Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, the instrument continues growing. After forming several reversal patterns, such as Harami, close to the support level during the pullback, XAUUSD is reversing and may later continue trading upwards to reach the resistance area at 1895.00. At the same time, an opposite scenario implies that the price may continue the pullback to reach 1855.00 before resuming its growth.
NZDUSD, “New Zealand vs US Dollar”
As we can see in the H4 chart, the ascending impulse continues. By now, NZDUSD has formed several reversal patterns, such as Inverted Hammer, close to the support level. The pattern materialization target may be the resistance area at 0.7270. Later, the price may test the area, break it, and continue moving upwards. However, an alternative scenario implies that the price may return to 0.7170 before resuming its ascending tendency.
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
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, the uptrend continues. By now, GBPUSD has formed several reversal patterns, such as Harami, not far from the support area. At the moment, the pair may reverse in favor of further growth. In this case, the next upside target after the pullback may be at 1.4250. Later, the instrument may break the resistance level and boost its ascending tendency. Still, there might be an alternative scenario, according to which the asset may correct towards 1.4100 before resuming the ascending tendency.
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: Weekly Speculator Bets see small gains for Silver & Gold Jul 12, 2026
- COT Bonds Charts: Speculator Bets led by SOFR 3-Months & 2-Year Bonds Jul 12, 2026
- COT Energy Charts: Weekly Speculator Changes led by Brent Oil Jul 12, 2026
- COT Soft Commodities Charts: Weekly Speculator Changes led by Sugar, Corn & Soybeans Jul 12, 2026
- The US and European stock indices are rising again amid renewed investor interest in the AI industry. Jul 10, 2026
- USD/JPY Falls as Yen Recovers Weekly Losses Jul 10, 2026
- Crude oil prices surged sharply by 7% in reaction to the rapid escalation of the conflict in the Middle East Jul 9, 2026
- Middle East Tensions Weigh on Gold Jul 9, 2026
- Pound Awaits Tighter Policy from Bank of England Jul 8, 2026
- The United States carried out airstrikes on Iran after Iran’s attacked tankers in the Strait of Hormuz. The RBNZ raised the interest rate to 2.5% Jul 8, 2026
