AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 5/8 (0.6378) is expected, followed by a rebound from this level and a decline to the support at 2/8 (0.6286). The scenario can be cancelled by rising above the 5/8 (0.6378) level. In this case, the pair could reach the resistance at 6/8 (0.6408).
On M15, after a rebound from 5/8 (0.6378), a further price decline could be additionally supported by a breakout of the lower boundary of the VoltyChannel.
Free Reports:
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.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
NZDUSD, “New Zealand Dollar vs US Dollar”
NZDUSD quotes are in the oversold area on H4. The RSI has broken the resistance line. In this situation, the quotes could rise above the 0/8 (0.5859) level, subsequently reaching the resistance level of 2/8 (0.5920). The scenario can be cancelled by a downward breakout of -1/8 (0.5828). In this case, the pair might drop to the support at -2/8 (0.5798).
On M15, the upper boundary of the VoltyChannel is broken. This increases the probability of a further price rise.
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.
- COT Metals Charts: Speculator Bets led by Silver, Gold & Platinum Mar 7, 2026
- COT Bonds Charts: Speculator Bets led by 10-Year Bonds & Fed Funds Mar 7, 2026
- COT Energy Charts: Speculator Bets led by Brent Oil & Heating Oil Mar 7, 2026
- COT Soft Commodities Charts: Speculator Bets led by Corn & Soybean Meal Mar 7, 2026
- Investors run to safe-haven assets amid Middle East escalation Mar 6, 2026
- EUR/USD Under Pressure: Middle East Risks Outweigh All Else Mar 6, 2026
- Bitcoin shows resilience to Middle East events. Oil market stabilizes Mar 5, 2026
- GBP/USD: Market Not Expecting BoE Rate Cut in March Mar 5, 2026
- Brent headed for $100? Mar 4, 2026
- Global stock indices continue sell-off due to Middle East conflict Mar 4, 2026
