RoboForex - Analytics

RoboForex

986.75 5.25/10
76% of positive reviews
Real
How to join the service?

Analysis of Murray levels for the EUR / USD and AUD / USD on March 1, 2016

Analysis of Murray levels on March 1, 2016

EUR USD "Euro to the US dollar"


Analysis of Murray levels for the EUR / USD and AUD / USD on March 1, 2016

The main trend for Euro-Dollar pair keeps slide. SuperTrend lines support the sliding, which early formed the “bearish cross”. The immediate goal for sellers is a mark 0/8, which is probably the beginning of correction.



Analysis of Murray levels for the EUR / USD and AUD / USD on March 1, 2016

Price formed a pullback from hourly SuperTrend line that indicates the probable renewal of pair decrease. It is possible that during the day, we get a breakdown of the level of 0/8, which will allow the pair to continue moving down towards the -2/8 level.



AUD USD "Australian Dollar to US Dollar"

Analysis of Murray levels for the EUR / USD and AUD / USD on March 1, 2016

The Aussie traded between SuperTrends lines on the four-hour chart. If later the price will be able to fix below the 5/8, then in the future it will be possible to decrease to 3/8. It is very likely that during the Tuesday's the price will update yesterday's minimum.



Analysis of Murray levels for the EUR / USD and AUD / USD on March 1, 2016

On the hourly chart, double pullback from the 1/8 mark is formed, which pointed to the raising of upward correction. However, if the price can be kept below SuperTrend lines, further quotations decrease and breakout of level 0/8 become possible.

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Live Account.



To leave a comment you must be or register