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AUD/USD: technical analysis 09.04.20

Current trend On the 4-hour chart, the price has tested the resistance level of 0.62494 and was slightly corrected downwards, but the general upward trend maintains. The decisive breakout of 0.62494 is needed to indicate the upward trend resumption. In this case, the growth may continue to the area of 0.62866 resistance. Alternative scenario If...

USD/JPY: technical analysis 09.04.20

Current trend USD/JPY is in the stage of a downward correction after growing to the level of 109.058. The instrument is now trying to consolidate below the level of 108.900, which coincided with the middle line of Bollinger Bands. In case the pair manage to cross this support, the decline to the area of 108.594...

GBP/USD: technical analysis 09.04.20

Current trend GBP/USD quotes attempted to grow, but reaching 1.24180 mark moved to a downward correction. Now the pair is testing the 1.23850 support after the breakdown of which, the plunge may continue to the area of 1.23596 support-line. In case the pair manage to cross this line, the level of 1.23291 will be the...

USD/CHF: technical analysis 06.04.20

Current trend USD/CHF is restoring after the decline to the level of 0.97433. Now the pair is consolidating around the 0.97656 level. If the "bulls" manage to raise the rate above the level of 0.97835, the correction can continue to the area of 0.97950. The decisive break of this level is needed to indicate the...

USD/CAD: technical analysis 06.04.20

Current trend USD/CAD quotes attempted to grow, but reaching 1.42603 mark moved to a downward correction. The instrument is now testing the support level of 1.41602, which corresponds to the middle line of Bollinger Bands. There is a chance of an upward rebound, while its breakdown would accelerate the plunge to the area of 1.41245...

EUR/USD: technical analysis 06.04.20

Current trend EUR/USD is in the stage of upward correction after falling to the level of 1.07723. The first strong resistance for the pair is 1.08228. The breakout of this level will be a signal of the upward correction development and let the price grow to the area of 1.08643. The upward trend will be...

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