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Murray Math Lines 22.07.2019 (EURUSD, GBPUSD)

22.07.2019

EURUSD

On H4 the instrument is trading in the oversold area. Currently, a breakthrough of 0/8 may lead to growth up to the resistance at 2/8. Until the price is trading below 0/8, there is a possibility that the pair may drop to the support at -1/8.

EURUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15 a breakthrough of the upper line of the VoltyChannel will enhance the possibility of growth to the resistance at 2/8 from H4.

EURUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD

On H4 the pair is trading in the consolidation range again. The price may still drop to the support at 3/8, The scenario may no longer be valid if the price breaks through 5/8, which may lead to growth up to 8/8.

GBPUSD_H4_Анализ уровней Мюррея
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15 the price is trading between the VoltyChannel lines. In case it breaks through the upper line, it may grow to the resistance at 8/8 from H4. Conversely, if the price break through the lower line, it may drop to the support at 3/8 from H4.

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.


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