USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is expected to rebound from the 3/8 level and resume falling towards the support at the 0/8 one.
In the H1 chart, the pair may break the 5/8 level and continue trading downwards to reach the support at the 0/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD is expected to test the 3/8 level, rebound from it, and then resume moving downwards to reach the support at the 0/8 level.
As we can see in the H1 chart, the pair is trading above the 5/8 level and may continue trading upwards to reach the 7/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator again and, as a result, may continue moving upwards.
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.