RoboForex - Analytics

RoboForex

916.00 5.50/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 01.07.2019 (EURUSD, GBPUSD)

01.07.2019

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is still trading at 6/8. If the price rebounds from this level, it may continue growing to reach the resistance at 8/8. Otherwise, the instrument may break it and then continue moving downwards to reach the support at 4/8.

EURUSD_H4_Анализ уровней Мюррея
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 downside line of the VoltyChannel indicator and, as a result, may continue trading downwards.

EURUSD_M15_Анализ уровней Мюррея
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, GBPUSD is trading at 0/8. In this case, the pair may resume growing to reach the resistance at 2/8. However, this scenario may no longer be valid if the price breaks 0/8. After that, the instrument may resume moving downwards to reach the support at -1/8.

GBPUSD_H4_Анализ уровней Мюррея
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 trading upwards.

GBPUSD_M15_Анализ уровней Мюррея
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