GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 1.2410 is expected, followed by a rise to 1.2620. An additional signal confirming the rise will be a rebound from the lower border of the bullish channel. The scenario can be cancelled by a breakout of the lower border of the Cloud, securing under 1.2375, which will mean a further decline to 1.2285. Meanwhile, the increase could be confirmed by a breakout of the upper border of the bearish channel, securing above 1.2535.
USDCHF, “US Dollar vs Swiss Franc”
USDCHF is correcting by a Triangle pattern. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 0.9080 is expected, followed by a rise to 0.9205. A signal confirming the rise will be a rebound from the lower border of the Triangle pattern. The scenario can be cancelled by a breakout of the lower border of the Cloud, securing under 0.9020, which will mean a further decline to 0.8925. Meanwhile, the increase could be confirmed by a breakout of the upper border of the Triangle pattern, securing above 0.9120.
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
XAUUSD, “Gold vs US Dollar”
Gold is pushing off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1955 is expected, followed by a decline to 1895. An additional signal confirming the decline will be a rebound from the upper border of the Triangle pattern. The scenario can be cancelled by a breakout of the upper border of the Cloud, securing above 1970, which will mean further growth to 2005. Meanwhile, the decline could be confirmed by a breakout of the lower border of the Triangle pattern, securing under 1935.
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.
- China has shifted to using its own strategic oil reserves Jun 9, 2026
- GBP/USD Remains Under Pressure Despite Attempts to Recover Jun 9, 2026
- SpaceX IPO: Set for $75 billion liftoff Jun 8, 2026
- On Friday, the American stock market experienced one of the strongest crashes in recent times Jun 8, 2026
- EUR/USD at April Lows: What’s Next for the Pair? Jun 8, 2026
- The ceasefire between Israel and Lebanon has reduced the geopolitical premium Jun 5, 2026
- EUR/USD: All Eyes on Non-Farm Payrolls Jun 5, 2026
- The escalation of the conflict in the Middle East put pressure on US and European stock indices Jun 4, 2026
- Gold Remains Under Pressure, but a Rebound Is Still Possible Jun 4, 2026
- Bitcoin drops below the psychological $70,000 level. The US stock indices hit new record highs Jun 3, 2026
