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Murrey Math Lines: USDJPY, USDCAD

Written RoboForex Team | 2018-02-14 03:34:04 GMT

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

USDJPY

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

The lines in the H4 and H1 charts are completely the same and confirm the scenario described above: the price may continue falling to reach the 0/8 level.

USDJPY

Risk Warning: the results 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.

USDJPY

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

USDCAD, “US Dollar vs Canadian Dollar”

In the H4 chart, USDCAD is expected to continue growing towards the resistance at the 8/8 level.

USDCAD

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

In the H1 chart, the pair may break the 6/8 level and then continue moving upwards to reach the resistance at the 8/8 one.

USDCAD

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

As we can see in the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards with the target at 1.2695.

USDCAD

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

Author

RoboForex Team
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