The last leg of the current downward move can hit a new low as part of its channel.

The USD/JPY pair has managed to rise after some sales as a result of the BoJ meeting.

The Russian currency is closing the 3rd trading week of July on higher positions, but August is going to be nervous and uncertain.

The AUD/USD pair is trading lower on Friday after an RBA official told his comments.

The H4-chart of GOLD shows that the upward movement continues. The nearest target is Fibo 50.0% (1251.21).

The GBP/USD pair is trading within the channel formed by 3/8 and 5/8 levels. A breakout of the 5/8 level (1.3000) can trigger an upward move towards 8/8 level (1.3183).

The AUD/USD pair keeps trading above the Ichimoku Cloud, and this suggests a rising tendency and further rise.

The NZDUSD pair has formed a Hummber, Engulfing, Inverted Hammer and Tweezers patterns on the H4-chart.

The EUR/USD pair has failed to maintain the descending wave. The market has broken through the consolidation range from bottom upwards.

The New Zealand dollar has formed an Engulfing pattern in addition to previously formed Hammer, Engulfing, Tweezers and Inverted Hammer patterns.

The EUR/USD pair has completed a rise towards the intermediate elongation Fibo level 261.8% (1.1685).

The H4 EUR/USD shows the price is moving close to the 8/8 resistance level (1.1718). A rebound from the 8/8 level and further downward move towards 3/8 level (1.1535) is expected.