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Home / Analytics / Forex analysis & forecasts / Forex Murray math lines and forecasts / Analysis of Murray's level for EUR/USD and USD/CHF on 12.09.2016
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Analysis of Murray's level for EUR/USD and USD/CHF on 12.09.2016

12.09.2016
Analysis of Murray's level for September 12, 2016

EUR/USD "Euro vs US Dollar"


Analysis of Murray's level for September 12, 2016

After pair Euro-Us Dollar has bounced from the mark at 5/8, now it tries to settle below SuperTrends and the level at 4/8. If bears succeeded with it, then price movement towards the level at 2/8 would be possible. In case that level would be broken then we should expect quotes to accelerate descending.

Analysis of Murray's level for September 12, 2016

On 1 hour chart, we see the market in its middle levels. If we see in the nearest future "Bearish cross" made with SuperTrends, then it will show prospects for the market movement towards Murray's mark 0/8.

USD/ CHF "US Dollar vs Swiss Franc"

Analysis of Murray's level for September 12, 2016

Swiss franc tries to make the road through the mark 4/8. If bull succeeded with it, then we would consider the chances for further upward direction at the first place. The nearest goal is the level 7/8, bouncing from which would be a start signal for downward correction.

Analysis of Murray's level for September 12, 2016

На часовом графике линии СуперТрендов уже образовали "бычий крест". Подтверждением возможности движения рынка к отметке 8/8 станет закрепление цены выше уровня 5/8. Как только это произойдёт, планирую наращивать объём покупок.

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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.