Murrey Math Lines 04.10.2018 (USDCHF, GOLD)

4 октября 2018 - Fx4News

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF is trading above the 5/8 level. In this case, the price is expected to continue growing to reach the 8/8 level.

USDCHF1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.

USDCHF2
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, the pair is expected to test the 5/8 level, rebound from it, and then resume trading upwards to reach the resistance at the 7/8 one.

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

In the H1 chart, XAUUSD may break the 2/8 level and then continue its decline towards the support at the 0/8 one.

GOLD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future