Murray Math Lines 19.05.2017 (EUR/USD, GBP/JPY)

EUR USD "Euro vs US Dollar"

The EUR/USD pair is trying to hold under the H4 Super Trend line and 3/8 level. If the price manages to hold under that levels, a short-term movement towards the 2/8 level and daily Super Trend will be possible.

On the H1-chart the rebound from 7/8 level initiated a descending correction. Не исключено, что уже вскоре линии СуперТрендов образуют "медвежий крест". If this happens, the pair can possibly move down towards 4/8.

GBP JPY "Great Britain Pound vs Japanese Yen"

The cross keeps consolidating between the H4 Super Trend line and level 4/8. В краткосрочном плане вероятно снижение к уровню 3/8, пробой которого укажет на возможность дальнейшего продвижения пары к следующим нижним целям.

On H1-chart the level 0/8 supports the price heavily. That said, if the pair holds under the Super Trend lines in the course of the day, continuation of the descending movement will come into force. If the level -2/8 is broken through afterwards, the Murray analysis will be redrawn.