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Murrey Math Lines 28.11.2018 (USDJPY, USDCAD)

28.11.2018

USDJPY, “US Dollar vs. Japanese Yen”

In the H4 chart, USDJPY is expected to continue growing into the “overbought zone” towards the 1/8 level.

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

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.

USDJPY2
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 is trading above the 5/8 level and may continue growing towards the resistance at the 8/8 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 may break the 5/8 level and then continue trading upwards to reach the resistance at the 8/8 one.

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

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.

USDCAD3
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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