RoboForex - Analytics

RoboForex

908.00 5.50/10
77% of positive reviews
Real
How to join the service?

Murrey Math Lines 28.12.2016 (EUR/USD, USD/CHF)

Analysis for December 28th, 2016

EUR USD, “Euro vs US Dollar”

The EUR/USD pair is still consolidating between Super Trends. It’s highly likely that in the nearest future the market may test the 6/8 level again. If the price rebounds from this level, it may resume its decline with the target at the 0/8 one.



At the H1 chart, the pair fixed above the 5/8 level and, as a result, started a shot-term growth. It’s highly likely that on Wednesday the price may test the 8/8 and 1/8 levels. If the market rebounds from these levels, bears may attempt to reverse the pair to the downside.




USD CHF, “US Dollar vs Swiss Franc”

The USD/CHF pair is being corrected inside the “overbought zone”. In the nearest future, the market may test the daily Super Trend and the 8/8 level. If the price rebounds from these levels, the pair may start a new ascending movement.



At the H1 chart, the pair is moving between Super Trends. The closest target of the current correction is the 4/8 level. If the price rebounds from this level and fixes above the 5/8 one, the market may resume growing to reach its local highs.



 
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