Murray Math Lines 13.02.2013 (NZD/USD, AUD/JPY, EUR/GBP)

Analysis for February 13^th, 2013

NZD/USD

After rebounding from the 4/8 level the pair started moving upwards; the Super Trends’ lines moved into the “green zone”. Most likely, in the nearest future the price will continue growing up towards the 8/8 level.



The pair is moving in the middle of the H1 chart; the bulls are supported by the Super Trends’ lines. If the bulls are able to keep the price above the 5/8 level, the pair will continue growing up towards the 8/8 one.

AUD/JPY

The bulls were supported by the daily Super Trend’s line; the price rebounded from it and started moving upwards again. Most likely, the pair will break a local maximum very soon. The main target is still the 8/8 level.



At the H1 chart the pair rebounded from the 6/8 level, which means that in the nearest future the price may break the 8/8 level and enter an “overbought zone”. If later the market breaks the +2/8 level, the lines at the chart will be redrawn.

EUR/GBP

The EUR/GBP currency pair is moving above the 6/8 level; the price is supported by the Super Trends’ lines, which earlier formed “bullish cross”. We can’t exclude a possibility that in the nearest future the pair may break a local maximum and reach the 8/8 level.



On Tuesday the pair rebounded from the 4/8 level. Now the bulls have to break the 8/8 level and enter an “overbought zone”. If later the market breaks the +2/8 level, the lines at the chart will be redrawn.



 
RoboForex Analytical Department