Murrey Math Lines: USD/CHF, Gold

RoboForex Team RoboForex

USDCHF, "US Dollar vs Swiss Franc"

In the H4 chart, USDCHF is expected to break the 5/8 level and then continue falling towards the support at the 3/8 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 is trading below the 3/8 level. In this case, the price is expected to continue moving downwards to reach the support at the 0/8 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 downside line of the VoltyChannel indicator and, as a result, continue trading downwards.

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

XAUUSD, "Gold vs US Dollar"

As we can see in the H4 chart, XAUUSD is trading above the 5/8 level and may 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

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.

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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