Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
EURUSD is trading at 1.1420; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1370 and then resume moving upwards to reach 1.1565. Another signal in favour 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 1.1255. In this case, the pair may continue falling towards 1.1165. To confirm further growth, the asset must break the upside border of the Flag pattern and fix above 1.1465.
BRENT
Brent is trading at 91.33; 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 90.30 and then resume moving upwards to reach 97.75. Another signal in favour 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 87.25. In this case, the pair may continue falling towards 85.05.
Free Reports:
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly 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.
XAUUSD, “Gold vs US Dollar”
XAUUSD is trading at 1826.00; 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 1815.00 and then resume moving upwards to reach 1855.00. Another signal in favour of a further uptrend will be a rebound from the descending channel’s upside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1780.00. In this case, the pair may continue falling towards 1755.00.
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.
- Australian trade balance returned to positive territory Aug 6, 2026
- Results in Line for Most Reporting Companies Aug 5, 2026
- Stock indices continue to break records. Oil is falling amid intensified diplomatic dialogue between the US and Iran Aug 5, 2026
- USD/JPY Holds Steady After Intervention: Outlook Remains Uncertain Aug 5, 2026
- EUR/USD: Busy Week Ahead Aug 3, 2026
- Positive sentiment in the AI sector supported stock indices. Oil prices remain volatile Aug 3, 2026
- The Tech‑heavy NASDAQ Index jumped by more than 3.3%. The offshore yuan is trading at its highest level since 2023 Jul 31, 2026
- USD/JPY After Volatility: Multiple Events in One Day Jul 31, 2026
- The US indices sell off amid renewed US-Iran clashes. Oil jumps by 7% Jul 30, 2026
- USD/JPY Temporary in Equilibrium: Multiple Factors in Focus Jul 30, 2026
