Article By RoboForex.com
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is trading inside the “overbought area”. In this case, the price is expected to break 8/8 and then continue falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks the resistance at +1/8 to the upside. After that, the instrument may grow towards +2/8.
As we can see in the M15 chart, the downside line of the VoltyChannel indicator is pretty far away from the price, that’s why the pair may resume trading downwards only after rebounding from 8/8 in the H4 chart.
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.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is trading above the 200-day Moving Average to indicate an ascending tendency. In this case, the price is expected to test 7/8, break it, and then continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may reverse and fall towards the support at 4/8.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue its growth.
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 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
- COT Energy Charts: Weekly Speculator Bets led by Natural Gas Apr 26, 2026
