Article By RoboForex.com
Brent
As we can see in the H4 chart, after rebounding from 6/8, Brent is growing towards 7/8. In this case, later the price is expected to break the latter level and continue trading upwards to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 6/8 to the downside. After that, the instrument may continue falling towards the closest support at 5/8.
In the M15 chart, the asset may break the upside line of the VoltyChannel indicator and, as a result, continue the ascending tendency.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
S&P 500
In the H4 chart, the Index is moving inside the “overbought area”. In this case, the asset is expected to rebound from +2/8 and resume falling towards the support at +1/8. However, this scenario may no longer be valid if the price breaks +2/8 to the upside. After that, the lines at the chart will be redrawn, thus helping to define new upside targets.
As we can see in the M15 chart, the price is quite far away from the upside line of the VoltyChannel indicator, that’s why only a rebound from the +2/8 on the H4 chart may signal a new decline.
Article By RoboForex.com
Attention!
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.
- Inflationary pressure is easing in Canada. In New Zealand, on the contrary, inflation is rising Jul 21, 2026
- GBP/USD Falls After Cabinet Changes Jul 21, 2026
- Geopolitical and macroeconomic conditions continue to pressure market sentiment Jul 20, 2026
- USD/JPY Poised to Continue Gains as Expensive Oil and Lack of Support Weigh on Yen Jul 20, 2026
- COT Metals Charts: Weekly Speculator Bets led by Copper & Steel Jul 18, 2026
- COT Bonds Charts: Weekly Speculator Bets led by 2-Year, SOFR 3M & 5-Year Bonds Jul 18, 2026
- COT Energy Charts: Weekly Speculator Bets led by Brent Oil & Heating Oil Jul 18, 2026
- COT Soft Commodities Charts: Weekly Speculator Bets led by Wheat, Corn & Soybean Meal Jul 18, 2026
- The Bank of Canada kept its interest rate unchanged. Platinum prices reached a three‑week high Jul 16, 2026
- Stock indices rose after the release of US inflation data. China’s GDP slowed sharply Jul 15, 2026
