Technical Analysis by RoboForex

[RoboForex]

Japanese Candlestick Analysis for USDCAD and AUDUSD: 18.09.2018
18.09.2018


USDCAD

On H4, the USDCAD has corrected to reach the support, where it continues forming reversal patterns, such as doji, engulfing patterns, and hammer. This looks like a pullback before the new wave of the ascending trend.

AUDUSD

On H4, the pair pulled back off the support and formed such reversal patters as hammer, inverted hammer, and the engulfing pattern. This may be yet another pullback before the new ascending trend.

 

[RoboForex]

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, 18.09.2018
18.09.2018
AUD/USD

The AUD/USD is trading at 0.7214, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the upper cloud boundary at 0.7185, and then a rise to 0.7310, which will be confirmed with the price bouncing off the upper boundary of the descending channel. This rise may be prevented in case price breaks out the lower boundary of the Ichimoku cloud and closes below 0.7145, which will be a signal for a further fall to 0.7005 and below. Once the price breaks out the resistance area and stays above 0.7255, this will conversely confirm the price is going to rise.

NZD/USD

The NZD/USD is trading at 0.6599, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.6585, and then a rise to 0.6675, which will be confirmed with the price bouncing off the upper boundary of the triangle pattern. This rise may be prevented in case price breaks out the lower boundary and closes above 0.6530, which will be a signal for a further fall to 0.6450 and below. Once the price breaks out the resistance area and stays above 0.6635, this will conversely confirm the price is going to rise.

USD/CAD

The USD/CAD is trading at 1.3023, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the signal lines at 1.3055, and then the fall is likely to continue to 1.2865, which will be confirmed with the price bouncing off the lower boundary of the ascending channel. This fall may be prevented in case price breaks out the upper boundary and closes above 1.3105, which will be a signal for a further rise to 1.3250 and above. Conversely, the fall will be confirmed with the support breakout and the price closing below 1.2965, which will start a descending flag pattern.

 

[RoboForex]

Tech Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT; 18.09.2018
18.09.2018
EURUSD

The EURUSD is consolidating and may bounce off 1.1700 today to go further down, to reach 1.1660 first, and then, after breaking it out, the first target at 1.1604.

GBPUSD

The GBP/USD is still trading higher and may reach 1.3185 today, and then fall till 1.3055. After that, the pair is likely to rise, reaching 1.3111, and then again fall till 1.2922, which is going to be the first target.

USDCHF

The USDCHF failed to stay above 0.9640. This level got broken out, and the correction may follow till 0.9608, which may be reached today. Conversely, in case the price breaks out the consolidation range and goes up, it may reach 0.9670, which is going to be the first target.

USDJPY

The USDJPY has been downtrending and correcting. Today, the pair may break out the lower range boundary to reach 111.11, but then is likely to correct to 111.65. After that, the downtrend may continue to 110.15.

AUDUSD

The Aussie has broken out 0.7187 and is going up, probably to reach 0.7234 (correctional wave 5), and then to fall till 0.7120, which is going to be the first target.

USDRUB

The USDRUB is still consolidating around 67.96; If the price goes down, it may reach 67.00; if it goes up, the correction towards 69.00 may follow, and then the pair is likely to head down again, reaching 65.40, which is going to be the first target.

GOLD

The yellow metal is trading lower, probably entering wave 5 with the target at 1,188.65. A rise to 1,200 is possible, and then the consolidation is likely to continue. If the price goes down, it may reach 1186.20.

BRENT

Crude oil is consolidating, too, but once the lower boundary gets broken out, the correction towards 75.50 may follow. If the price goes up, the rise to 80.50, the local target, is possible.

 

[RoboForex]

Fibo Analysis: GBP/USD and USD/JPY, 19.09.2018
19.09.2018
GBP/USD

On H4, the GBP/USD continues its uptrend. The pullback is over, the latest high is broken out, and the new rising impulse is already inside a post correctional extension of 138.2%-161.8%, or 1.3143-1.3203. The major midterm uptrend target, though, is 38.2% (1.3316), while the local support is at 1.3043.

On H1, GBP/USD is forming an uptrend and a divergence, which may signal that the market will start correcting after reaching its target. This target may be located at at 23.60% Fibo ($1.3104), 38.20% ($1.3043), or 50.00% ($1.2994).

EUR/JPY

On H4, the EUR/JPY correctional fall has come to an end, and now, after hitting the high, the price is heading into the post correctional extension between 138.2%-161.8% Fibo, or 132.00-132.73 yens. While the price is going up, a divergence is forming, with the major support still at 127.86.

On H1, the EUR/JPY is uptrending and diverging, too. After reaching its target, the price may pull back to 23.6% (131.58), 38.2% (130.87), or 50.0% (130.29).

 

[RoboForex]

Japanese Candlestick Analysis for EURUSD and USDJPY: 19.09.2018
19.09.2018
EURUSD

On H4, the pair is rising and has reach yet another resistance where it is forming reversal patterns, such as the engulfing pattern, dodji, and harami. These candlestick patterns signal a correction is going to happen before the uptrend continues.

USDJPY

On H4, the pair is rising and testing another resistance, at the same time forming reversal patterns, such as dodji, engulfing pattern, and falling star. By analyzing the previous moves, one can assume USDJPY may start forming a new uptrend after a pullback.

 

[RoboForex]

Tech Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT; 19.09.2018
19.09.2018
EURUSD

The EURUSD got inside the first downward impulse, and is now correcting. The pair may rise to 1.1686, and then go down to reach 1.1616, i.e. its local target.

GBPUSD

The GBPJPY is consolidating after going up. The pair may reach 1.3185, then fall till 1.3074, and finally rise, reaching 1.3111. Upon each of these levels, a new consolidation or reversal range may form. Meanwhile, in case the lower boundary gets broken out, the price may fall down to reach 1.2922.

USDCHF

The USDCHF went up and is now correcting. This may lead to a fall towards 0.9622, and then the uptrend is likely to continue, with a local target at 0.9696.

USDJPY

The pair is being pushed upwards and may reach 112.46, but then fall till 111.65, and finally rise, reaching 112.06. Upon each of these levels, a new consolidation or reversal range may form. Meanwhile, in case the lower boundary gets broken out, the price may continue its downtrend to reach 110.65.

AUDUSD

The AUD/USD was able to head upwards, but today it is likely to fall to 0.7130, although then it might rise to 0.7187. Upon these levels, a consolidation range with a reversal pattern may form. Conversely, once the lower boundary gets broken out, the price may head down towards 0.7085, i.e. a local target.

USDRUB

The pair is being pushed upwards, with the target at 67.00, although then it might rise to 67.96. After that, it may go back to 65.65 again, i.e. a local target.

GOLD

The first part of the downward wave is over, and the gold is now correcting, forming a consolidation triangle-like range. Today, gold is likely to fall to 1188.90, although then it might rise to 1200.80. After that, it may go back to 1178.78 again.

BRENT

Brent crude is trying to break out the upper consolidation range boundary. Today, the crude price may reach 80.50, then fall till 79.20, and then the trend might continue, with the price going to 82.00.

 

[RoboForex]

Murrey Level Analysis forUSD/JPY and USD/CAD: July 19.09.2018, 2018
19.09.2018
USD/JPY

On H4, USD/JPY is expected to test 8/8, after which a pullback and a fall to the support at 6/8 may occur.

H1 charts show the same Murrey levels as H4, thus confirming the likely 8/8 resistance bounce-off.

In case VoltyChannel bottom line is broken out on M15, the price will be more likely to go further down.

USD/CAD

On H4, we can expect USD/USD to test 0/8, which may then lead to a bounce and a rise to the resistance at 2/8.

H1 charts show the same Murrey levels as H4, and the likelihood of the price bouncing off the support at 0/8 is confirmed here.

 

[RoboForex]

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, 19.09.2018
19.09.2018
AUD/USD

The AUD/USD is trading at 0.7246, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the upper cloud boundary at 0.7125, and then a rise to 0.7310, which will be confirmed with the price bouncing off the lower boundary of the ascending channel. This rise may be prevented in case price breaks out the lower boundary of the Ichimoku cloud and closes below 0.7140, which will be a signal for a further fall to 0.7005 and below.

NZD/USD

The NZD/USD is trading at 0.6605, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.6590, and then a rise to 0.6675, which will be confirmed with the price bouncing off the upper boundary of the triangle pattern. This rise may be prevented in case price breaks out the lower boundary and closes above 0.6540, which will be a signal for a further fall to 0.6450 and below. Once the price breaks out the resistance area and stays above 0.6630, this will conversely confirm the price is going to rise.

USD/CAD

The USD/CAD is trading at 1.2956, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the signal lines at 1.3000, and then the fall is likely to continue to 1.2870, which will be confirmed with the price bouncing off the lower boundary of the descending channel. This fall may be prevented in case price breaks out the upper boundary and closes above 1.3105, which will be a signal for a further rise to 1.3250 and above. Conversely, the fall will be confirmed once the bottom boundary gets broken out and the price closes below 1.2925.

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[RoboForex]

Japanese Candlestick Analysis for GOLD and NZDUSD: 20.09.2018
20.09.2018
GOLD

On H4, the yellow metal is trading near the resistance and is forming reversal patters, such as harami, engulfing patters, and doji. By analyzing the previous moves, one can assume the gold may start forming a new uptrend after rangebound trading.

NZDUSD

On H4, the pair is rising, making some insignificant pullbacks and forming such reversal patterns as harami and the engulfing pattern. The price has reached the current resistance, and may make another pullback before continuing the ascending trend.

 

[RoboForex]

Fibo Analysis: AUD/USD and USD/CAD, 20.09.2018
20.09.2018
AUD/USD

On H4, the AUDUSD is forming an ascending trend after converging. The nearest uptrend targets are 23.6% (0.7333) and 38.2% (0.7487), with the low at 0.7085 being the current support.

On H1, the AUD/USD reached the post correctional extension at 138.2% to 161.8% Fibo, or 0.7262-0.7284. With a divergence forming, the price may pull back after hitting 0.7333.

USD/CAD

On H4, the USDCAD is making a new downmove; this may be a long term downtrend, with the targets at 50.0% (1.2815) and 61.8% (1.2680).

On H1, the USDCAD is downtrending to 50.0% (1.2815). Besides, convergence is forming, which may lead to a pullback after the downtrend target has been reached.

 

[RoboForex]

Fibo Analysis: AUD/USD and USD/CAD, 20.09.2018
20.09.2018
AUD/USD

On H4, the AUDUSD is forming an ascending trend after converging. The nearest uptrend targets are 23.6% (0.7333) and 38.2% (0.7487), with the low at 0.7085 being the current support.

On H1, the AUD/USD reached the post correctional extension at 138.2% to 161.8% Fibo, or 0.7262-0.7284. With a divergence forming, the price may pull back after hitting 0.7333.

USD/CAD

On H4, the USDCAD is making a new downmove; this may be a long term downtrend, with the targets at 50.0% (1.2815) and 61.8% (1.2680).

On H1, the USDCAD is downtrending to 50.0% (1.2815). Besides, convergence is forming, which may lead to a pullback after the downtrend target has been reached.

 

[RoboForex]

Tech Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT; 20.09.2018
20.09.2018
EURUSD

The EURUSD went down and then corrected. Today, it may go down again, to reach 1.1654. and then, once a breakout occurs, go further to 1.1616, which is going to be the first target.

GBPUSD

The GBPJPY is consolidating after around 1.3152 after going up. Today, it is likely to fall to 1.3100, and then, in case a breakout occurs, to go further to 1.2922, which looks like wave 5. The first target is at 1.3050.

USDCHF

The USD/CHF reached its local target while rising, and then corrected. Today, a consolidation range above 0.9666 may form. In case a breakout occurs, the price may correct to 0.9650. Conversely, if the price goes up, it may reach 0.9733 as wave 5.

USDJPY

The pair is being pushed down, and once a breakout occurs, the price may start going down to 110.70, which is going to be the first target of a downtrend.

AUDUSD

The Aussie is trading inside a consolidation range near the high; today, wave 5 (correction) may occur, taking the pair to 0.7129.

USDRUB

The pair is being pushed down, with the local target at 66.00. After that, it may go back to 68.00, and then go down to reach 65.65.

GOLD

The yellow metal is no longer consolidating, and might reach $1,208. However, a more likely scenario is going down and reaching $1,186.20.

BRENT

Brent crude is trading within a consolidation near $79.15. Today, the price is inside a rising pattern near the upper range boundary. If it continues rising, the price may go up towards $80.50; In case it breaks out the range and goes down, the price may correct to 78.00, but then again is likely to take $80.50.

 

[RoboForex]

Murrey Level Analysis for USD/CHF and GOLD: 20.09.2018
20.09.2018
USD/CHF

On H4, USD/CHF is trading below the consolidation range and may go down to the support at 1/8.

On H1, the price may bounce off 5/8, which, if this is the case, will push the pair lower to 2/8.

On M15, the VoltyChannel breakout may make the price go lower to reached 0.9582.

Gold

On H4, gold is trading above the consolidation range, and is likely to continue rising to reach the resistance at 8/8.

On H1, the price is inside the consolidation range, where the 5/8 breakout may push the price forward to the resistance at 8/8.

On M15, the upper VoltyChannel line has been broken out, which means an ascending trend is prevailing.

 

[RoboForex]

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, 20.09.2018
20.09.2018
AUD/USD

The AUD/USD is trading at 0.7256, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.7240, and then a rise to 0.7335, which may be confirmed with the price bouncing off the support area. This rise may be prevented in case price breaks out the lower boundary of the Ichimoku cloud and closes below 0.7150, which will be a signal for a further fall to 0.7065 and below.

NZD/USD

The NZD/USD is trading at 0.6645, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.6610, and then a rise to 0.6695, which will be confirmed with the price bouncing off the lower boundary of the channel. This rise may be prevented in case price breaks out the lower boundary and closes below 0.6545, which will be a signal for a further fall to 0.6450.

USD/CAD

The USD/CAD is trading at 1.2920, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the signal lines at 1.2985, and then the fall is likely to continue to 1.2845, which will be confirmed with the price bouncing off the lower boundary of the descending channel. This fall may be prevented in case price breaks out the upper boundary and closes above 1.3080, which will be a signal for a further rise to 1.3150 and above.

 

[RoboForex]

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, 20.09.2018
20.09.2018
AUD/USD

The AUD/USD is trading at 0.7256, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.7240, and then a rise to 0.7335, which may be confirmed with the price bouncing off the support area. This rise may be prevented in case price breaks out the lower boundary of the Ichimoku cloud and closes below 0.7150, which will be a signal for a further fall to 0.7065 and below.

NZD/USD

The NZD/USD is trading at 0.6645, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.6610, and then a rise to 0.6695, which will be confirmed with the price bouncing off the lower boundary of the channel. This rise may be prevented in case price breaks out the lower boundary and closes below 0.6545, which will be a signal for a further fall to 0.6450.

USD/CAD

The USD/CAD is trading at 1.2920, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the signal lines at 1.2985, and then the fall is likely to continue to 1.2845, which will be confirmed with the price bouncing off the lower boundary of the descending channel. This fall may be prevented in case price breaks out the upper boundary and closes above 1.3080, which will be a signal for a further rise to 1.3150 and above.

 

[RoboForex]

Japanese Candlestick Analysis for EURUSD and USDJPY: 24.09.2018
24.09.2018
EURUSD

On H4, the pair is rising and has reach yet another resistance where it is correcting and forming reversal patterns, such as the engulfing pattern, doji, and harami. These candlestick patterns signal a correction is going to happen before the uptrend continues.

USDJPY

On H4, the pair is rising and testing another resistance, at the same time forming reversal patterns, such as engulfing pattern, and falling star. At this stage, there is a correction forming. By analyzing the previous moves, one can assume USDJPY will succeed in rising again after the pullback.

 

[RoboForex]

Ichimoku Analysis: AUD/USD, NZD/USD, USD/CAD, 24.09.2018
24.09.2018
AUD/USD

The AUD/USD is trading at 0.7254, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the upper cloud boundary at 0.7225, and then a rise to 0.7350, which may be confirmed with the price bouncing off the support area. This rise may be prevented in case price breaks out the lower boundary of the Ichimoku cloud and closes below 0.7170, which will be a signal for a further fall to 0.7085 and below.

NZD/USD

The NZD/USD is trading at 0.6659, above the Ichimoku cloud, which means there's an uptrend forming. We expect a test of the signal lines at 0.6635, and then a rise to 0.6725, which may be confirmed with the price bouncing off the support area. This rise may be prevented in case price breaks out the lower boundary and closes below 0.6580, which will be a signal for a further fall to 0.6575.

USD/CAD

The USD/CAD is trading at 1.2943, below the Ichimoku cloud, which means there's a downtrend forming. We expect a test of the signal lines at 1.2975, and then the fall is likely to continue to 1.2845, which will be confirmed with the price bouncing off the lower boundary of the descending channel. This fall may be prevented in case price breaks out the upper boundary and closes above 1.3035, which will be a signal for a further rise to 1.3155 and above.

 

[RoboForex]

Murrey Level Analysis for EUR/USD and GBP/USD: 24.09.2018
24.09.2018
EUR/USD

On H4, the EUR/USD is overbought. Now, once 8/8 gets broken out, the price may fall further to reach the expect at 7/8.

On H1, the pair may start rising once 5/8 gets broken out, the target being the resistance at 8/8.

GBP/USD

On H4, the GBP/USD has left the overbought area and broken out 8/8, which signals a likely price fall to 5/8.

H1 charts show the same Murrey levels as H4, thus confirming the H4 analysis.

On M15, the lower VoltyChannel line has been broken out, which signals a likely price fall.

 

[RoboForex]

Tech Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT; 24.09.2018
24.09.2018
EURUSD

The EUR/USD is trading within the first downward wave and may reach 1.1722 today. Then, it may go down to 1.1765, and fall back to $1.1660,i.e. a local target.

GBPUSD

The GBP/USD is being under pressure; today, it may reach 1.3027, but then a pullback to 1.3165 might occur. Then, a downtrend may start, with the target at 1.2895.

USDCHF

The USD is rising against the franc within the first upward wave and may reach 0.9600 today. Then, a pullback to 0.9570 is possible, and then another rise (wave 3) to 0.9630.

USDJPY

The USD/JPY is trading within the first downward wave with the target at 112.25. Then, a rise to 112.60 is possible, and after that, it may go back to 111.66, i.e. a local target.

AUDUSD

The AUDUSD got inside the first downward impulse, and today it may go down again, to reach 0.7222. Then, a rise to 0.7250 is possible, and after that, it may go back to 0.7160.

USDRUB

The USDRUB is still consolidating around the downward wave lows. Today, it may reach 66.00, and then pull back to 68.00. After that, it may go back to 65.65 again, which is going to be the first target.

GOLD

Gold is downtrending, with the target at 1188.75. Then, a rise to 1199.80 is possible, and after that, it may go back to 1186.22 again.

BRENT

Brent crude is consolidating around $79.15. Today, it may break out the range and go up to reach $80.00, but then is likely to correct to 79.60. After that, it may rise back to $82.20 again.

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[RoboForex]

EUR/USD and USD/JPY Fibo Analysis: 25.09.2018
25.09.2018
EUR/USD

On H4, the EUR/USD broke out the latest high, and the uptrend went to the post correctional extension range between 138.2%-161.8% Fibo, or 1.1814-1.1863. This range includes the retracement level of 50.0% (1.1857). The market is then likely to start reverting after reaching its uptrend targets. The support is meanwhile at 1.1525.

On H1, the EUR/USD is forming a divergence, which means the price may pull back to 38.2% (1.1705) and 50.0% (1.1671). In case the price hits the resistance at 1.1815, this would mean the uptrend may continue.

USD/JPY

On H4, the USD/JPY is continuing to form an uptrend, while the price is approaching the major high at 133.17. Once this level gets broken out, the price is likely to go up to reach the post-correctional extension of 138.2-161.8% Fibo, or $114.47 to $115.28. The current move is supported by 111.07.

On H1, the USDJPY is uptrending and diverging, which means a pullback may occur after reaching the uptrend target. The next levels may lie at 23.6%, or 112.69, 38.2%, or 112.39, and 50.0%, or 112.14.