Murrey Math Lines 23.11.2022 (USDJPY, USDCAD)

23.11.2022

USDJPY, “US Dollar vs Japanese Yen”

On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI has broken through the ascending trendline downwards. As a result, we should expect a test of 2/8 (140.62), a breakaway, and falling to the support level of 1/8 (139.06). The scenario can be cancelled by rising over the resistance level of 3/8 (142.18). In this case, the pair may rise to 4/8 (143.75).

USDJPYH4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, a breakaway of the lower line of VoltyChannel will increase the probability of a decline.

USDJPY_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

The situation with the USDCAD pair is similar. On H4, the quotes are under the 200-day Moving Average, and the RSI has broken through the ascending trendline. A breakaway of 1/8 (1.3305) is expected, followed by falling to 0/8 (1.3183). The scenario can be cancelled by rising over the resistance level of 2/8 (1.3427). In this case, the pair may reach 3/8 (1.3549).

USDCAD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On M15, the lower line of VoltyChannel is broken away. This indicates a downtrend and a high probability of further falling.

USDCAD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

重要提醒

本节提供的预测仅反映作者的私人意见,不应被视为交易的指导。 RoboForex 对这些分析评论中描述的交易建议的交易结果不承担任何责任。