Article By RoboForex.com
XAUUSD, “Gold vs US Dollar”
In the H4 chart, after finishing the correctional downtrend, XAUUSD is trying to form the second wave to the upside. Convergence on MACD is another signal that the correction is over. In this case, the next upside targets may be 61.8% and 76.0% fibo at 1908.00 and 1969.50 respectively. The key support is at 1721.65.
As we can see in the H1 chart, the first rising wave after convergence on MACD has reached 50.0% fibo and may later continue towards 61.8% and 76.0% fibo at 1829.35 and 1847.30 respectively. The key upside target is the current high at 1877.09, while the support is at 1752.50.
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.
USDCHF, “US Dollar vs Swiss Franc”
As we can see in the H4 chart, the asset is forming a wide sideways channel. After testing 61.8% fibo several times, the price has failed to reach 76.0% fibo at 0.9154. The pair’s future movement depends on a breakout of either support or resistance at 0.9085 and 0.9374 respectively.
In the H1 chart, after growing and reaching 61.8% fibo, USDCHF is falling towards the low at 0.9157. At the same time, there is convergence on MACD, which may hint at a reversal and a new growth to reach 76.0% fibo at 0.9322.
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.
- COT Metals Charts: Copper leads Metals Speculator Bets Higher Apr 26, 2026
- COT Bonds Charts: Speculator Bets led by 5-Year Bonds & Ultra 10-Year Bonds Apr 26, 2026
- COT Energy Charts: Weekly Speculator Bets led by Natural Gas Apr 26, 2026
- COT Soft Commodities Charts: SoyOil lead Speculator Bets Apr 26, 2026
- The Middle East conflict is already driving inflation higher across the world Apr 24, 2026
- Gold Falls Nearly 3.0% Over the Week Amid Geopolitical Pressure Apr 24, 2026
- The diplomatic deadlock between the US and Iran is undermining investors’ appetite for risk Apr 23, 2026
- EUR/USD Falls for Third Day as Geopolitics and Strong Dollar Dictate Terms Apr 23, 2026
- Negotiations between the US and Iran have failed. Oil prices are back above 90 dollars per barrel Apr 22, 2026
- USD/JPY Pulls Higher: Yen Doubts Bank of Japan Apr 22, 2026
