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Murrey Math Lines 24.05.2018 (USDCHF, GOLD)

24.05.2018

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF may break the 2/8 level and then continue growing towards the resistance at the 3/8 one.

USDCHF1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the H1 chart, the price may break the 6/8 level and the continue trading upwards to reach the resistance at the 8/8 one.

USDCHF2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.

USDCHF3
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 rebound from the resistance at the 3/8 level and then move downwards to reach the support at the 1/8 one.

GOLD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the H1 chart, the price may break the 5/8 level and may resume falling towards the support at the 3/8 one.

GOLD2
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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