RoboForex - Analytics

RoboForex

863.75 5.25/10
80% of positive reviews
Real
How to join the service?

Murrey Math Lines 09.11.2021 (AUDUSD, NZDUSD)

09.11.2021

AUDUSD, “Australian Dollar vs US Dollar”

On H4, the quotations have bounced off 5/8 and are trading below it. In such circumstances, we expect a test of 6/8, a breakaway, and growth to the resistance level of 7/8. This scenario can be canceled by a breakaway of 5/8 downwards. In this case, the quotations might fall to the support level of 4/8.

USDCHFH4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, a breakaway of the upper border of VoltyChannel will become an additional signal, supporting growth.

USDCHF_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

On H4, the quotations are trading above the 200-days Moving Average, which indicates an uptrend. In this case, we should expect growth to the resistance level of 6/8. The scenario can be canceled by a breakaway of 5/8 downwards. This might bring the pair down to the support level of 4/8.

NZDUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, the upper border of VoltyChannel is broken. This means the uptrend is prevailing and further growth of the price is very probable.

NZDUSD_M15
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