RoboForex - Analytics

RoboForex

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

Murrey Math Lines 06.09.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar”

On H4, AUDUSD quotes are in the oversold area. Currently, the level of 0/8 is expected to be taken, followed by growth to the resistance level of 1/8. The scenario can be cancelled by a breakaway of the support level of -1/8 downwards. In this case, the pair is likely to continue falling and might drop to -2/8.

Murrey Math Lines 06.09.2022 AUDUSDH4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, growth can be supported by a breakaway of the upper border of the VoltyChannel indicator.

Murrey Math Lines 06.09.2022 AUDUSD_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 quotes are under the 200-day Moving Average, which indicates prevalence of the downtrend. Currently, we should expect a test of 3/8, followed by a breakaway of it and falling to the support level of 2/8. The scenario can be cancelled by a breakaway of the resistance level of 5/8 upwards. This will signal growth to 6/8.

Murrey Math Lines 06.09.2022 NZDUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, a breakaway of the lower border of VoltyChannel will increase the probability of further price falling.

Murrey Math Lines 06.09.2022 NZDUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future


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