RoboForex - Analytics


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

Murrey Math Lines 13.11.2015 (EUR/USD, USD/CAD)

Analysis for November 13th, 2015

EUR USD, “Euro vs US Dollar”

Eurodollar is still being corrected. It’s highly likely that the price may test the daily Super Trend. If the pair rebounds from it, the market will resume its decline towards the -2/8 level.

At the H1 chart, Eurodollar is also moving at the bottom. If the price rebounds from the 2/8 level, bears will return to the market. I’m planning to increase my short position as soon as the pair stays below the 0/8 level.

USD CAD, “US Dollar vs Canadian Dollar”

Canadian Dollar has rebounded from the H4 Super Trend and reached a new high. It’s highly likely that in the nearest future the market may continue growing. The closest target is at the 8/8 level. After reaching it, the price may start a descending correction.

The lines at the H4 and H1 charts are completely the same. If later the price is able to stay above the 6/8 level, I’m planning to open another buy order. It looks like the market may reach a new local high in the beginning of the next week.

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