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.
- Bitcoin drops below the psychological $70,000 level. The US stock indices hit new record highs Jun 3, 2026
- EUR/USD on Edge as Markets Await Key Employment Data Jun 3, 2026
- Oil prices surged again amid rumors of a freeze in diplomacy between the United States and Iran Jun 2, 2026
- GBP/USD in a State of Uncertainty: Risks Remain, but Market Reactions Are Muted Jun 2, 2026
- The US stock indices once again finished the trading session at new all‑time highs Jun 1, 2026
- USD/JPY Approaches 160.00: Is Another Intervention Coming? Jun 1, 2026
- COT Metals Charts: Weekly Speculator Changes led by Steel May 31, 2026
- COT Bonds Charts: Speculator Changes led by 2-Year & 10-Year Bonds May 31, 2026
- COT Energy Charts: Speculator Bets led by Gasoline & Bloomberg Index May 31, 2026
- COT Soft Commodities Charts: Speculator Changes led by Coffee May 31, 2026
