USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is trading below the 3/8 level and may continue falling to reach the support at the 0/8 one.
In the H1 chart, the pair is consolidating. In this case, the price may break the 3/8 level and continue falling towards support at the 0/8 one.
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.
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD may break the 7/8 level and continue trading upwards to reach the resistance at the 8/8 one.
In the H1 chart, the pair is trading above the 5/8 level and may continue growing towards the resistance level at the 8/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
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.