Murrey Level Analysis for AUDUSD and NZDUSD: 19/3/2019

19.03.2019

AUDUSD

On H4, the AUDUSD is trading within a consolidation range between 3/8 and 5/8. while we can expect the price to rise to the resistance at 5/8.

AUDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, the price is above the consolidation range, which means it is likely to continue rising.

AUDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, the upper VoltyChannel line has been broken out, which means an ascending trend is prevailing.

AUDUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD

On H4, the NZDUSD is trading within a consolidation range, where the 5/8 breakout may push the price forward to the resistance at 8/8.

NZDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, however, the price is overbought, which means it may start going down once 8/8 gets hit, aiming for the support at 6/8.

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. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.

The material presented and the information contained herein is intended for our customers, and is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.