Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, the stable uptrend continues as the pair is heading towards 50.0% fibo at 1875.75. After breaking this level, XAUUSD may continue growing to reach 61.8% fibo at 1922.50. However, despite the fact that the current uptrend is quite stable, there is a divergence on MACD, which may hint at a possible pullback. The key support remains the low at 1676.78.
In the H1 chart, after breaking the low and then finishing the descending correction, XAUUSD is forming another rising impulse towards the post-correctional extension area between 138.2% and 161.8% fibo at 1858.90 and 1867.80 respectively. The local support is at 1808.81.
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
USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, a convergence made USDCHF reverse after reaching 76.0% fibo and start a new correctional uptrend, which is approaching 23.6% fibo at 0.9101, However, the next descending impulse may be heading towards the low at 0.8986. If the price breaks the low, the instrument may continue falling to reach the fractal low at 0.8871. On the other hand, if the pair rebounds, it may start another rising wave towards 38.2%, 50.0%, and 61.8% fibo at 0.9172, 0.9229, and 0.9286 respectively.
The H1 chart shows that the current decline is slowing down and may soon be followed by a further uptrend.
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.
- EUR/USD: The Advantage Remains with the Dollar Jun 29, 2026
- Escalation of the US–Iran conflict is once again supporting the rise in oil prices Jun 29, 2026
- Oil prices fall back to pre‑war levels. Silver drops to a 7‑month low Jun 25, 2026
- Gold Falls to an Eight-Month Low: This May Not Be the Bottom Jun 25, 2026
- Stock indices came under heavy selling pressure amid growing skepticism about AI investments Jun 24, 2026
- The Pound Is Pressured Not by Politics, but by a Strong US Dollar Jun 24, 2026
- Global crude oil prices continued to decline. The AUD/USD exchange rate hit an 11‑week low Jun 23, 2026
- EUR/USD Remains Under Sellers’ Control as the Dollar Stays Strong Jun 23, 2026
- Gold Falls for the Third Consecutive Week: Is There Still Upside Potential? Jun 22, 2026
- Bank Indonesia raised its interest rate. Norges Bank and the SNB left rates unchanged Jun 19, 2026
