Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD is forming another correctional wave to the downside after a divergence on MACD. Possibly, after completing a short-term growth, the pair may form another descending impulse. At the moment, the asset is re-testing 23.6% fibo and trying to break it. The next downside targets will be 38.2%, 50.0%, and 61.8% fibo at 1825.38, 1797.23, and 1769.12 respectively. At the same time, a breakout of the resistance at 1916.52 may lead to a further rising movement towards the mid-term target, which is 61.8% fibo at 1922.50.
The H1 chart shows a steady descending impulse that is testing 23.6% fibo. Possibly, the price may form a short-term pullback here, which may be later followed by a further downtrend to reach 38.2% fibo at 1825.38.
Free Reports:
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks 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 updating its previous low and rebounding from it, USDCHF may start a new correction towards 23.6%, 38.2%, 50.0%, and 61.8% fibo at 0.9055, 0.9135, 0.9200, and 0.9264 respectively. The support is the low at 0.8926.
The H1 chart shows the first rising wave towards 23.6% fibo.
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.
- GBP/USD at Month’s Lows: The Outlook Remains Weak Jul 29, 2026
- Crude oil falls below $80 per barrel. Australia sees inflation slowdown Jul 29, 2026
- The US Tech sector hit by sell‑off. Oil prices decline on renewed negotiations Jul 28, 2026
- Gold Declines, Focus on Fed and Falling Oil Prices Jul 28, 2026
- This week will be one of the most crowded for central‑bank meetings Jul 27, 2026
- EUR/USD Ahead of a Key Week: Holding Near Lows Jul 27, 2026
- COT Metals Charts: Weekly Speculator Changes led by Copper Jul 26, 2026
- COT Bonds Charts: Speculator Bets led by SOFR 3-Months & 5-Year Bonds Jul 26, 2026
- COT Energy Charts: Weekly Speculator Bets led by WTI Crude & Natural Gas Jul 26, 2026
- COT Soft Commodities Charts: Weekly Speculator Bets led by Corn & Soybeans Jul 26, 2026
