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Murrey Level Analysis for EUR/USD and GBP/USD: 21.09.2018

21.09.2018

EUR/USD

On H4, the EUR/USD is going up towards 2/8.

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

On M15, the upper VoltyChannel line has been broken out, which means an ascending trend is prevailing.

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

GBP/USD

On H4, we can expect GBP/USD to test 2/8, which may then lead to a bounce and a fall to 8/8.

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, thus confirming the H4 analysis.

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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