Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Murray math lines and forecasts / Murrey Math Lines 06.04.2016 (EUR/USD, AUD/USD)
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back

Murrey Math Lines 06.04.2016 (EUR/USD, AUD/USD)


Analysis for April 6th, 2016

EUR USD, “Euro vs US Dollar”

In case of Eurodollar, the current situation is very important. If the market is able to stay under the H4 Super Trend and the 5/8 level, the current correction may become much deeper. However, if the pair rebounds from these levels upwards, bulls may break the maximum and reach the 6/8 level.

At the H1 chart, the pair is attempting to stay under the 2/8 level. If Super Trends form “bearish cross” during the day, the price will continue falling towards the 1/8 level. If later this level is broken as well, the market may reach much lower targets.

AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar has rebounded from the 7/8 level, which means that it may start a new descending correction. Right now, the pair is trying to stay under the daily Super Trend. If bears succeed in it, the market will fall towards the 4/8 level.

At the H1 chart, the pair is moving in the middle. Earlier, Super Trends formed “bearish cross”. Later, is the pair stays below the 3/8 level, the market may break the minimum and reach the 1/8 one.

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.


Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.