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Murrey Math Lines 13.09.2018 (USDCHF, GOLD)

13.09.2018

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF is trading below the 3/8 level. In this case, the price is expected to break the 3/8 level and resume growing to reach the 4/8 one.

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

In the H1 chart, the price may possibly move upwards towards the resistance at the 8/8 level in case it breaks the 5/8 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 growing to reach 0.9765.

USDCHF3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the pair is trading above the 5/8 level and may continue trading upwards to reach the resistance at the 6/8 one.

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

In the H1 chart, XAUUSD is consolidating between the 3/8 and 5/8 levels. In this case, the price is expected to break the upside border of the range and grow towards the resistance at the 8/8 level.

GOLD2
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 has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.

GOLD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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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