Market Technical Analysis by RoboForex

[Sangylee]

On M15, I’d feel a lot better about the move if price actually breaks above the upper VoltyChannel. That’s usually the point where the push stops looking like noise and starts showing real momentum. In fast markets those confirmations matter a lot, especially when execution timing is everything. Part of why I’ve been leaning toward Afterprime lately.

 

[Sangylee]

Murrey Math Lines 21.03.2024 (USDCHF, XAUUSD)

USDCHF, "US Dollar vs Swiss Franc"
USDCHF quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has rebounded from the support line. In this situation, the price is expected to rebound from the 5/8 (0.8850) level and rise to the resistance at 6/8 (0.8911). The scenario could be cancelled by breaking below the support at 4/8 (0.8789), which could lead to a trend reversal, pushing the pair down to 3/8 (0.8728).

View attachment 12295

On M15, the upper line of the VoltyChannel is too far away from the current price, so a rebound from the 5/8 (0.8850) level on H4 will signal a price rise.

View attachment 12296

XAUUSD, "Gold vs US Dollar"
Gold quotes are above the 200-day Moving Average on H4, which indicates a prevailing uptrend. The RSI has reached the overbought area. In this situation, the price is expected to test the 6/8 (2187.50) level and rebound from it, rising to the resistance at 8/8 (2250.00). The scenario could be cancelled by a breakout of the 6/8 (2187.50) level. In this case, Gold quotes might decline to the support at 4/8 (2125.00).

View attachment 12297

Read more - Murrey Math Lines (USDCHF, XAUUSD)

Attention!
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.

Sincerely,
The RoboForex Team

Clean structure on this one. Price respected the mid-range levels pretty well before pushing back into the upper bands, and that RSI bounce is starting to look like momentum wants another leg higher. The 2187 zone looks important though, that’s where things either accelerate or fake everyone out fast.
Part of why execution matters more than prediction sometimes. A clean setup means nothing if spreads, fills, or slippage wreck the entry. That’s honestly one thing I’ve appreciated with Afterprime lately, especially during volatile sessions.


A-Book Forex Broker | Afterprime

 

[RoboForex Team]

EURUSD weekly forecast: geopolitics and data in focus

The EURUSD pair begins the week of 11–15 May near 1.1735 and appears subdued after a corrective rebound. Demand for safe-haven assets is supported by geopolitical factors, but without a pronounced imbalance.

Technical outlook

The EURUSD daily chart shows that the market has been in a steady uptrend since the end of 2025 and reached a local peak around 1.2000–1.2100 in January. This was followed by a reversal and a gradual decline, which evolved into a broader correction.

The EURUSD pair ended the week around 1.1735.

Read more - EURUSD Forecast

Attention!
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.

Sincerely,
The RoboForex Team