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Home / Analytics / Forex analysis & forecasts / Forex Murray math lines and forecasts / Analysis of Murray levels for EUR/USD and USD/CHF March 2, 2016
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Analysis of Murray levels for EUR/USD and USD/CHF March 2, 2016

02.03.2016
Analysis of Murray levels on March 2, 2016

EUR USD "Euro to US Dollar"


Analysis of Murray levels for EUR USD "Euro to US Dollar" on March 2, 2016

The main trend for Euro-Dollar pair is still downward. SuperTrend lines support the sliding and has formed "the bearish cross" earlier. The nearest goal for the sellers is still the point 08, from which, probably, the upward correction will began.



Analysis of Murray levels for EUR USD "Euro to US Dollar" on March 2, 2016

The market is trading at the lowest part of level formation. Testing of the point 18 is possible during the day. In case of pullback from that line, the resuming of pair sliding is possible.



USD CHF "Dollar to Swiss Franc"

Analysis of Murray levels for USD CHF "Dollar to Swiss Franc" on March 2, 2016

The Aussie traded between SuperTrends lines on the four-hour chart. If later the price will be able to fix below the 5/8, then in the future it will be possible to decrease to 3/8. It is very likely that during the Tuesday's the price will update yesterday's minimum.



Analysis of Murray levels for USD CHF "Dollar to Swiss Franc" on March 2, 2016

On the one hour chart, the market is trading in the top part of levels formation. Earlier, the SuperTrends lines formed "the bullish cross". If further the price can fix above the point 88 that will be a signal to resuming of growth toward + 28.

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