Article By RoboForex.com
USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, after leaving the “oversold area”, USDCHF is moving at 2/8. In this case, the price is expected to break this level and then continue growing to reach the resistance at 3/8. However, this scenario may no longer be valid if the price breaks 1/8 to the downside. After that, the instrument may continue falling towards the support at 0/8.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, continue the ascending tendency.
Free Reports:
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD is moving not far from 7/8. In this case, the price is expected to break this level and continue falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks the support at 7/8 to the upside. After that, the instrument may continue growing towards the resistance at 8/8.
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 trading downwards to reach 6/8 from the H4 chart.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
By JustMarkets On Tuesday, the US stock indices closed in the green zone, continuing to…
By Analytical Department RoboForex EUR/USD is consolidating near 1.1532 on Wednesday, with markets adopting a…
By Analytical Department RoboForex GBP/USD is holding near 1.3315 on Tuesday. The pound posted a…
By ForexTime Risk aversion grips global stock markets Brent crude hovers around triple digits amid…
By JustMarkets On Monday, the US equity markets closed higher. By the end of the…
Belize City, Belize (16 March 2026) – RoboForex, a financial broker, has announced the launch…
This website uses cookies.