Murrey Level Analysis for EUR/USD and GBP/USD: 28.09.2018

28 сентября 2018 - Fx4News

EUR/USD

On H4, the EUR/USD has left the overbought territory and may go down to the support at 6/8.

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

On H1, the price is under the consolidation range, which means further fall to the support at 0/8 is possible.

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

On M15, the lower VoltyChannel line has been broken out, which means a downtrend trend is prevailing.

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

GBP/USD

On H4, 6/8 breakout may lead to the GBP/USD price fall to 5/8.

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

H1 charts show the same Murrey levels as H4, thus confirming the fall on H4.

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

On M15, the lower VoltyChannel line has been broken out, which signals a likely price fall.

GBPUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future