USDCHF, “US Dollar vs Swiss Franc”
As we can see in the H4 chart, USDCHF is moving downwards. In this case, the price is expected to rebound from 3/8 and then resume falling to reach the support at 1/8. However, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may reverse and resume growing towards the resistance at 5/8.
In the M15 chart, the pair is moving pretty far away from the downside line of the VoltyChannel indicator and, as a result, may continue the descending tendency only after rebounding from 3/8 from the H4 chart.
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD is moving upwards. In this case, the price is expected to rebound from 2/8 and resume growing to reach the resistance at 4/8. However, this scenario may no longer be valid if the price breaks 2/8 to the downside. After that, the instrument may continue falling towards the support at 1/8.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.
