Murrey Math Lines 25.02.2019 (EURUSD, GBPUSD)

25 февраля 2019 - Fx4News

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is still expected to fall 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

As we can see in the H1 chart, the pair rebounded from the resistance level yesterday and may start a new decline to reach the support at the 3/8 level.

EURUSD2
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 trading downwards.

EURUSD3
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 rebounded from the support at the 5/8 level last Friday and may resume growing towards the resistance at the 8/8 one.

GBPUSD1
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 upside line of the VoltyChannel indicator and, as a result, continue moving upwards.

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