Murrey Math Lines: NZD/USD, EUR/JPY

NZD/USD, "New Zealand Dollar vs US Dollar"

As we can see at the H4 chart, the NZD/USD pair reached the 3/8 level at 0.7263. The price is expected to rebound from this level and start growing towards the 5/8 one level at 0.7385.

NZDUSD

At the H1 chart, the price is trading close to the -2/8 level. If the instrument breaks the -1/8 level at 0.7293, it may grow to reach 0.7385.

NZDUSD

At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, move upwards to reach 0.7385.

NZDUSD

 

EURJPY, "Euro vs Japanese Yen"

At the H4 chart, the EUR/JPY pair is trying to stay above the 5/8 level. If the price fixes above 128.90, it may continue growing to reach the 8/8 level at 131.25.

EURJPY

If the price breaks the 3/8 level at 129.29 at the H1 chart, the instrument may continue moving upwards to reach 131.25.

EURJPY

At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing towards the 131.25.

EURJPY

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.