Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD)

2019-02-11 18:00    RoboForex

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD is still trading below the 3/8 level and may continue falling towards the support at the 0/8 one.

Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD) Institution Opinions 1
Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD) Institution Opinions 2

In the H1 chart, the pair may break the 3/8 level and continue its decline to reach the support at the 0/8 one.

Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD) Institution Opinions 3
Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD) Institution Opinions 4

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.

Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD) Institution Opinions 5
Murrey Math Lines 11.02.2019 (EURUSD, GBPUSD) Institution Opinions 6

GBPUSD, “Great Britain Pound vs US Dollar”

In the H4 chart, GBPUSD is expected to continue falling towards the closest support at the 5/8 level.


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

As we can see in the H1 chart, the pair is consolidating. In the future, the price may break the 3/8 level and 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

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.

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

EURGBP

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