Home -

Broker -

Main body -

WikiFX Express

Japanese Candlesticks Analysis 07.08.2023 (USDCAD, AUDUSD, USDCHF)

RoboForex | 2023-08-11 10:16

Abstract：Let's check the Japanese Candlesticks Analysis for 07/08/2023

Let's check the Japanese Candlesticks Analysis for 07/08/2023

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD has formed a Shooting Star reversal pattern on H4. Currently, the instrument could go by the reversal signal in a descending wave. The decline target might be 1.3340. Next, the price might rebound from the support and continue the uptrend. However, the quotes could rise to 1.3420 without a correction.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD has formed an Inverted Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 0.6670. Upon testing the resistance, the quotes might break it and develop the uptrend further. However, the price could drop to 0.6515 before rising.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has formed a Harami reversal pattern on H4 while pulling back. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 0.8835. Upon testing the resistance, the price could rebound from it and develop a downtrend. However, the quotes could drop to 0.8685 without testing the resistance level.

Forex Analysis

Related broker

Not Regulated

RoboForex

Company name：RoboForex Ltd

Score

2.50

Website：http://www.roboforex.com/

10-15 years | Questionable Regulatory License | White label MT4 | White label MT5

Score

2.50

What? The Rupee’s Fall from 90 to 95 Remains the Fastest Five-Point Decline in a Decade!

No, we are not kidding! The rupee has indeed hit this low, from 90 to 95 against the US dollar, the fastest in nearly a decade, highlighting the slump due to rising crude oil prices and global uncertainty from the series of adverse events related to the geopolitical conflict in the Middle East. It just took five months for the rupee to weaken from 90 to 95, the sharpest five-point depreciation since the 2013 taper tantrum. During this period, the rupee declined from 60 to 65 within a month amid concerns over India’s current account deficit and large capital outflows.

Original 2026-05-21 22:34

TDFX Review: An In-depth Report Into Issues Concerning Withdrawals, Slippages & Fund Transfers

Failed to withdraw your funds successfully from the TDFX platform? Did the Australia-based brokerage firm illegitimately take away your trading profits? Have you witnessed losses on the broker’s trading platform due to heavy slippage? Did you also struggle transferring your funds from the TDFX trading account? You are not alone! These allegations have somewhat degraded the rating of the forex broker. Through this TDFX review article, we aim to investigate user complaints so that you can decide whether this trading enterprise is right for you. Keep reading to find our analysis.

Original 2026-04-24 22:00

Close Up With WikiFX - A Closer Look at InterStellar Group

With the rapid growth of the global multi-asset investment market, the disparities in the forex industry across different regions have become increasingly evident. As a forex broker information service platform operating in over 200 countries and regions, WikiFX is committed to helping investors in each region identify reliable brokers. Therefore, WikiFX launched a series content — Close Up with WikiFX, which offers in-depth interviews with local brokers. Leveraging WikiFXs robust big data system and industry insights, the series aims to help investors gain a deeper understanding of high-quality brokers. In this exclusive interview, we had the opportunity to speak with Konstantinos Theodorou, CEO of InterStellar Group-Cyprus, to explore the company’s operations and market insights.

Original 2026-04-23 14:22

InteractiveBrokers Review: Are You Facing Withdrawal & Deposit Issues? You Must Read This!

InteractiveBrokers, a Hong Kong-based forex broker with over two decades in the trading space, has been facing ire from traders worldwide. Some allegations are just a week old from today, making it imperative for all of us at WikiFX to highlight them. Allegations primarily center on withdrawals and deposits, with some even criticizing the broker for its poor customer support service. So, if you are also among the affected ones or are willing to invest here, you must read this InteractiveBrokers review article. Here, we have examined these allegations against the forex broker.

Original 2026-04-13 21:31