empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
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
14.08.2020 03:06 AM
Comprehensive analysis of commodity currencies AUD/USD & USD/CAD & NZD/USD (H4) on August 14, 2020
Open trading account Open demo account

Minute operational scale (H4)

The end of this week and the beginning of the next - an overview of options for the development of the movement for AUD/USD & USD/CAD & NZD/USD (H4) on August 14, 2020.

____________________

Australian dollar vs US dollar

The development of the movement of the Australian dollar AUD/USD from August 14, 2020 will continue to determine the development and direction of a breakout of the channel borders 1/2 Median Line (0.7220 - 0.7195 - 0.7170) of the Minuetteoperational scale fork - see the animated chart for details.

In case of a breakdown of the lower border of the 1/2 Median Line Minuette - support level of 0.7170, the downward movement of AUD/USD will be directed to the boundaries of the equilibrium zone (0.7140 - 0.7105 - 0.7070) of the Minuette operational scale fork.

If the resistance level of 0.7220 breaks at the upper border of the channel 1/2 Median Line Minuette, it will be possible to update the maximum 0.7244 and the Australian dollar will reach the initial SSL line (0.7265) of the Minuette operational scale fork.

The AUD/USD movement options from August 14, 2020 are shown on the animated chart.

This image is no longer relevant

____________________

US dollar vs Canadian dollar

The development of the movement of the Canadian dollar USD/CAD from August 14, 2020 will occur depending on the development and direction of the breakdown of the range:

  • resistance level of 1.3245 - the lower border of the channel 1/2 Median Line Minuette;
  • support level of 1.3195 - the upper border of the ISL38.2 balance zone of the Minuette operational scale forks.

In the breakdown of the resistance level of 1.3245, the movement of USD/CAD will begin to flow in the channel borders 1/2 Median Line (1.3245 - 1.3265 - 1.3280) of the Minuette operational scale fork with the prospect of reaching the zone boundary equilibrium (1.3295 - 1.3375 - 1.3455) of the Minute operational scale fork.

In case of breakdown of ISL38.2 Minuette - support level of 1.3195 - the development of the Canadian dollar movement will continue in the equilibrium zone (1.3195 - 1.3165 - 1.3135) of the Minuette operational scale fork with the prospect of reaching the FSL Minuette final line (1.3035) and the SSL initial line (1.3025) of the Minute operational scale fork.

Options for USD/CAD movement from August 14, 2020 are shown on the animated chart.

This image is no longer relevant

____________________

New Zealand dollar vs US dollar

The movement of the New Zealand dollar NZD/USD from August 14, 2020 will also develop depending on the development and direction of the range:

  • support level of 0.6580 - the lower border of the channel 1/2 Median Line Minuette;
  • support level of 0.6580 - the initial SSL line of the Minuette operational scale fork.

The joint breakdown of the initial SSL line of the Minuette operational scale fork - support level of 0.6560 - and ISL38.2 Minute (0.6550) will confirm that further development of the NZD/USD movement will proceed within the boundaries of the operational scale fork equilibrium zones - Minute (0.6550 - 0.6500 - 0.6455) and Minuette (0.6455 - 0.6420 - 0.6385).

The breakdown of the resistance level of 0.6580 will return the development of the movement of the New Zealand dollar to the boundaries of the 1/2 Median Line channels of the operational scales - Minuette (0.6580 - 0.6595 - 0.6610) and Minute (0.6605 - 0.6630 - 0.6660) with the possibility of updating the local maximum 0.6688 and the initial SSL line (0.6695) of Minute operational scale fork.

The markup of NZD/USD movement options from August 14, 2020 is shown on an animated chart.

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 it is not a guide to action (placing "sell" or "buy" orders).

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
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders for June 6th (U.S. Session) Trade Review and Tips for Trading the Japanese Yen The price test at 144.02 in the first half of the day occurred when the MACD indicator had already moved significantly
Jakub Novak
15:46 2025-06-06 +02:00
3340
Forecast
GBP/USD: Simple Trading Tips for Beginner Traders for June 6th (U.S. Session) Trade Review and Tips for Trading the British Pound The price test at 1.3546 in the first half of the day occurred when the MACD indicator had already moved significantly
Jakub Novak
15:43 2025-06-06 +02:00
2725
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

USD/CAD. Analysis and Forecast

The pair is attempting to attract buyers, but spot prices remain close to a yearly low and appear vulnerable to further decline. The Canadian dollar is supported by reports
Irina Yanina 15:33 2025-06-06 UTC+2

EUR/JPY. Analysis and Forecast

The EUR/JPY pair continues to demonstrate stable positive dynamics. Spot prices remain near a three-week high. Factors supporting the rise of EUR/JPY include disappointing data on household spending in Japan
Irina Yanina 11:21 2025-06-06 UTC+2

Forecast for EUR/USD on June 6, 2025

On Thursday, the EUR/USD pair continued its upward movement but made two rebounds from the 76.4% corrective level at 1.1454, suggesting a potential reversal in favor of the U.S. dollar
Samir Klishi 11:09 2025-06-06 UTC+2

Forecast for GBP/USD on June 6, 2025

On the hourly chart, the GBP/USD pair on Thursday rose to the resistance zone of 1.3611–1.3620, rebounded from it, and turned in favor of the U.S. dollar. A decline began
Samir Klishi 11:03 2025-06-06 UTC+2

Forex forecast 06/06/2025: EUR/USD, USD/JPY, SP500, Oil, Ethereum 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 09:51 2025-06-06 UTC+2

Forecast for EUR/USD on June 6, 2025

Yesterday, the ECB as expected cut key rates by a quarter point, bringing the refinancing rate to 2.15%. At the press conference, ECB President Christine Lagarde stated that rates have
Laurie Bailey 08:21 2025-06-06 UTC+2

Forecast for GBP/USD on June 6, 2025

GBP/USD Amid yesterday's brief optimism over the ECB's decision to cut rates and nearly complete the easing cycle, the pound almost reached the target level of 1.3635. Today began neutrally
Laurie Bailey 08:17 2025-06-06 UTC+2

Forecast for USD/JPY on June 6, 2025

As of this morning, the USD/JPY pair has found itself in a completely dual situation, with an equal likelihood of both growth and decline. Indicators suggesting growth include the price
Laurie Bailey 08:13 2025-06-06 UTC+2

Trading Signals for EUR/USD for June 6-10, 2025: buy above 1.1080 (200 EMA - 6/8 Murray)

The eagle indicator is showing a negative signal, so we believe that if the euro falls below the 6/8 Murray level in the coming hours, it will be seen
Dimitrios Zappas 07:04 2025-06-06 UTC+2

Trading Signals for GOLD (XAU/USD) for June 6-10, 2025: buy above $3,365 (21 SMA - 7/8 Murray)

On the other hand, gold is expected to undergo a technical correction. On May 30, it left a gap around 3,284, and if it consolidates below 3,350, it could likely
Dimitrios Zappas 07:01 2025-06-06 UTC+2

Top analytics

Relevance up to 23:00 2025-06-18 UTC--5
Trading Signals for GOLD (XAU/USD) for June 5-9, 2025: sell below $3,387 (21 SMA - 7/8 Murray)
06:36 2025-06-05
Technical analysis
Relevance up to 00:00 2025-06-20 UTC--5
Trading Signals for EUR/USD for June 6-10, 2025: buy above 1.1080 (200 EMA - 6/8 Murray)
07:04 2025-06-06
Technical analysis
Relevance up to 00:00 2025-06-20 UTC--5
Trading Signals for GOLD (XAU/USD) for June 6-10, 2025: buy above $3,365 (21 SMA - 7/8 Murray)
07:01 2025-06-06
Technical analysis
Relevance up to 23:00 2025-06-18 UTC--5
Trading Signals for EUR/USD for June 5-9, 2025: sell below 1.1474 (21 SMA - 6/8 Murray)
06:38 2025-06-05
Technical analysis
Relevance up to 02:00 2025-06-10 UTC--5
The Market Finds Good in the Bad
09:20 2025-06-05
Fundamental 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.