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Murrey Math Lines 15.03.2018 (USDCHF, GOLD)

15.03.2018

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF may break the 3/8 level and then resume growing towards the resistance at the 4/8 one.


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

In the H1 chart, the pair may break the 6/8 level and then grow towards the resistance at the 8/8 one. However, the price may yet test the 5/8 level, rebound from it, and only then resume growing towards the 8/8 one.


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 may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.


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 is expected to break the 2/8 level and continue growing towards the resistance at the 3/8 one.


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

The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.


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 may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.


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.


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