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Murrey Math Lines 19.02.2018 (EURUSD, GBPUSD)

19.02.2018

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is expected to continue falling towards the support at the 3/8 level.

EURUSD1
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.

In the H1 chart, EURUSD is consolidating between the 3/8 and 5/8 levels. If the pair breaks the 3/8 level, the pair may continue falling towards the 1/8 one.

EURUSD2
Risk Warning: the results 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 downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

EURUSD3Risk Warning: the results of previous trading operations do not guarantee the same results in the future.

GBPUSD, “Great Britain Pound vs US Dollar”

In the H4 chart, GBPUSD is expected to fall and reach the support at the 6/8 level.

GBPUSD1
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.

In the H1 chart, the pair may break the 5/8 level and continue falling towards the support at the 4/8 one.

GBPUSD2
Risk Warning: the results 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 downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

GBPUSD3
Risk Warning: the results of previous trading operations do not guarantee the same results in the future.

RoboForex Analytical Department

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.



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