Article By RoboForex.com
EURJPY, “Euro vs Japanese Yen”
EURJPY is trading at 123.85; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 123.45 and then resume moving upwards to reach 125.65. Another signal in favor of further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 122.95. In this case, the pair may continue falling towards 121.95. To confirm further growth, the asset must break the upside border of a Flag pattern and fix above 124.55.
NZDUSD, “New Zealand Dollar vs US Dollar”
NZDUSD is trading at 0.6871; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6820 and then resume moving upwards to reach 0.7025. Another signal in favor of further uptrend will be a rebound from the downside border of the Triangle pattern. However, the bullish scenario may be canceled if the price breaks the cloud’s downside border and fixes below 0.6705. In this case, the pair may continue falling towards 0.6615. To confirm further growth, the asset must break the pattern’s upside border and fix above 0.6920.
Free Reports:
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks 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.
BTCUSD, “Bitcoin vs US Dollar”
BTCUSD is trading at 16212.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 15965.00 and then resume moving upwards to reach 17345.00. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 14550.00. In this case, the pair may continue falling towards 13605.00.
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.
- RoboForex Brings Full-Scale Trading to Telegram Jul 7, 2026
- Your Bourse Integrates TradingView Charts and Trading Platform Library with Trade Server Jul 7, 2026
- Yen Still Under Pressure: Markets Await Action from Authorities Jul 7, 2026
- Germany’s DAX Index has updated its all‑time high. OPEC+ countries have agreed to increase production Jul 7, 2026
- Oil prices have stabilized. The Canadian dollar continues to trade near yearly lows. Jul 6, 2026
- EUR/USD in a Narrow Range: Focus on Fed Minutes Jul 6, 2026
- Oil prices have fallen to pre‑war levels. AI companies continue to sell off Jul 3, 2026
- Gold Rises Sharply as Markets Reassess Fed Rate Outlook Jul 3, 2026
- The Eurozone has shown a significant slowdown in inflation. Australia has recorded its largest trade deficit since 2015 Jul 2, 2026
- Natural gas prices are rising amid increasing electricity consumption Jul 1, 2026
