Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, the asset continues testing the support level, where it has formed several reversal patterns, such as Harami. At the moment, XAUUSD may reverse and start a new decline to reach the support area at 1746.50. At the same time, an opposite scenario implies that the price may correct towards 1795.00 before resuming the descending tendency.
NZDUSD, “New Zealand vs US Dollar”
As we can see in the H4 chart, the correctional impulse continues. By now, NZDUSD has formed several reversal patterns, such as Inverted Hammer, close to the support level. At the moment, the pair is reversing and may later grow towards the resistance area at 0.7117. After testing this level, the asset may rebound and resume moving downwards. However, an alternative scenario implies that the price may continue falling towards 0.6965 without testing the resistance area.
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.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, the asset is correcting within the downtrend. By now, GBPUSD has formed several reversal patterns, such as Hammer, not far from the support area. At the moment, the pair may reverse and start a new pullback. In this case, the correctional target may be the resistance level at 1.4030. After testing it, the market may rebound and resume falling with the target at 1.3855.
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.
- Your Bourse and FXPRIMUS Bring 24/7 Synthetic Indices to the Global Broker Market Jun 16, 2026
- Institutional investors continue to reduce their presence in metals Jun 16, 2026
- USDJPY Driven by Emotions: Bank of Japan Raises Rate to Highest Level Since 1995 Jun 16, 2026
- The United States and Iran have signed a peace agreement – oil has fallen to 80 dollars per barrel. Jun 15, 2026
- EURUSD Ahead of the New Week: Expecting High Volatility Jun 15, 2026
- COT Metals Charts: Speculator Bets led by Steel Jun 14, 2026
- COT Bonds Charts: Speculator Bets led by 2-Year Bonds & Ultra 10-Year Bonds Jun 14, 2026
- COT Energy Charts: Speculator Bets led by Brent Oil Jun 14, 2026
- COT Soft Commodities Charts: Weekly Speculator Bets led lower by Corn and Soybean Meal Jun 14, 2026
- Today investors’ focus is directed at the historic IPO of SpaceX Jun 12, 2026
