RoboForex - Analytics

RoboForex

908.00 5.50/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 11.12.2018 (AUDUSD, NZDUSD)

11.12.2018

AUDUSD, “Australian Dollar vs US Dollar”

In the H4 chart, AUDUSD is expected to test the 7/8 level, rebound from it, and then resume falling towards the support at the 5/8 one.

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

As we can see in the H1 chart, the pair is no longer trading inside the “oversold zone” and may continue growing towards the 3/8 level.

AUDUSD2
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.

AUDUSD3
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 inside the “overbought zone”. In this case, the price may break the 8/8 level and continue falling towards the support at the 7/8 one.

NZDUSD1
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 downside line of the VoltyChannel indicator and, as a result, continue falling.

NZDUSD2
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