Murrey Level Analysis for EUR/USD and GBP/USD: July 27, 2018

27 июля 2018 - Fx4News

EUR/USD

On H4, the EUR/USD pair is trading below the consolidation range below 3/8 level. Here we can expect the price to fall to the support at 1/8.

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

On H1, once 5/8 gets broken out, the price may fall down to the support at 3/8.

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 signals a likely further price fall.

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

GBP/USD

On H4, for GBP/USD the pullback from the resistance at 3/8 may lead to the price falling to the support at 1/8.

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

On H1, the price has left the overbought zone having broken out 8/8 level. This signals a highly likely further price fall to the support at 5/8.

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 further price fall.

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