XAUUSD, “Gold vs US Dollar”
At the support level, gold has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1866.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes may drop to 1830.50 before growth.
NZDUSD, “New Zealand Dollar vs US Dollar”
On H4, at the support level, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 0.6285. After this level is reached, the quotes might get a chance for continuing the uptrend. However, the price may pull back to 0.6200 before growing.
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
GBPUSD, “Great Britain Pound vs US Dollar”
On H4, at the support level, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be the resistance level of 1.2125. However, the price may pull back to 1.1980 and continue the uptrend after the correction.
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.
- EURUSD Stabilises as US Presidential Election Unfolds Nov 5, 2024
- Stock indices rise on weak US labor market report. In Switzerland, there is a further decline in inflation Nov 4, 2024
- US Elections: How might markets react to Harris or Trump win? Nov 4, 2024
- Brent Crude Rises as OPEC+ Delays Production Increase Nov 4, 2024
- COT Metals Charts: Speculator bets led by Palladium & Steel Nov 3, 2024
- COT Bonds Charts: Speculator Bets led by Ultra Treasury Bonds & US Treasury Bonds Nov 3, 2024
- COT Soft Commodities Charts: Speculator Bets led by Corn & Live Cattle Nov 3, 2024
- COT Stock Market Charts: Speculator Bets led by S&P500 & Nasdaq Minis Nov 3, 2024
- Investors’ main focus today is on the NonFarm Payrolls report. Iran is preparing for a new attack on Israel Nov 1, 2024
- AUDUSD holds near August lows: US dollar pressure remains strong Nov 1, 2024
