Article By RoboForex.com
USDCAD, “US Dollar vs Canadian Dollar”
On H4, the pair escaped the borders of the descending channel and formed a Shooting Star near the resistance level. The quotations now keep working off the signal of the reversal pattern. Next, they will most probably perform a pullback and go on declining to the support level. The aim of the downtrend is 1.3000. However, the price may still return to 1.3240.
AUDUSD, “Australian Dollar vs US Dollar”
On H4, the currency pair keeps developing an uptrend. Near the support level, it formed a Hammer and started working off the pattern. We may suppose that next, after the correction, the pair will resume growth with the aim at the resistance level of 0.7345. However, the price may still return to the lower border of the channel. The decline will be aiming at 0.7190.
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.
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
USDCHF, “US Dollar vs Swiss Franc”
On H4, the pair keeps developing a downtrend. Currently, the price has formed several reversal patterns, including a Shooting Star, near the resistance level. In the working-off, it aims at 0.9035. However, the quotations may still pullback to 0.9190 before further development of the downtrend.
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.
- The Tech‑heavy NASDAQ Index jumped by more than 3.3%. The offshore yuan is trading at its highest level since 2023 Jul 31, 2026
- USD/JPY After Volatility: Multiple Events in One Day Jul 31, 2026
- The US indices sell off amid renewed US-Iran clashes. Oil jumps by 7% Jul 30, 2026
- USD/JPY Temporary in Equilibrium: Multiple Factors in Focus Jul 30, 2026
- GBP/USD at Month’s Lows: The Outlook Remains Weak Jul 29, 2026
- Crude oil falls below $80 per barrel. Australia sees inflation slowdown Jul 29, 2026
- The US Tech sector hit by sell‑off. Oil prices decline on renewed negotiations Jul 28, 2026
- Gold Declines, Focus on Fed and Falling Oil Prices Jul 28, 2026
- This week will be one of the most crowded for central‑bank meetings Jul 27, 2026
- EUR/USD Ahead of a Key Week: Holding Near Lows Jul 27, 2026
