Murrey Math Lines: USDJPY, USDCAD

RoboForex Team RoboForex

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is consolidating near the upside border of the range. In this case, the price is expected to rebound from the resistance at the 5/8 level and then continue falling to reach the support at the 3/8 one.

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

In the H1 chart, the price may break the 5/8 level and continue falling trading to the downside to reach the support at 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 downside line of the VoltyChannel indicator and, as a result, continue moving downwards.

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

USDCAD, “US Dollar vs Canadian Dollar” In the H4 chart,

USDCAD may break the 2/8 level and then continue falling towards the support at the 0/8 one.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future In the H1 chart,

EURUSD is consolidating between the 3/8 and 5/8 levels. If the price breaks the downside border of the range, it may continue falling towards the support at the 0/8 level.

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.

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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