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Murrey Math Lines 10.09.2020 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc”

On H4, the quotations keep trading between 6/8 and 5/8. We expect the price to test 5/8, bounce off the level, and grow to the resistance at 6/8. The scenario may be canceled by a breakaway of 5/8 downwards, which may bring the price down to the support at 4/8.

Murrey Math Lines 10.09.2020 (USDCHF, GOLD) USDCHF_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, a breakaway of the upper border of VoltyChannel will again confirm probable growth.

Murrey Math Lines 10.09.2020 (USDCHF, GOLD) USDCHF_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

On H4, the quotations broke through 7/8 and are trading above this level. This marks high probability of further growth to the resistance at 8/8. The scenario might be canceled by a breakaway of 7/8 downwards, which may provoke further falling to the support at 6/8.

Murrey Math Lines 10.09.2020 (USDCHF, GOLD) XAUUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, the upper border of VoltyChannel is broken through, which increases the probability of the growth.

Murrey Math Lines 10.09.2020 (USDCHF, GOLD) XAUUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future


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