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Murrey Math Lines 27.06.2018 (USDJPY, USDCAD)

27.06.2018

USDJPY, “US Dollar vs. Japanese Yen”

In the H4 chart, USDJPY is expected to break the support at the 5/8 level and continue falling to reach the 3/8 one.

USDJPY1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the pair may rebound from the 3/8 level  and then continue trading towards the support at the 0/8 one.

USDJPY2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 108.98.

USDJPY3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD may grow to reach the 6/8 level, rebound from it, and then resume falling towards the support at the 4/8 one.

USDCAD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the price is expected to test resistance at the 8/8 level, rebound from it, and then resume trading towards the support at the 4/8 one

USDCAD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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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