Murrey Math Lines 12.07.2018 (USDCHF, GOLD)

2018-07-12 16:02    RoboForex

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is expected to continue growing to reach the resistance at the 8/8 level.

Murrey Math Lines 12.07.2018 (USDCHF, GOLD) Institution Opinions 1
Murrey Math Lines 12.07.2018 (USDCHF, GOLD) Institution Opinions 2

In the H1 chart, the pair is consolidating between the 3/8 and 5/8 levels. Later, the price may break the 5/8 level and then continue trading upwards to reach the resistance at the 8/8 one.

Murrey Math Lines 12.07.2018 (USDCHF, GOLD) Institution Opinions 3
Murrey Math Lines 12.07.2018 (USDCHF, GOLD) Institution Opinions 4

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.

Murrey Math Lines 12.07.2018 (USDCHF, GOLD) Institution Opinions 5
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 is trading inside the “oversold zone”. The price may rebound from the -1/8 level and resume growing towards the resistance at the 0/8 one.

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

In the H1 chart, the price may break the 2/8 level and then continue falling 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

GoldCHF

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