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