Murrey Level Analysis for AUD/USD and NZD/USD: 25.09.2018

25.09.2018

AUD/USD

On H4, the AUD/USD is trading below the consolidation range and may go down to the support at 2/8.

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

On M15, the lower VoltyChannel line has been broken out, which signals a likely price fall.

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

NZD/USD

On H4, the NZD/USD is trading below the consolidation range. 5/8 may get tested, after which the price is likely to bounce back and get up to the resistance at 8/8.

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

H1 charts show the same Murrey levels as H4, so the possible move to 0.6713 is confirmed.

NZDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In case VoltyChannel upper line is broken out on M15, the price will be likely to further rise.

NZDUSD3
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.