Murrey Level Analysis for USD/CHF and GOLD: 20.09.2018
USD/CHF
On H4, USD/CHF is trading below the consolidation range and may go down to the support at 1/8.
On H1, the price may bounce off 5/8, which, if this is the case, will push the pair lower to 2/8.
On M15, the VoltyChannel breakout may make the price go lower to reached 0.9582.
Gold
On H4, gold is trading above the consolidation range, and is likely to continue rising to reach the resistance at 8/8.
On H1, the price is inside the consolidation range, where the 5/8 breakout may push the price forward to the resistance at 8/8.
On M15, the upper VoltyChannel line has been broken out, which means an ascending trend is prevailing.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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