USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF has broken the 5/8 level; right now, it is trading above this level. In this case, the price is expected to continue growing towards the resistance at the 6/8 one.

USDCHF

In the H1 chart, the pair is also moving above the 5/8 level and may continue trading upwards to reach the 8/8 one.

USDCHF

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.

USDCHF

 

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD is no longer trading inside the “overbought zone” and may continue moving downwards to reach the support at the 5/8 level.

XAUUSD

In the H1 chart, the pair may rebound from the 3/8 level and resume falling towards the support at the 0/8 one.

XAUUSD

In the M15 chart, the pair may once again break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.

XAUUSD

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD: Inverted hammer on daily chart highlights 50-day SMA, 38.2% Fibo.

EUR/USD takes the bids to 1.1050 during early Friday. The pair formed an ‘inverted hammer” candle while following the daily chart, which in turn favors the upside towards 1.1110/13 resistance-confluence.

EUR/USD News

GBP/USD: 3-week-old resistance-line questions 100-DMA breakout

Successful trading beyond 100-day simple moving average (DMA) fails to lend much strength to the GBP/USD pair as it struggles around 1.2520 during Friday morning. A rising trend-line since August-end, seems to challenge buyers.

GBP/USD News

USD/JPY: Bears eyeing break below 107.45

USD/JPY trades modestly flat, with the bias leaning to the downside, as we wind down into the close for the week following a data-heavy number of sessions which have left more questions unanswered and the outlook murky. 

USD/JPY News

Markets unmoved by Fed cut and pause

The Federal Reserve’s latest twist in monetary policy, reducing the fed funds for a second time in two months and then pausing for instructions has left markets without a clear direction on interest rates. Equites ended mixed.

Read more

Gold holds on to recovery gains amid trade/political pessimism

In addition to bouncing off multi-month-old rising trend-line, Gold gains support form recently downbeat trade/political headlines while taking the bids to $1,500 during Friday’s Asian session.

Gold News

Forex Majors

Cryptocurrencies

Signatures