Analysis for September 30th, 2015
EUR USD, “Euro vs US Dollar”
At the H4 chart, Eurodollar is still consolidating in the middle. If later the market breaks the 4/8
levels and stays below them, the price may resume moving downwards.
At the H1 chart, the price is moving close to the 4/8
level as well. If Super Trends form “bearish cross”, the market will resume moving downwards. After breaking the 2/8
level, the pair will continue falling towards the 0/8
GBP USD, “Great Britain Pound vs US Dollar”
Pound is attempting to break the 4/8
level. The pair is supported by Super Trends, which earlier formed “bearish cross”. The closest target is at the 2/8
At the H1 chart, the pair is about to enter “oversold zone”. After the price breaks the 0/8
level, the next target will be at the -2/8
one. If this level is broken as well, the lines at the chart will be redrawn.
RoboForex Analytical Department
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.