Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Long-term review

Minor operational scale (daily time frame)

In the second month of spring - what will happen with the "raw" currencies AUD/USD, USD/CAD, and NZD/USD? Overview of the development of the traffic movement from April 4, 2020.

____________________

Australian Dollar vs US Dollar

Testing and direction of the range breakdown:

  • resistance level of 0.6100 - median line minute;
  • support level of 0.6000 - the upper border of the channel 1/2 median line fork operational scale minute

It will determine the development of the movement of the Australian dollar AUD/USD from April 4, 2020.

Sequential breakdown of support levels:

  • 0.6000 - upper limit of the channel 1/2ML minute;
  • 0.5965 - lower bound of ISL61.8 equilibrium zone of the forks of the operational scale minor;
  • 0.5930 - lower bound of ISL61. 8 equilibrium zone of the forks of the operational scale minute;

Confirm the development of the movement of the Australian dollar in the channel 1/2 median line minute (0.6000 - 0.5860 - 0.5730) with the prospect of reaching the minimum price of 0.5510.

When sharing the breakdown of the median lines (resistance of 0.6100) and median line minor (0.6130) - option of the movement AUD/USD to the upper limit of ISL61.8 (0.6240) zone equilibrium fork operational scale minute and channel borders 1/2 median line (0.6275 - 0.6380 - 0.6490) fork operational scale minor.

The markup of the AUD/USD movement options from April 4, 2020, is shown on the animated chart.

Exchange Rates 03.04.2020 analysis

____________________

US Dollar vs Canadian Dollar

From April 4, 2020, the development of the movement of the Canadian dollar USD/CAD will be determined by the development and direction of the breakdown of the equilibrium zone (1.4000 - 1.4140 - 1.4300) operating scale pitchfork minute - markup for working out these levels is shown on the animated chart (opens in a separate tab).

If the resistance level of 1.4300 is the upper bound ISL38.2 zone equilibrium fork operational scale minute - to achieve the Canadian dollar, the channel borders 1/2 median Line (1.4370 - 1.4490 - 1.4610) fork operational scale minute.

A breakdown of the support level of 1.4000 - the lower limit of ISL61. 8 of the balance zone of the minute operating scale forks - will determine the development of the USD/CAD movement within the boundaries of the balance zone (1.4000 - 1.3840 - 1.3680) and channel 1/2 median line (1.3740 - 1.3610 - 1.3480) a fork of the minor operating scale.

The markup of the USD/CAD movement options from April 4, 2020, is shown on the animated chart.

Exchange Rates 03.04.2020 analysis

____________________

New Zealand Dollar vs US Dollar

The development of the movement of the New Zealand dollar NZD/USD from April 4, 2020, will depend on the development and direction of the breakdown of the 1/2 median line channel (0.5750 - 0.5860 - 0.5970) operating scale pitchfork minute - details of working out the boundaries of the channel 1/2ML minute are shown on the animated chart.

Breakdown of the support level 0.5970 - the lower border of the channel 1/2 median line in the operating scale of the minute - the continuation of the downward movement of the New Zealand dollar to the goals:

  • reaction line RL100.0 pitchfork operational scale Minor (0.5625);
  • minimum of 0.5467.

In the breakdown of the resistance level of 0.5970 - the upper border of the channel 1/2 median line fork operational scale minute - the movement of NZD/USD will be continued within the equilibrium zone (0.5925 - 0.6070 - 0.6210) fork operational scale minute and channel 1/2 median line (0.6180 - 0.6270 - 0.6360) fork operational scale minor.

Marking options for the movement of NZD/USD from April 4, 2020, look at the animated chart.

Exchange Rates 03.04.2020 analysis

____________________

The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing "sell" or "buy" orders).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Ratu Taslim,
Analytical expert
InstaForex Group © 2007-2020
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.