Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
XAUUSD is trading at 1853.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1875.00 and then resume moving downwards to reach 1805.00. Another signal in favor of further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 1905.00. In this case, the pair may continue growing towards 1935.00.
BRENT
Brent is trading at 42.01; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 41.75 and then resume moving upwards to reach 45.15. Another signal in favor of further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 40.85. In this case, the pair may continue falling towards 39.15. To confirm further growth, the asset must break the descending channel’s upside border and fix above 43.50.
Free Reports:
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
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.
EURJPY, “Euro vs Japanese Yen”
EURJPY is trading at 122.80; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 123.05 and then resume moving downwards to reach 120.95. Another signal in favor of further downtrend will be a rebound from the upside border of the Triangle pattern. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 124.95. In this case, the pair may continue growing towards 125.85. To confirm further decline, the asset must break the support area along with the pattern’s downside border and fix below 122.25.
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.
- 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
- GBP/USD Awaits Political News: What Will Happen Next Jul 15, 2026
- USD/JPY Holds at Highs: Pressure Lingers on Yen Jul 14, 2026
