{"id":161084,"date":"2019-12-04T09:15:23","date_gmt":"2019-12-04T14:15:23","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=161084"},"modified":"2019-12-04T06:43:50","modified_gmt":"2019-12-04T11:43:50","slug":"murrey-math-lines-04-12-2019-usdjpy-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/murrey-math-lines-04-12-2019-usdjpy-usdcad\/","title":{"rendered":"Murrey Math Lines 04.12.2019 (USDJPY, USDCAD)"},"content":{"rendered":"<div id=\"inves-2769915041\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 4, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p><strong>USDJPY, \u201cUS Dollar vs. Japanese Yen\u201d<\/strong><\/p>\n<p>In the H4 chart, USDJPY is consolidating. In this case, the price is expected to test the support at <strong>3\/8<\/strong>, rebound from it, and then resume growing to reach the resistance at <strong>5\/8<\/strong>. However, this scenario may no longer be valid if the price breaks <strong>3\/8<\/strong> to the downside. After that, the instrument may start a new decline towards the support at <strong>1\/8<\/strong>.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2019\/Murrey\/december\/04\/1.PNG\" alt=\"USDJPY_H4\" \/><br \/>\n<img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/bundles\/roboforecast\/images\/risk-warning\/en.png\" alt=\"Risk Warning: the result of previous trading operations do not guarantee the same results in the future\n\" \/><\/p>\n<p>As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, correct upwards to reach <strong>5\/8<\/strong> from the H4 chart.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2019\/Murrey\/december\/04\/3.PNG\" alt=\"USDJPY_M15\" \/><br \/>\n<img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/bundles\/roboforecast\/images\/risk-warning\/en.png\" alt=\"Risk Warning: the result of previous trading operations do not guarantee the same results in the future\n\" \/><\/p>\n<p><strong>USDCAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/strong><\/p>\n<p>As we can see in the H4 chart, USDCAD is moving between <strong>5\/8<\/strong> and <strong>6\/8<\/strong>. In this case, the pair may break <strong>6\/8<\/strong> and then continue growing to reach the resistance at <strong>8\/8<\/strong>. However, this scenario may no longer be valid if the price breaks the support at <strong>5\/8<\/strong>. After that, the instrument may continue falling towards <strong>3\/8<\/strong>.<\/p><div id=\"inves-4234925487\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>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><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2019\/Murrey\/december\/04\/4.png\" alt=\"USDCAD_H4\" \/><br \/>\n<img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/bundles\/roboforecast\/images\/risk-warning\/en.png\" alt=\"Risk Warning: the result of previous trading operations do not guarantee the same results in the future\n\" \/><\/p>\n<p>In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2019\/Murrey\/december\/04\/6.png\" alt=\"USDCAD_M15\" \/><\/p>\n<p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\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":"<p>Article By RoboForex.com USDJPY, \u201cUS Dollar vs. Japanese Yen\u201d In the H4 chart, USDJPY is consolidating. In this case, the price is expected to test the support at 3\/8, rebound from it, and then resume growing to reach the resistance at 5\/8. However, this scenario may no longer be valid if the price breaks 3\/8 [&hellip;]<\/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-161084","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161084","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=161084"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161084\/revisions"}],"predecessor-version":[{"id":161086,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161084\/revisions\/161086"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=161084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=161084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=161084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}