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Murrey Math Lines 04.04.2019 (USDCHF, GOLD)

04.04.2019

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.

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 trading downwards to reach the support at the 0/8 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”

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.

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

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.

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 upside line of the VoltyChannel indicator again 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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