Murrey Math Lines: USDCHF, Gold
|USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF may break the 7/8 level and then continue growing to reach the resistance at the 8/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
As we can see in the H1 chart, the pair has broken the 5/8 level and is no longer consolidating. Later, the price is expected to continue moving upwards to reach the resistance at the 8/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD is consolidating at the 5/8 level. The instrument is expected to rebound from this level and resume falling towards the 3/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
As we can see in the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
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