USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF may break the 3/8 level and then continue growing to reach the resistance at the 4/8 one.
In the H1 chart, USDCHF may break the 3/8 level as well. In this case, the pair grow to break the 5/8 level and then continue trading upwards to reach the 8/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD is trading close to the 3/8 level. If the price rebounds from it, the instrument may resume trading downwards to reach the support at the 0/8 level.
In the H1 chart, the pair is trading below the 3/8 level and may continue falling towards the first target 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.
