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 27.05.2016 (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 27.05.2016 (EUR/USD, AUD/USD)


Analysis for May 27th, 2016

EUR USD, “Euro vs US Dollar”

Eurodollar is being corrected inside the “oversold zone” between Super Trends. On Friday, the price may test the 0/8 level and the daily Super Trend. If the price rebounds form these levels, it may resume falling. In this case, the next target for bears will be at the -2/8 level.

At the H1 chart, the price has rebounded from the 3/8 level twice, which means that it may resume falling. However, in order to start a new descending movement towards the 0/8 level, Eurodollar has to stay under Super Trends first.

AUD USD, “Australian Dollar vs US Dollar”

Australian Dollar is being corrected between Super Trends as well. Earlier, the market rebounded from the 4/8 level and reached a new local low. If later the price stays below the H4 Super Trend, it will continue moving downwards. The closest target is at the 2/8 level. If this level is broken, the pair will fall much deeper.

At the H1 chart, the pair is being corrected between the 5/8 and 3/8 levels. Considering that earlier the price rebounded from the 5/8 level twice, the market may resume falling if it stays under Super Trends.

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.