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 15.02.2016 (EUR/USD, GBP/JPY)
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 15.02.2016 (EUR/USD, GBP/JPY)

15.02.2016

Analysis for February 15th, 2016

EUR USD, “Euro vs US Dollar”

At the H4 chart, Eurodollar is moving between Super Trend, which means that the market may start a new correction. The closest target for bears is at the 3/8 level. If they break it, the price will continue falling much deeper.



At the H1 chart, Super Trends have formed “bearish cross”. Earlier, the price rebounded from the 6/8 level and started a new correction. The closest target for sellers is at the 2/8 level. The future scenario depends on how the market will move at this level.




GBP JPY, “Great Britain Pound vs Japanese Yen”

The pair hasn’t been able to stay below the 4/8 level and right now is moving above the H4 Super Trend. Consequently, the pair may start an ascending correction. The closest target for bull is at the 6/8 level and the daily Super Trend.



At the H1 chart, Super Trends have formed “bullish cross”. Earlier, the pair rebounded from the -1/8 level. On Monday, the price may continue moving upwards to reach the 4/8 level.



 
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.

Attention!

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.