Murrey Math Lines 11.07.2019 (USDCHF, GOLD)

2019-07-11 16:04    RoboForex

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF has rebounded from 3/8. In this case, the pair is expected to resume falling towards the support at 0/8. However, this scenario may no longer be valid if the instrument breaks 2/8. After that, the pair may start a new growth to reach the resistance at 4/8.

Murrey Math Lines 11.07.2019 (USDCHF, GOLD) Institution Opinions 1
Murrey Math Lines 11.07.2019 (USDCHF, GOLD) Institution Opinions 2

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.

Murrey Math Lines 11.07.2019 (USDCHF, GOLD) Institution Opinions 3
Murrey Math Lines 11.07.2019 (USDCHF, GOLD) Institution Opinions 4

XAUUSD, “Gold vs US Dollar”

In the H4 chart, XAUUSD is trading above 5/8. In this case, the price may continue growing towards the resistance at 7/8. However, this scenario may no longer be valid if the instrument breaks 5/8. After that, the pair may resume falling to reach the support at 3/8.


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 upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.

GOLD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GoldCHF

0 traders reviewed this item, please leave a reply!

Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.