RoboForex - Analytics

RoboForex

944.75 5.25/10
79% of positive reviews
Real
How to join the service?

Murrey Math Lines 09.11.2015 (EUR/USD, AUD/USD)

Analysis for November 9th, 2015

EUR USD, “Euro vs US Dollar”

After rebounding from the 0/8 level, Eurodollar has started another correction. If later the price is able to rebound from Super Trends, it may resume its descending movement. In this case, the closest target will be at the -2/8 level.



At the H1 chart, Eurodollar is also moving at the bottom. I’m planning to open another sell order as soon as the pair stays under the 0/8 level. If later the price breaks the -2/8 level, the lines at the chart will be redrawn.




AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar is about to reach the 3/8 level. If later the pair is able to break this level and stay below it, the market will continue falling towards the 1/8 one.



At the H1 chart, the pair is moving inside “oversold zone”. It’s highly likely that during the day the price may test the 0/8 level. If the pair rebounds from it, market will continue falling and break the local minimum.



 
RoboForex Analytical Department

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 or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree