XAU/USD

keeps developing an uptrend, working off the signal of a “Hammer” reversal pattern. At the moment, the quotations have returned into the ascending channel. The aim of growth is near 2030.00. However, the price may still decline to 1935.00.

GOLD

NZD/USD

On H4, the pair keeps developing an uptrend. Near the resistance line, the pair has formed several reversal patterns, including a “Shooting star”. As long as the ascending impulse is so strong, working off the signals of the patterns may entail a small correction before the growth resumes. The goal of the growth is currently 0.6800 where the next resistance level lies.

NZDUSD

GBP/USD

On H4, the uptrend keeps developing. The pair broke away the resistance level and escaped the ascending channel. Then a small correction might follow, after which the quotations will resume the growth. The next goal of the developing uptrend is 1.3485. However, the quotations may still decline to 1.3265.

GBPUSD

Disclaimer: Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link