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 / Analysis of Murray levels for EUR/USD and USD/CHF on March 3, 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




Analysis of Murray levels for EUR/USD and USD/CHF on March 3, 2016

03.03.2016
Analysis of Murray levels on March 3, 2016

EUR USD "Euro to US Dollar"


Analysis of Murray levels for EUR USD "Euro to US Dollar" on March 3, 2016

Construction of levels on the 3 hour chart matches with day chart. Market is trading in the narrow range on the mark 18 for several days that indicates on the possible beginning of the correction. After correction completed, if the price return again under the line SuperTrend that will indicate the possibility of resuming of the sliding toward the level 08.



Analysis of Murray levels for EUR USD "Euro to US Dollar" on March 3, 2016

On the 1 hour chart, the double pullback from Murray line -18. It is not excluded that price will test the level 18 during the day, pullback from which will indicate the possible further sliding. The opposite is true as well: after the breakage of that mark price could form bigger upward correction.



USD CHF "US Dollar to Swiss Franc"

Analysis of Murray levels for USD CHF "US Dollar to Swiss Franc " on March 3, 2016

Franc correction is kept. Line of 4 hour SuperTrend and Murray mark 38 support the price. Further, resuming of growth toward the mark 58 is possible.



Analysis of Murray levels for USD CHF "US Dollar to Swiss Franc " on March 3, 2016

On the 1 hour chart – market is trading in the top part of level’s construction. Earlier, lines of SuperTrends formed the "bullish cross". If price can fix above 88 that will be a signal to continuation of growth toward the +28.

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.