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Murrey Math Lines: EUR/USD, GBP/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for January 26th, 2016 EUR USD, “Euro vs US Dollar” The price is still consolidating close to Super Trends. Considering that earlier Eurodollar rebounded from the 1/8 level twice, in the nearest future the market may start growing towards the 3/8 one. At the H1 chart, Eurodollar is moving in the middle. If later the market breaks Super Trends and the 4/8 level and stays above them, the pair will continue moving upwards to reach the 6/8 one. GBP JPY, “Great Britain Pound vs Japanese

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