Analysis for June 14th, 2016
EUR USD, “Euro vs US Dollar”
Eurodollar has broken the 4/8
level; Super Trends may form “bearish cross” during the next several hours. Consequently, in the nearest future the price may continue falling towards the 3/8
At the H1 chart, Eurodollar is trying to stay inside the “oversold zone” under the 0/8
level. If bears succeed, later the pair may continue falling towards the ‑2/8
NZD USD, “New Zealand Dollar vs US Dollar”
New Zealand Dollar is moving downwards between Super Trends. If later the price breaks the 6/8
level, the next target will be at the 4/8
one. However, if the pair break the 8/8
level upwards, the market will resume growing.
At the H1 chart, the price rebounded from the 4/8
level and then Super Trends formed “bearish cross”. If the pair stays under the 3/8
level, the market will continue falling towards at the 1/8
RoboForex Analytical Department
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.