USD/CHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF is still moving inside the “oversold area”. In this case, the pair may break 0/8 and continue growing towards the resistance at 3/8. However, this scenario may no longer be valid if the price breaks -1/8. After that, the instrument may continue falling towards the support at -2/8.

USDCHF

 

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards to reach 3/8 from the H4 chart.

USDCHF

 

XAU/USD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD is trading inside the “overbought area”. In this case, the price is expected to break 8/8 and then resume falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks +1/8. After that, the instrument may continue growing towards the resistance at +2/8.

GOLD

 

In the M15 chart, the pair may the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 6/8 from the H4 chart.

GOLD

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

AUD/USD: Hong Kong protests, a lack of data limit response to phase one news

With the escalating tension in Hong Kong and an absence of major data/events at home, AUD/USD shrugs off the latest trade positive headlines from US and China.

AUD/USD News

USD/JPY holds steady near 108.75 amid Hong Kong woes, trade hopes

The USD/JPY pair is seen treading water around 108.75 region, as a sense of caution prevails in Monday’s Asian trading amid escalating Hong Kong violence. All eyes to remain on US-China trade negotiations amid light US calendar.

USD/JPY News

USD/JPY holds steady near 108.75 amid Hong Kong woes, trade hopes

The USD/JPY pair is seen treading water around 108.75 region, as a sense of caution prevails in Monday’s Asian trading amid escalating Hong Kong violence. All eyes to remain on US-China trade negotiations amid light US calendar.

USD/JPY News

US Dollar Index challenges weekly lows near 98.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main rivals, is now accelerating the downside and threatens to test the key support at 98.00 the figure.

US Dollar Index News

Gold seesaws around $1468 amid geopolitical tension, trade optimism

With the geopolitical tension concerning Hong Kong and Iran crossing wires, optimism surrounding the US-CN trade deal seems to fail in luring the Gold sellers. As a result, Gold takes rounds to $1,468 during early Asia.

Gold News

Forex Majors

Cryptocurrencies

Signatures