Murrey Level Analysis for EUR/USD and GBP/USD: Sep 17, 2018

17.09.2018

EUR/USD

On H4, 7/8 breakout may lead to the EUR/USD price rising till 8/8.

EURUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, the price bounced off the support at 5/8, and now is likely to reach the 8/8 resistance.

EURUSD2
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 rise.

EURUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBP/USD

On H4, the GBP/USD bounced off 6/8, while we can expect the price to rise to the 8/8 resistance.

GBPUSD1
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, which confirms the possible rise.

GBPUSD2
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.