USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is expected to fall towards the support at the 5/8 level.
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD may break the 6/8 level and then continue trading downwards to reach the support at the 5/8 one.
However, in the H1 chart the pair may rebound from the 0/8 level and, as a result, continue growing towards the resistance at the 3/8 one.
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.