Murrey Math Lines 13.12.2018 (USDCHF, GOLD)
USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is expected to test he 0/8 level, rebound from it, and then resume growing to reach the resistance at the 3/8 one.
In the H1 chart, the pair may break the 3/8 level and continue falling towards support at the 0/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD may break the 7/8 level and continue trading downwards to reach the support at the 6/8 one.
In the H1 chart, the scenario is a bit different. The pair may grow towards the resistance at the 8/8 level, rebound from it, and then resume falling to reach the 4/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
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.