1. XAU/USD

keeps correcting in an uptrend. The pair has formed several reversal patterns, including a “Hammer”, at the lower border of the channel. The working-off of the patterns may lead to the continuation of the ascending dynamics. The goal of the growth is near 2000.00. However, the pair may still decline to 1900.00.

XAUUSD

2. NZD/USD

On H4, the pair keeps correcting in an uptrend. Near the support level, it has formed several reversal patterns, including a “Hammer”. As long as the correction is almost over, and the preceding ascending impulse was rather strong, the working-off of the signals may bring the price to 0.6715. However, the quotations may skip the signals and decline to 0.6588.

NZDUSD

3. GBP/USD 

On H4, the pair keeps declining. It has formed several reversal pattern, including a “Doji”. As long as the pound is coming down swiftly, it is unlikely that we will see the patterns worked off. A bit later the pair may correct a little but go on declining, aiming at 1.2890. However, the price may still grow to 1.3110.

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.





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