Article By RoboForex.com
GBPUSD, “Great Britain Pound vs US Dollar”
The currency pair is trading at 1.3367 under the Ichimoku Cloud, suggesting a downtrend. A test of the signal lines of the indicator at 1.3455 is expected, followed by falling to 1.3145. An additional signal confirming the decline might become a bounce off the upper border of the descending channel. The scenario can be canceled by a breakaway of the upper border of the Cloud and securing above 1.3635, which will mean further growth to 1.3725.
USDJPY, “US Dollar vs Japanese Yen”
The currency pair is trading at 114.22 above the Ichimoku Cloud, suggesting an uptrend. A test of the upper border of the Cloud at 113.80 is expected, followed by growth to 115.50. An additional signal confirming the growth might become a bounce off the upper border of the descending channel. The scenario can be canceled by a breakaway of the lower border of the Cloud and securing under 113.05, which will mean further falling to 112.15. The growth can be confirmed by a breakaway of the resistance area and securing above 114.50: this level has been tested several times, yet buyers failed to break through it.
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.
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
USDCAD, “US Dollar vs Canadian Dollar”
The currency pair is trading at 1.2583 above the Ichimoku Cloud, suggesting an uptrend. A test of the signal lines of the indicator at 1.2525 is expected, followed by growth to 1.2740. An additional signal confirming the growth might become a bounce off the upper border of the ascending channel. The scenario can be canceled by a breakaway of the lower border of the Cloud and securing under 1.2345, which will mean further falling to 1.2255.
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.
- The Middle East conflict is already driving inflation higher across the world Apr 24, 2026
- Gold Falls Nearly 3.0% Over the Week Amid Geopolitical Pressure Apr 24, 2026
- The diplomatic deadlock between the US and Iran is undermining investors’ appetite for risk Apr 23, 2026
- EUR/USD Falls for Third Day as Geopolitics and Strong Dollar Dictate Terms Apr 23, 2026
- 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
