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Murrey Math Lines 10.10.2017 (USD/CHF, USD/JPY)

10.10.2017

USD CHF, “US Dollar vs Swiss Franc”

At the H4 chart, the USD/CHF pair is trading above the 8/8 level at 0.9765. If the price breaks this level, it may resume moving downwards to reach the 5/8 one at 0.9582.

USDCHF1

As we can see at the M15 chart, the pair has broken he downside line of the VoltyChannel indicator and, as a result, may continue falling towards 0.9765.

USDCHF2

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart, the USD/JPY pair is trading close to the 8/8 level at 112.50. Yesterday, the price failed to break this level. So, if the pair finally breaks t, the instrument may resume falling towards the 5/8 one at 109.37.

 USDJPY1

As we can see at the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue falling. However, the key level to break is 112.50.

USDJPY2

 

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.


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