Murrey Math Lines 30.11.2018 (EURUSD, GBPUSD)

30.11.2018

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD may break the 4/8 level and then continue growing towards the resistance at the 5/8 level.

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

In the H1 chart, the pair is trading above the 5/8 level and may continue growing to reach the resistance at the 8/8 one.

EURUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading upwards.

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

GBPUSD, “Great Britain Pound vs US Dollar”

In the H4 chart, GBPUSD is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.

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

As we can see in the H1 chart, the pair has broken the 3/8 level and fixed below it. In this case, the price may continue trading downwards to reach the support at the 0/8 level.

GBPUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

GBPUSD3
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. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.