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Murrey Math Lines 27.12.2018 (USDCHF, GOLD)

27.12.2018

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is expected to continue falling into the “oversold zone” to reach the -1/8 level.

USDCHF1
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 5/8 level and continue falling towards the support at the 3/8 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 downside line of the VoltyChannel indicator and, as a result, continue moving downwards.

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, XAUUSD is longer trading inside the “overbought zone”. In this case, it is expected to break the support at the 1/8 level and then continue trading downwards to reach the 8/8 one.

GOLD1
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 continue falling to reach the 5/8 one. In case this level is broken as well, the next target will be the support at the 4/8 one.

GOLD2
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 downside line of the VoltyChannel indicator again and, as a result, may continue moving downwards.

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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