Murrey Level Analysis for EURUSD and GBPUSD: 18/3/2019

18.03.2019

EURUSD

On H4, the EURUSD broke out 3/8, which signals a likely price rise to 5/8.

EURUSD1
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, and confirm the price rise.

EURUSD2
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 signals a likely price rise.

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

GBPUSD

On H4, the GBP/USD is trading within a consolidation range. The price is likely to bounce off 5/8 and get down to 3/8.

GBPUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In case VoltyChannel bottom line is broken out on M15, the price will be more likely to go further down.

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.