RoboForex - Analytics


916.00 5.50/10
77% of positive reviews
How to join the service?

Murrey Math Lines 08.09.2016 (EUR/USD and NZD/JPY)

Murray Math Lines 08.09.2016

EUR USD "Euro vs. US Dollar"

Murray Math Lines 08.09.2016

EUR/USD holds above the Super Trend lines which have already formed a “bullish cross”. In addition, we see a very important level 5/8, which, if broken, can force the pair to resume declining. But if the price breaks through the 5/8 level and holds above it, the market can sharply rise towards 6/8.

Murray Math Lines 08.09.2016

On 1-H chart the pair is trading in the upper part of the group of levels and above the 1/8 level. Therefore, if 2/8 level is broken in the near-term, the Murrey analysis will be redrawn. But if the market rebounds from this level, we might see a descending correction start.

NZD JPY "New Zealand Dollar vs. Japanese Yen"

Murray Math Lines 08.09.2016

The cross pair has rebounded from 8/8 and held above the Super Trend lines. Accordingly, I have an open long position with a target of 2/8. If the price rebounds from this level, we might see a bearish correction start.

Murray Math Lines 08.09.2016

On 1-H chart the Super Trend lines have formed a “bullish cross”. As price holds above 5/8 level and is trading above 6/8, it is possible that it resumes rising and reaches 8/8 level.

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