Article By RoboForex.com
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is consolidating between 3/8 and 5/8. In this case, the pair is expected to test 5/8, rebound from it, and then resume falling to reach the support at 3/8. However, this scenario may be canceled if the price breaks 5/8 to the upside. After that, the instrument may continue growing towards the resistance at 6/8.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is also consolidating. In this case, the pair is expected to break 4/8 and then continue trading downwards to reach the support at 3/8. However, this scenario may no longer be valid if the price breaks 5/8 to the upside. After that, the instrument may continue growing towards the resistance at 6/8.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 3/8 from the H4 chart.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- China has shifted to using its own strategic oil reserves Jun 9, 2026
- GBP/USD Remains Under Pressure Despite Attempts to Recover Jun 9, 2026
- SpaceX IPO: Set for $75 billion liftoff Jun 8, 2026
- On Friday, the American stock market experienced one of the strongest crashes in recent times Jun 8, 2026
- EUR/USD at April Lows: What’s Next for the Pair? Jun 8, 2026
- The ceasefire between Israel and Lebanon has reduced the geopolitical premium Jun 5, 2026
- EUR/USD: All Eyes on Non-Farm Payrolls Jun 5, 2026
- The escalation of the conflict in the Middle East put pressure on US and European stock indices Jun 4, 2026
- Gold Remains Under Pressure, but a Rebound Is Still Possible Jun 4, 2026
- Bitcoin drops below the psychological $70,000 level. The US stock indices hit new record highs Jun 3, 2026
