Forex Analytics

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

The EUR/USD pair has broken through the 1.1585 level and cleared the way for a further rise to reach 1.1689.

The USD/JPY pair still looks weaker by the beginning of this week due to not-so-clear market's stance on the US dollar.

The GBP/USD H4-chart points to possible continuation of the uptrend.

The EUR/USD pair is being traded within a tight range in expectation of political news.

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

The AUD/CHF pair has rebounded from the 8/8 resistance level (0.7568) on its H4-chart. Currently it is moving towards 5/8 level (0.7385).

The EUR/USD pair has completed a descending wave. At the moment the market is developing a rising structure.

Having come close to the highs, the pair has stopped and formed several reversal patterns: Hanging Man, Shooting Star and Doji.

The pair has formed several Harami and Shooting Star candlesticks on its H4-chart.

The GBP/USD pair is trading higher on Wednesday after data on British GDP was released.

On the H4-chart of AUD/USD pair the uptrend continues.

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

The H4-chart shows that the USD/CAD pair is trading within the buying area between -1/8 and -2/8 levels. If price breaks through -1/8 level (1.2573), this can trigger a possible rise towards 3/8 level (1.3061).

The AUD/USD pair is trading lower on Wednesday on the back of weaker statistics.