Murrey Math Lines 04.11.2015 (EUR/USD, SILVER)

November 4, 2015

EUR USD, “Euro vs US Dollar”

Eurodollar is still being corrected. The price is trying to stay below the 0/8 level. Possibly, on Wednesday the pair may test the previous high one more time. If the market rebounds from it again and stays below the 0/8level, I’m planning to increase my position. At the H1 chart, Eurodollar is moving in the middle. If the pair breaks the 3/8 level and stays below it, the market will resume moving downwards. If in the nearest future the price breaks Super Trends and stays above them, we can expect a local growth. Otherwise, Eurodollar may continue falling.

XAG USD, “Silver vs US Dollar”

Silver has left “overbought zone” and Super Trends have formed “bearish cross”. The closest target is at the6/8 level. If the price breaks it, the pair will continue falling much deeper. At the H1 chart, the price is moving below the 3/8 level. Earlier, Super Trends formed “bearish cross”. It’s highly likely that in the nearest future the instrument may break the 2/8 level and continue moving downwards.

Publication source
RoboForex information  RoboForex reviews

January 18, 2017
Trump kicks the Dollar down
Trump hinted in his interview to the Financial Times that the US Dollar went for a far too extensive rally and the enthusiasm surrounding the bulls needs to be cooled...
January 18, 2017
Fed speakers, BoC and UK employment
We are going to see some central bank action (Canada) and hear from some Fed members and the chairwoman today. Apart from that we will get more information on the UK labor market and a data package from the US, including CPI for December and industrial output...
January 18, 2017
Aussie dollar cracks major levels
The Australian dollar swung heavily today as US bulls finally looked to sell off in the wake of economic uncertainty around the United Kingdom...

Orbex Rating
Tickmill Rating
XTB Rating
OctaFX Rating
Z.com Trade Rating
 FXTM Rating

Empire Option Rating
24option Rating
365BinaryOption Rating
TropicalTrade Rating
Anyoption Rating
OptionRally Rating