Murrey Level Analysis for EURUSD and GBPUSD: 25/03/2019

25.03.2019

EURUSD

On H4, the EURUSD is consolidating and may head down to 0/8.

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, thus confirming the prediction mentioned above.

EURUSD2
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 means a downtrend is prevailing.

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 still trading within a consolidation range and may go down to the support at 5/8.

GBPUSD1
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 makes the price rise even more likely.

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.