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 26.01.2016 (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 26.01.2016 (EUR/USD, GBP/JPY)


Analysis for January 26th, 2016

EUR USD, “Euro vs US Dollar”

The price is still consolidating close to Super Trends. Considering that earlier Eurodollar rebounded from the 1/8 level twice, in the nearest future the market may start growing towards the 3/8 one.

At the H1 chart, Eurodollar is moving in the middle. If later the market breaks Super Trends and the 4/8 level and stays above them, the pair will continue moving upwards to reach the 6/8 one.

GBP JPY, “Great Britain Pound vs Japanese Yen”

At the H4 chart, the GBP JPY currency pair hasn’t been able to break Super Trends on the first try. If later the price is able to stay above the 2/8 level, the market will resume moving upwards. In this case, the target will be at the 3/8 level.

As we can see at the H1 chart, the pair has rebounded from the 3/8 level and right now is moving in the channel between this level and the 5/8 one. Consequently, if the price breaks Super Trends and stays above them during the day, the market may grow a little bit.

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.