Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
XAUUSD is trading at 1776.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1750.00 and then resume moving upwards to reach 1830.00. Another signal in favor of a further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1705.00. In this case, the pair may continue falling towards 1635.00.
NZDUSD, “New Zealand Dollar vs US Dollar”
NZDUSD is trading at 0.7149; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.7085 and then resume moving upwards to reach 0.7325. Another signal in favor of a further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may be canceled if the price breaks the cloud’s downside border and fixes below 0.6995. In this case, the pair may continue falling towards 0.6905.
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
AUDCHF, “Australian Dollar vs Swiss Franc”
AUDCHF is trading at 0.7124; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.7065 and then resume moving upwards to reach 0.7285. Another signal in favor of a 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 0.7005. In this case, the pair may continue falling towards 0.6905. To confirm further growth, the asset must break the descending channel’s upside border and fix above 0.7185, thus completing an Inverted Head & Shoulder reversal pattern; the pattern materialization target is at 0.7325.
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.
- Investors run to safe-haven assets amid Middle East escalation Mar 6, 2026
- EUR/USD Under Pressure: Middle East Risks Outweigh All Else Mar 6, 2026
- Bitcoin shows resilience to Middle East events. Oil market stabilizes Mar 5, 2026
- GBP/USD: Market Not Expecting BoE Rate Cut in March Mar 5, 2026
- Brent headed for $100? Mar 4, 2026
- Global stock indices continue sell-off due to Middle East conflict Mar 4, 2026
- USD/JPY to Quickly Return to Growth: Momentum Favours the US Dollar Mar 4, 2026
- European equities plunge amid Persian Gulf military conflict Mar 3, 2026
- Gold Rallies for Fifth Day, With External Risks Mounting Mar 3, 2026
- Iran Crisis: A Dangerous Turning Point Mar 2, 2026
