Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is trading at 1.1804; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1840 and then resume moving downwards to reach 1.1695. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.1875. In this case, the pair may continue growing towards 1.1965. To confirm further decline, the asset must break the support level and fix below 1.1765 – as we can see, after a couple of tests of this area, bears still failed to break it.
GBPJPY, “Great Britain Pound vs Japanese Yen”
GBPJPY is trading at 152.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 152.25 and then resume moving downwards to reach 150.75. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 153.05. In this case, the pair may continue growing towards 154.05. To confirm further decline, the asset must break the support level and fix below 151.45, thus completing a Head & Shoulders pattern.
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.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD is trading at 0.7430; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.7455 and then resume moving downwards to reach 0.7275. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 0.7525. In this case, the pair may continue growing towards 0.7605.
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
