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 15.01.2016 (EUR/USD, NZD/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 15.01.2016 (EUR/USD, NZD/USD)


Analysis for January 15th, 2016

EUR USD, “Euro vs US Dollar”

Eurodollar is still moving sideways. Earlier, after being supported by the 0/8 level, the price rebounded from the daily Super Trend again. In the nearest future, the market may grow towards the 3/8 level.

At the H1 chart, Eurodollar is moving in the middle. Two days ago Super Trends formed “bullish cross”. If the market breaks the 5/8 level and stays above it, the price will continue growing towards the 8/8 one.

NZD USD, “New Zealand Dollar vs US Dollar”

The downtrend continues; bears are supported by Super Trends. The closest target is at the 0/8 level. If the pair rebounds from it, the price may start an ascending correction.

At the H1 chart, the price is moving inside “oversold zone”. Yesterday the pair wasn’t able to stay above the 0/8 level and the H1 Super Trend. On Friday, the market may break the -2/8 level. In this case, the lines at the chart will be redrawn.

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.