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Murrey Level Analysis for EUR/USD and GBP/USD: Sep 17, 2018

17.09.2018

EUR/USD

On H4, 7/8 breakout may lead to the EUR/USD price rising till 8/8.

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

On H1, the price bounced off the support at 5/8, and now is likely to reach the 8/8 resistance.

EURUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In case VoltyChannel upper line is broken out on M15, the price will be likely to rise.

EURUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBP/USD

On H4, the GBP/USD bounced off 6/8, while we can expect the price to rise to the 8/8 resistance.

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

H1 charts show the same Murrey levels as H4, which confirms the possible rise.

GBPUSD2
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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