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

February 27, 2017
Black gold slightly declined amid the crude inventories report
The tone was negative in the oil market on Friday. The price reversed some losses in the night. Buyers returned the benchmark to 56.66 dollars per barrel where Brent caught fresh offers and moved lower...
February 27, 2017
Markets turn focus towards Trump address to Congress
On the evening of Tuesday, February 28th, US President Trump is slated to give a major address to a joint session of Congress in lieu of the usual State of the Union address...
February 24, 2017
Oil prices slightly grew
Brent oil prices extended their recovery in the Asian session on Thursday. Buyers led the price higher and broke 56.50 dollars per barrel in the early European morning...

 FXTM Rating
NPBFX Rating
Tickmill Rating
XM Rating
Orbex Rating
FxPro Rating

Migesco Rating
OptionRally Rating
Dragon Options Rating
OptionTrade Rating
EZTrader Rating
UKoptions Rating