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:
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
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.
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.
- WTI oil prices exceeded 107 dollars per barrel. Inflation expectations continue to rise. Apr 30, 2026
- RoboForex Expands CFD Offering with Cryptocurrency Instruments Apr 29, 2026
- WTI oil prices have consolidated at 100 dollars per barrel. Australia is experiencing a sharp inflation spike Apr 29, 2026
- EUR/USD Holds Steady Ahead of Fed Meeting, Focus on Middle East Outlook Apr 29, 2026
- European stock markets continue a prolonged decline. Oil prices continue to rise slowly Apr 28, 2026
- Yen Gains Support Following Bank of Japan Decision Apr 28, 2026
- Brent and WTI remain at extremely high levels, fueling global inflation Apr 27, 2026
- Gold Declines Amid Geopolitics, with Optimism Limited Apr 27, 2026
- COT Metals Charts: Copper leads Metals Speculator Bets Higher Apr 26, 2026
- COT Bonds Charts: Speculator Bets led by 5-Year Bonds & Ultra 10-Year Bonds Apr 26, 2026
