USDCHF, “US Dollar vs Swiss Franc”
On H4, the quotes are under the 200-day Moving Average, revealing the prevalence of a downtrend. The RSI is approaching the resistance line. In this situation, a further decline to the nearest support at 0/8 (0.8789) is expected. The scenario can be canceled by rising above the resistance at 2/8 (0.9033). In this case, the pair may climb to 3/8 (0.9155).
On M15, a breakout of the lower lie of the VoltyChannel indicator will increase the probability of a decline to the support at 0/8 (0.8789) on H4.
XAUUSD, “Gold vs US Dollar”
On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI has rebounded from the support line. In these circumstances, the quotes are expected to rise above 8/8 (2000.00) and grow on to +1/8 (2031.25). The scenario can be canceled by a downward breakout of the support at 7/8 (1968.75), which might lead to a trend reversal and a decline to 6/8 (1937.50).
On M15, an additional signal confirming the growth can be a breakout of the upper border of VoltyChannel.
