RoboForex - Analytics

RoboForex

906.75 5.50/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 21.06.2016 (EUR/USD, EUR/JPY)

Analysis for June 21st, 2016

EUR USD, “Euro vs US Dollar”

The H4 Super Trend provided a local support, which means that in the nearest future the market may test the 7/8 level. If the pair rebounds from this level, the price may start a new descending correction.



At the H1 chart, Eurodollar is moving between Super Trends. If the price breaks the 2/8 level in the nearest future, the market may move upwards a little bit to reach the 3/8 level, which may later provide a strong resistance.




EUR JPY, “Euro vs Japanese Yen”

Yesterday, the pair rebounded from the 4/8 level and right now is testing this level again. If the price rebounds from it for the second time, the market will resume falling towards the 1/8 level.



At the H1 chart, the pair is moving in the middle. If the market breaks Super Trends downwards during the day, it may continue start a new decline towards the -2/8 level.



 
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 Members Area.


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