Article By RoboForex.com
USDCAD, “US Dollar vs Canadian Dollar”
On H4, the pair has formed an Inverted Hammer reversal pattern at the support level. If currently the quotations go by the signal, they might end at the resistance level. The aim of the pullback is 1.2690. Then the quotations might go on with the ascending impulse. However, the price might still skip the reversal signal and go down to 1.2510.
AUDUSD, “Australian Dollar vs US Dollar”
On H4, the quotations are preparing to develop an uptrend. At the resistance level, the pair has formed several reversal patterns, including a Hanging Man. The aim for going by the reversal signal is currently the support level near 0.7815. However, the quotations can still grow to 0.7985, neglecting the reversal signals.
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.
USDCHF, “US Dollar vs Swiss Franc”
On H4, the quotations keep developing the uptrend. At the resistance level, the pair has formed a reversal pattern Shooting Star. The quotations keep going by the reversal signal. The aim of the decline is the support level at 0.8915. However, the price can still proceed upwards to 0.9045, ignoring the signals for a reversal.
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.
- GBP/USD Starts the Week on a Strong Footing Aug 10, 2026
- The US stock indices finished the session with solid gains following the release of weak labor‑market data Aug 10, 2026
- COT Metals Charts: Speculator Bets led by Gold, Copper & Platinum Aug 9, 2026
- COT Bonds Charts: Speculator Bets led by 2-Year Bonds & US Treasury Bonds Aug 9, 2026
- COT Energy Charts: Speculator Bets led by Heating Oil & Bloomberg Index Aug 9, 2026
- COT Soft Commodities Charts: Speculator Bets led by Sugar & Cotton Aug 9, 2026
- The Central Bank of Mexico kept its interest rate unchanged. Iran plans to introduce strict bans for US and Israeli vessels in the Strait of Hormuz Aug 7, 2026
- USD/JPY Holds Firm: Yen Loses Some Support Aug 7, 2026
- Australian trade balance returned to positive territory Aug 6, 2026
- Results in Line for Most Reporting Companies Aug 5, 2026
