empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
13.10.2020 01:52 AM
Commodity currencies AUD/USD & USD/CAD & NZD/USD on 4-hour charts: Comprehensive analysis of APLs & ZUP traffic options from 13/10/2020
Open trading account Open demo account

Has the US Dollar reclaimed its positions from commodity currencies? Review of options for the development of the AUD/USD & USD/CAD & NZD/USD H4 movement from October 13, 2020

---------------------------

Australian Dollar vs US Dollar

The movement of the Australian dollar AUD/USD from October 13, 2020 will be due to the development and direction of the breakdown of the boundaries of the 1/2 Median Line channel (0.7205 - 0.7225 - 0.7245) of the Minuette Operational Scale Fork.

If the support level of 0.7120 is broken at the lower border of the 1/2 Median Line channel in the Minuette Operational Scale Fork, the downward movement of AUD/USD can be continued to the targets:

  • Median Line Minute (0.7160)
  • local minimum 0.7097
  • lower limit of ISL61.8 (0.7090) of the Minute operational scale forks equilibrium zone.

The breakdown of the resistance level 0.7245 at the upper border of the 1/2 Median Line Minuette will make it relevant to continue the development of the upward movement of the Australian Dollar to the equilibrium zone (0.7286 - 0.7316 - 0.7346) of the Minuette operational scale fork.

This image is no longer relevant

---------------------------

US Dollar vs Canadian Dollar

The movement of the Canadian Dollar with the USD/CAD pair from October 12, 2020 will depend on the development and direction of the breakdown of the range:

  • Resistance level of 1.3120 at the upper border of the channel 1/2 Median Line of the Minute operational scale forks
  • Support level of 1.3100 at the upper border of ISL38.2 of the Minuette Operational Scale fork equilibrium zone

Breakdown of the upper border of the channel 1/2 Median Line Minute (resistance level 1.3120) will be a variant of the upward movement of USD/CAD to the final Schiff Line Minute (1.3295) and the lower border of ISL38.2 (1.3330) of the equilibrium zone of the Minute Operational Scale forks.

In case of breaking the support level of 1.3100 at the upper boundary ISL38.2 Minuette Operational Scale fork equilibrium zone, the movement of the Canadian Dollar may continue to order:

  • 1/2 Median Line Minute (1.3065)
  • Median Line Minuette (1.3025)
  • lower limit of the channel 1/2 Median Line Minute (1.3005)
  • lower limit of ISL61.8 (1.2945) of the Minuette Operational Scale forks equilibrium zone.

This image is no longer relevant

---------------------------

New Zealand Dollar vs US Dollar

The Zew Zealand Dollar in the NZD/USD pair will continue to move from October 13, 2020, depending on the development and direction of the breakdown of the equilibrium zone (0.6640 - 0.6660 - 0.6680) of the Minuette Operational Scale forks.

When breaking the lower border ISL38.2 Minuette Operational Scale forks equilibrium zone (support level of 0.6640) the movement of NZD/USD may continue to the boundaries of the 1/2 Median Line Minuette channel (0.6633 - 0.6618 - 0.6603) the channel borders 1/2 Median Line (0.6565 - 0.6530 - 0.6495) of the Minute Operating Scale forks.

If the resistance level of 0.6680 at the upper boundary ISL38.2 of the Minuette Operational Scale forks equilibrium zone, there is an option to continue development of the upward movement of New Zealand dollar against the borders of the equilibrium zone (0.6700 - 0.6735 - 0.6775) of the Minute Operational Scale forks.

This image is no longer relevant

---------------------------

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.

Ratu Taslim,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Crypto-currencies
Bitcoin – Technical Analysis Overview Currently, the market is testing monthly support levels at 79,773 – 75,446. A consolidation below this area would give bears control over these levels and invalidate the Ichimoku weekly golden
Evangelos Poulakis
07:36 2025-04-08 +02:00
1015
Fundamental analysis
What to Pay Attention to on April 8? A Breakdown of Fundamental Events for Beginners There are no macroeconomic events scheduled for Tuesday. However, the current market environment is hardly affected by the macroeconomic background. At this moment, the market has no use for standard
Paolo Greco
07:35 2025-04-08 +02:00
1045
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD – April 8, 2025

On Monday, the euro reached the 1.1027 target level but dropped below 1.0955. Nonetheless, the single currency achieved its primary goal, reaffirming its intent to resume growth. Currently, the price
Laurie Bailey 05:03 2025-04-08 UTC+2

Forecast for GBP/USD – April 8, 2025

On Monday, the British pound showed another day of weakness, falling by 180 pips. As a result, the target level of 1.2714 was reached, and an ascending price channel
Laurie Bailey 05:03 2025-04-08 UTC+2

Forecast for USD/JPY – April 8, 2025

USD/JPY After reaching the target range of 145.08/91, the price corrected with increased volatility down to the balance line on the daily timeframe and began the current day with
Laurie Bailey 05:03 2025-04-08 UTC+2

Forecast for Natural Gas – April 8, 2025

Natural Gas (NG) Last week and the beginning of this week, the natural gas quote did not break above the resistance at 4.200, which is reinforced by the MACD line
Laurie Bailey 05:03 2025-04-08 UTC+2

Forecast for EUR/USD on April 7, 2025

On Friday, it's difficult to define what exactly the EUR/USD pair accomplished. The decline is undeniable, signaling a strengthening of the U.S. dollar. But who can confidently say the dollar
Samir Klishi 19:13 2025-04-07 UTC+2

Forecast for GBP/USD on April 7, 2025

On the hourly chart, the GBP/USD pair reversed in favor of the U.S. dollar on Friday and fell from the 1.3151 level to 1.2865 — a 300-point move
Samir Klishi 19:08 2025-04-07 UTC+2

Trading Signals for EUR/USD for April 7-9, 2025: sell below 1.0986 (21 SMA - 6/8 Murray)

If the euro consolidates above 1.0986, we could expect a continuation of the upward movement, and EUR/USD could reach the 7/8 Murray level at 1.1108 and even surpass its high
Dimitrios Zappas 17:44 2025-04-07 UTC+2

Trading Signals for GOLD (XAU/USD) for April 7-9, 2025: buy above $2,985 (200 EMA - 6/8 Murray)

Early in the American session, gold is trading around 3,009.75, undergoing a technical correction. The metal is likely to continue falling until reaching the 200 EMA located at 2,985
Dimitrios Zappas 17:29 2025-04-07 UTC+2

Forex forecast 07/04/2025: EUR/USD, USD/JPY, GBP/USD, SP500, USDX, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
Sebastian Seliga 10:37 2025-04-07 UTC+2

EUR/USD Forecast for April 7, 2025

Last Friday, global markets continued to decline — albeit unevenly: the S&P 500 fell by 5.97%, oil by 7.41%, commodity currencies lost around 2% on average, and the yield
Laurie Bailey 05:20 2025-04-07 UTC+2

Top analytics

Relevance up to 22:00 2025-04-08 UTC--4
Forecast for EUR/USD – April 8, 2025
05:03 2025-04-08
Technical analysis
Relevance up to 20:00 2025-04-08 UTC--4
Trading Recommendations and Analysis for EUR/USD on April 8: The Storm Continues
03:47 2025-04-08
Trading plan
Relevance up to 20:00 2025-04-08 UTC--4
Trading Recommendations and Analysis for GBP/USD on April 8: The Pound Continues to Fall
03:47 2025-04-08
Trading plan
Relevance up to 20:00 2025-04-08 UTC--4
GBP/USD Overview. April 8. Now It's the Pound Plunging into the Abyss
06:07 2025-04-08
Fundamental analysis
Relevance up to 22:00 2025-04-08 UTC--4
Forecast for GBP/USD – April 8, 2025
05:03 2025-04-08
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.