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 / Murrey Math Lines 08.10.2015 (EUR/USD, USD/CHF)
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 08.10.2015 (EUR/USD, USD/CHF)


Analysis for October 8th, 2015

EUR USD, “Euro vs US Dollar”

Eurodollar is still moving sideways. If later the pair breaks the 4/8 level and stays below it, the market will resume moving downwards. I’m holding a pending sell order.

At the H1 chart, the pair is testing the 6/8 level. If the price rebounds from it, the market will resume falling. In this case, the next target will be at the 4/8 level.

USD CHF, “US Dollar vs Swiss Franc”

Franc is also consolidating. The pair is supported by the daily Super Trend; the price has rebounded from it again.  I’m planning to open another buy order after the price stays above the 7/8 level.

At the H1 chart, the pair has been supported by the 5/8 level. It’s highly likely that in the nearest future the market may try to test the 8/8 level. If the pair breaks this level, it may continue growing towards the +2/8 one.

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.