Murrey Math Lines 03.08.2018 (EURUSD, GBPUSD)

3 августа 2018 - Fx4News

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is expected to continue towards the support at the 0/8 level.

EURUSD1
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 0/8 level and then continue growing towards the resistance at the 3/8 one.

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

 

GBPUSD, “Great Britain Pound vs US Dollar”

In the H4 chart, GBPUSD may break the 1/8 level and continue falling towards the support at the 0/8 level.

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

In the H1 chart, the price is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.

GBPUSD2
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.

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