Article By RoboForex.com
USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is approaching the “overbought area”. In this case, the price is expected to test 8/8, rebound from it, and then resume falling to reach the support at 6/8. Still, this scenario may no longer be valid if the price breaks 8/8 to the upside. After that, the instrument may grow towards the resistance at +1/8.
As we can see in the M15 chart, the downside line of the VoltyChannel indicator is pretty far away from the price, that’s why the pair may resume falling only after rebounding from 8/8 from the H4 chart.
Free Reports:
XAUUSD, “Gold vs US Dollar”
In the H4 chart, after rebounding from the support at 0/8, XAUUSD is trading above it. In this case, the price is expected to break 1/8 and then continue the correction to reach the resistance at 2/8. However, this scenario may no longer be valid if the price rebounds from 1/8. After that, the instrument may reverse and fall 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, may continue moving upwards.
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 Wednesday, the U.S. stock market declined. By the end of the day,…
By Brian Jay Tang, University of Michigan and Kang G. Shin, University of Michigan Hundreds…
Belize City, Belize, April 29, 2026 – Financial broker RoboForex has expanded its CFD offering with…
By Maximilian Brichta, University of Virginia Once seen as often dry and sometimes intimidating, personal…
By JustMarkets On Tuesday, the US stock market declined. By the end of the day,…
By Analytical Department RoboForex EUR/USD is slightly lower on Wednesday, trading with minimal movement around…
This website uses cookies.