{"id":110165,"date":"2017-08-02T07:35:36","date_gmt":"2017-08-02T11:35:36","guid":{"rendered":"http:\/\/countingpips.com\/?p=110165"},"modified":"2017-08-02T05:49:23","modified_gmt":"2017-08-02T09:49:23","slug":"murrey-math-lines-02-08-2017-eurusd-gbpusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/08\/murrey-math-lines-02-08-2017-eurusd-gbpusd\/","title":{"rendered":"Murrey Math Lines 02.08.2017 (EUR\/USD, GBP\/USD)"},"content":{"rendered":"
August 2, 2017<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EUR USD, \u201cEuro vs. US Dollar\u201d<\/strong><\/p>\n

At the H4 chart, the EUR\/USD pair is still trading inside the \u201coverbought zone\u201d close to the resistance at the\u00a0+1\/8<\/strong>level at\u00a01.1840<\/em>. If the price rebounds from this level, it may fall towards\u00a01.1352<\/em>.<\/p>\n

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At the H1 chart, the pair is trading between the\u00a05\/8<\/strong>\u00a0and\u00a06\/8<\/strong>\u00a0levels. If the instrument breaks the\u00a05\/8<\/strong>\u00a0one at\u00a01.1779<\/em>, the price may move downwards to reach\u00a01.1352<\/em>.<\/p>\n

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At the M15 chart, the price may break the downside line of the VoltyChannel indicator and, as a result, start a new decline.<\/p>\n

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GBP USD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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As we can see at the H4 chart, the GBP\/USD pair hasn\u2019t been able to decide where to move since yesterday. Right now, the price may fall towards\u00a01.3000<\/em>. A significant level to be broken is the\u00a08\/8<\/strong>\u00a0one at 1.3183. If the price breaks the\u00a0+1\/8<\/strong>\u00a0level at\u00a01.3244<\/em>, it may continue growing to break the\u00a0+2\/8<\/strong>\u00a0one. in this case, the levels at the chart will be redrawn.<\/p>\n

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At the H1 chart, the price is also trading inside the resistance area above the\u00a08\/8<\/strong>\u00a0level (1.3183<\/em>). If the price breaks it, the pair may move downwards to reach\u00a01.3000.<\/em><\/p>\n

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At the M15 chart, the pair broke the downside line of the VoltyChannel indicator. If the price breaks\u00a01.3183<\/em>, it may continue falling towards\u00a01.3000<\/em>.<\/p>\n

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RoboForex Analytical Department<\/strong><\/p>\n

<\/strong><\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com EUR USD, \u201cEuro vs. US Dollar\u201d At the H4 chart, the EUR\/USD pair is still trading inside the \u201coverbought zone\u201d close to the resistance at the\u00a0+1\/8level at\u00a01.1840. If the price rebounds from this level, it may fall towards\u00a01.1352. At the H1 chart, the pair is trading between the\u00a05\/8\u00a0and\u00a06\/8\u00a0levels. If the instrument breaks […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-110165","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/110165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=110165"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/110165\/revisions"}],"predecessor-version":[{"id":110166,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/110165\/revisions\/110166"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=110165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=110165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=110165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}