Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
The pair is testing the signal lines of the indicator upon bouncing off the support area. It is moving under the Ichimoku Cloud, indicating a downtrend. A test of the lower border of the Cloud is expected at 0.9985, followed by falling to 0.9735. An additional signal confirming the decline will be a bounce off the upper border of the bearish channel. The scenario can be cancelled by a breakaway of the upper border of the Cloud and securing above 1.0085, which will mean further growth to 1.0175. The decline can be confirmed by a breakaway of the lower border of the bullish channel and securing under 0.9890.
USDCAD, “US Dollar vs Canadian Dollar”
The pair is correcting inside the bullish channel, going above the Ichimoku Cloud, which means an uptrend. A test of the upper border of the Cloud at 1.3045 is expected, followed by growth to 1.3305. An additional signal confirming the decline will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the lower border of the Cloud and securing under 1.2970, which will indicate further falling to 1.2875. The growth can be confirmed by a breakaway of the upper border of the descending channel and securing above 1.3170.
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.
AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has secured under the support level, going under the Ichimoku Cloud, which means a downtrend. A test of the Kijun-Sen line at 0.6825 is expected, followed by a decline to 0.6635. An additional signal confirming the decline will be a bounce off the upper border of the descending channel. The scenario can be cancelled by a breakaway of the upper border of the Cloud and securing above 0.6945, which will entail further growth to 0.7035.
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.
- Negotiations between the US and Iran have failed. Oil prices are back above 90 dollars per barrel Apr 22, 2026
- USD/JPY Pulls Higher: Yen Doubts Bank of Japan Apr 22, 2026
- NZD and CAD strengthen amid rising inflationary pressure Apr 21, 2026
- Pound Declines Amid Geopolitics and Political Risks Apr 21, 2026
- EUR/USD Starts the Week Higher, but the Outlook Remains Unstable Apr 20, 2026
- The situation in the Strait of Hormuz remains uncertain Apr 20, 2026
- The CHF exchange rate has reached a 15‑year high – the SNB signaled readiness for active currency interventions Apr 17, 2026
- USD/JPY in Positive Territory: Yen Erases All Weekly Gains Apr 17, 2026
- A strong labor market supports the Australian dollar. China’s economy continues to show resilience Apr 16, 2026
- EUR/USD Rallies as Gains Extend to Nine Consecutive Sessions Apr 16, 2026
