Murrey Math Lines 24.01.2019 (USDCHF, GOLD)

24 января 2019 - Fx4News

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is expected to fall towards the support at the 5/8 level.

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

The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.

USDCHF2
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 downside line of the VoltyChannel indicator and, as a result, may 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 may break the 6/8 level and then continue trading downwards to reach the support at the 5/8 one.

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

However, in the H1 chart the pair may rebound from the 0/8 level and, as a result, continue growing towards the resistance at the 3/8 one.

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