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