Murrey Math Lines: EURUSD, GBPUSD

RoboForex Team RoboForex

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD has broken the 0/8 level and is no longer trading inside the “oversold zone”. If later the price breaks the 1/8 level, the instrument may grow towards the resistance at the 2/8 one.

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

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing towards 1.1962.

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

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, GBPUSD is trading inside the “oversold zone”. If later the price breaks the -1/8 level, it may continue growing to reach the 0/8 one.

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

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing towards 1.3671.

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

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RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

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