RoboForex - Analytics

RoboForex

907.00 5.50/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 25.08.2016 (EUR/USD, AUD/USD)

Analysis for August 25th, 2016

EUR USD, “Euro vs US Dollar”

At the H4 chart, the EUR/USD pair is moving between Super Trends. If later the price breaks the 4/8 level, the market will continue moving downwards to reach the 3/8 one.



As we can see at the H1 chart, the pair has rebounded from the 8/8 level and Super Trends have formed “bearish cross”. To continue pushing the price to the downside, bears have to break the daily Super Trend and the 4/8 level. If they succeed, the market will start a new descending movement.




AUD USD, “Australian Dollar vs US Dollar”

The AUD/USD pair is “stuck” between Super Trends. If the price is able to stay under the 5/8 level, the market will continue moving downwards. In this case, the closest target for bears is at the 3/8 level.



At the H1 chart, the pair is trying to rebound from the 2/8 level. If the price is able to stay under this level, it will continue falling. Later, the market may reach the -2/8 level. In case this level is broken, the lines at the chart will be redrawn.



 
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