USDCAD, “US Dollar vs Canadian Dollar”
On H4, the pair has formed an Engulfing reversal pattern. The instrument is now going by the pattern in a descending wave. The goal of the decline might be 1.3300; then the price may break through the support level and continue the downtrend. However, the price may pull back to 1.3430 before falling.
AUDUSD, “Australian Dollar vs US Dollar”
On H4, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 0.7070. Upon testing the resistance level, the quotes might break through it and continue growing. However, the price may pull back to 0.6925 and continue the uptrend after the correction.
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.
USDCHF, “US Dollar vs Swiss Franc”
On H4, at the resistance level, the pair has formed a Hanging Man reversal pattern. The instrument is now going by the signal in a descending wave. The goal of the decline might be 0.9155. Upon testing the support level, the pair might break through it and continue developing the downtrend. However, the price may pull back to 0.9250 before declining.
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.
- Natural gas prices are rising amid increasing electricity consumption Jul 1, 2026
- USD/JPY at 40-Year High: Multiple Factors Weigh on the Yen Jul 1, 2026
- Gold Declines: Fed Policy and Geopolitics Weigh Jun 30, 2026
- Oil prices have once again risen above 70 dollars per barrel. The Australian dollar has updated a three‑month low Jun 30, 2026
- EUR/USD: The Advantage Remains with the Dollar Jun 29, 2026
- Escalation of the US–Iran conflict is once again supporting the rise in oil prices Jun 29, 2026
- Oil prices fall back to pre‑war levels. Silver drops to a 7‑month low Jun 25, 2026
- Gold Falls to an Eight-Month Low: This May Not Be the Bottom Jun 25, 2026
- Stock indices came under heavy selling pressure amid growing skepticism about AI investments Jun 24, 2026
- The Pound Is Pressured Not by Politics, but by a Strong US Dollar Jun 24, 2026
