Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, the correctional downtrend has failed to break the low at 1848,67 and reach the mid-term 38.2% fibo at 1836.50. Such a failure may indicate that XAUUSD is intending to reverse the current tendency in favor of a new uptrend. If this proves to be true, the next rising impulse may reach 38.2% at 1934.85. The next upside targets may be 50.0%, 61.8%, and 76.0% fibo at 1962.00, 1988.40, 2020.30 respectively, as well as the all-time high at 2074.75.
The H1 chart shows the start of a new growth after convergence on MACD. By now, the asset has tested 38.2% fibo twice, thus implying a possibility of further growth. The next upside targets may be 50.0%, 61.8%, and 76.0% fibo at 1896.54, 1905.17, and 1915.61 respectively, as well as the high at 1933.18. The support is the low at 1859.90.
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.
USDCHF, “US Dollar vs Swiss Franc”
As we can see in the H4 chart, after the descending wave stopped between the low at 0.8999 and 76.0% fibo, and was followed by a convergence on MACD, which made USDCHF reverse. A new rising wave has broken 50.0% fibo and may continue towards 61.8% and 76.0% fibo at 0.9194 and 0.9232 respectively, as well as the high at 0.9296. The support is the low at 0.9030.
In the H1 chart, there is a divergence on MACD, which may indicate a possible pullback. The targets of this pullback may be 23.6%, 38.2%, and 50.0% fibo at 0.9151, 0.9128, and 0.9109 respectively. A breakout of the high at 0.9188 will be a signal in favor of further growth.
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.
- COT Metals Charts: Copper leads Metals Speculator Bets Higher Apr 26, 2026
- COT Bonds Charts: Speculator Bets led by 5-Year Bonds & Ultra 10-Year Bonds Apr 26, 2026
- COT Energy Charts: Weekly Speculator Bets led by Natural Gas Apr 26, 2026
- COT Soft Commodities Charts: SoyOil lead Speculator Bets Apr 26, 2026
- The Middle East conflict is already driving inflation higher across the world Apr 24, 2026
- Gold Falls Nearly 3.0% Over the Week Amid Geopolitical Pressure Apr 24, 2026
- The diplomatic deadlock between the US and Iran is undermining investors’ appetite for risk Apr 23, 2026
- EUR/USD Falls for Third Day as Geopolitics and Strong Dollar Dictate Terms Apr 23, 2026
- Negotiations between the US and Iran have failed. Oil prices are back above 90 dollars per barrel Apr 22, 2026
- USD/JPY Pulls Higher: Yen Doubts Bank of Japan Apr 22, 2026
