RoboForex - Analytics

RoboForex

893.25 5.25/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 21.05.2018 (EURUSD, GBPUSD)

21.05.2018

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD may test the 0/8 level, rebound from it, and then resume growing towards the 1/8 one.

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

In the H1 chart, the pair is expected to test the support at the 0/8 level, rebound from it, and then grow to reach the resistance at the 3/8 one.

EURUSD2
Risk Warning: the result 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 may break the 2/8 level and then continue falling towards the 1/8 one.

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

As we can see in the H1 chart, the pair may move upwards to reach resistance at the 3/8 level in case it breaks the 1/8 one.

GBPUSD2
Risk Warning: the result 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.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree