RoboForex - Analytics

RoboForex

906.25 5.25/10
77% of positive reviews
Real
How to join the service?

Murrey Level Analysis forUSD/JPY and USD/CAD: July 18, 2018

18.07.2018

USD/JPY

On H4, USD/JPY is expected to test 1/8, after which a pullback and a fall to 8/8 may occur.

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

On H1, he price may fall after the support at 1/8 is broken out. The target of such a fall may be located at 8/8.

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

USD/CAD

On H4, the USD/CAD is trading within a consolidation range between 3/8 and 5/8. Now, once 5/8 gets broken out, the price may rise further to reach the resistance at 7/8.

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

On H1, the price is overbought, and may start falling once 8/8 gets broken out. The target of this fall may lie at 5/8, which is the support.

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.


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