Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Murray math lines and forecasts / Murray levels analysis of EUR/USD and NZD/JPY on 26.02.2016
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




Murray levels analysis of EUR/USD and NZD/JPY on 26.02.2016

26.02.2016
Murray levels analysis on 26 February 2016

EUR USD "Euro to US dollar"


Murray levels analysis EUR USD "Euro to US dollar" on 26 February 2016

The Euro Dollar retreated from the four-hour SuperTrend line, indicating a possible resumption of the market decline. It is likely that soon there will be a breakdown of the local minimum. The immediate target appears to be the 0/8 mark.



Murray levels analysis EUR USD "Euro to US dollar" on 26 February 2016

On the hourly chart the SuperTrend lines can again form a "bearish cross". Most likely, in the short term the market will try again to break the 0/8 mark and gain a foothold in the "oversold" zone. In case of breaking -2/8, the build-up of murray levels will be updated.



NZD JPY "New Zealand dollar to Japanese yen"

Murray levels analysis NZD JPY "New Zealand dollar to Japanese yen" on 26 February 2016

The Cross abruptly broke all SuperTrend lines on the four-hour chart. As the price was fixed above the level of 5/8, a further advance of the prices up towards the 8/8 level is possible, which later may start a correction.



Murray levels analysis NZD JPY "New Zealand dollar to Japanese yen" on 26 February 2016

On the hourly chart, the market is trading in the upper part of building of levels. Support for the movement of prices is from the SuperTrend lines. We do not rule out that on Friday a break of the 8/8 mark will follow and a further increase in price in the "overbought" zone.

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.