Murrey Math Lines 22.03.2018 (USDCHF, GOLD)

22.03.2018

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF may break the 3/8 level and then continue falling towards the support at the 0/8 one.

USDCHF1
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 has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

USDCHF2
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 may break the 2/8 level and continue falling towards the support at the 1/8 one.

GOLD1
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 may break the 4/8 level and then continue moving downwards to reach the 2/8 one.

GOLD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

RoboForex Analytical Department

 

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.