RoboForex - Analytics

RoboForex

906.75 5.50/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 06.11.2018 (AUDUSD, NZDUSD)

06.11.2018

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is consolidating. In this case, the pair is expected to test the resistance at the 5/8 level, rebound from it, and then resume falling towards the support at the 3/8 one.

AUDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.

AUDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

As we can see in the H4 chart, NZDUSD is trading above the 5/8 level and may continue growing towards the resistance at the 8/8 one.

NZDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.

NZDUSD2
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 upside line of the VoltyChannel indicator and, as a result, continue moving upwards.

NZDUSD3
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