Murray Math Lines: USD/CHF, Gold

RoboForex Team RoboForex

USDCHF

On H4 the instrument has bounced off 2/8, which makes declining to the support at 0/8 highly possible. The scenario may no longer be valid if the price breaks through 2/8, which may lead to growth up too the resistance line at 4/8.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15 the lower line of the VoltyChannel is broken through, which signifies predominance of a descending trend, increasing the possibility of further decline.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Gold

On H4 the instrument is consolidating, which suggests high probability of growth to the resistance at 7/8. The scenario may no longer be valid if 5/8 is broken through, which may lead the instrument drop to the support line at 3/8.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15 the upper line of the VoltyChannel is broken, which enhances the probability of further growth.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

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