Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
On H4, gold dropped to 50.0% (1763.40) Fibo after a lengthy test of 38.2%. Further development of the downtrend to 61.8% (1690.00) can be regarded as the main scenario, but a convergence forming on the MACD might signal a correction or a reversal. If the price bounces off 50.0%, and a medium-term correctional wave of growth develops, its goals will be 23.6% (1836.50), 38.2% (1882.17), 50.0% (1919.00), and 61.8% (1955.80).
On H1, there is also a convergence forming on the indicator, which can be another signal for a correction. Yet on this chart we can see a potential for a correction of the preceding declining wave. The aims of the possible pullback will be 23.6% (1811.80), 38.2% (1841.30), 50.0% (1864.60) Fibo.
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.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
USDCHF, “US Dollar vs Swiss Franc”
On H4, the pair formed a correctional wave of decline after a swift impulse of growth. If the quotations manage to overcome the low of 0.8982, they might drop then to the post-correctional extension range of 138.2-161.8% (0.8886-0.8816) Fibo. Regardless of the outer stability of the downtrend, after a test of the area around the low, a bounce and a new impulse of growth might follow. The nearest goal of the growth might be 76.0% (0.9220) relative to the previous medium-term declining wave, while the main goal is the fractal low of 0.9296.
On H1, we can note correctional growth or even a reversal – this is indicated by a convergence forming on the MACD. The nearest goals of the growth might be 23.6% (0.9060), 38.2% (0.9085), and 50.0% (0.9105). The support is at the local low of 0.9019.
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.
- IEA deploys strategic reserves to halt soaring oil prices Mar 11, 2026
- GBP/USD Managed to Rise, but Pressure Factors Remain in Place Mar 11, 2026
- Trump signals de-escalation in the Middle East; China’s trade surplus hits a new record Mar 10, 2026
- EUR/USD in Turbulence: Market Questions When Conflict Over Iran Will End Mar 10, 2026
- Prices push oil above $100 per barrel Mar 9, 2026
- COT Metals Charts: Speculator Bets led by Silver, Gold & Platinum Mar 7, 2026
- COT Bonds Charts: Speculator Bets led by 10-Year Bonds & Fed Funds Mar 7, 2026
- COT Energy Charts: Speculator Bets led by Brent Oil & Heating Oil Mar 7, 2026
- COT Soft Commodities Charts: Speculator Bets led by Corn & Soybean Meal Mar 7, 2026
- Investors run to safe-haven assets amid Middle East escalation Mar 6, 2026
