GBPUSD, “Great Britain Pound vs US Dollar”
The quotes are pushing off the support level, going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud is expected at 1.1935, followed by growth to 1.2475. An additional signal confirming the growth 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 1.1565, which will indicate further falling to 1.1475.
USDJPY, “US Dollar vs Japanese Yen”
The pair is getting ready to break through the support level, going under the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line is expected at 139.40, followed by falling to 133.65. 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 142.55, which will entail further growth to 143.45.
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”
The pair is correctimg by a Triangle pattern, going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud is expected at 0.6635, followed by growth to 0.7015. An additional signal confirming the growth 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 0.6545, which will indicate further falling to 0.6455. The growth can be confirmed by a breakaway of the upper border of the Triangle pattern and securing above 0.6805.
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.
- Economic activity in China is slowing. Silver has fallen by more than 8% May 18, 2026
- USD/JPY Rises for Sixth Straight Day: Yen Back on the Cusp of Intervention May 18, 2026
- Optimism surrounding the US-China summit in Beijing supported the markets May 15, 2026
- Gold Falls on US Inflation Concerns as Week Ends in Losses May 15, 2026
- The oil market may remain in a state of severe supply shortage until autumn May 14, 2026
- GBP/USD Under Policy Pressure: What Lies Ahead for the Prime Minister? May 14, 2026
- European stock markets declined amid rising concerns about an energy crisis May 13, 2026
- USD/JPY Continues to Climb Amid External and Domestic Pressures May 13, 2026
- You can change your emotions – but it’s a 2‑step process that takes some effort May 12, 2026
- The United States rejected Iran’s proposal for resolving the conflict. Oil prices surged again May 12, 2026
