{"id":94523,"date":"2016-08-19T06:33:23","date_gmt":"2016-08-19T10:33:23","guid":{"rendered":"http:\/\/countingpips.com\/?p=94523"},"modified":"2016-08-19T06:33:23","modified_gmt":"2016-08-19T10:33:23","slug":"murrey-math-lines-19-08-2016-eurusd-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/murrey-math-lines-19-08-2016-eurusd-usdcad\/","title":{"rendered":"Murrey Math Lines 19.08.2016 (EUR\/USD, USD\/CAD)"},"content":{"rendered":"
August 19, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for August 19th<\/sup>, 2016<\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n

After rebounding from the 6\/8<\/strong> level, the EUR\/USD pair started a local correction. Possibly, on Friday the price may test the H4 Super Trend. If the market rebounds from it, the pair will resume growing towards the 7\/8<\/strong>level.<\/p>\n

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The lines at the H4 and H1 charts are completely the same, and it makes the 7\/8<\/strong> level even more important. Consequently, if the pair is able to stay above the 6\/8<\/strong> level, it will resume moving upwards. Moreover, if later the price breaks the 7\/8<\/strong> level, bulls will test the 8\/8<\/strong> one.<\/p>\n

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USD CAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/h2>\n

In case of the USD\/CAD pair, Super Trends are influenced by \u201cbearish cross\u201d. Considering that the price is moving under the 2\/8<\/strong> level, it is expected to continue falling towards the 0\/8<\/strong> one in the nearest future. If later the market rebounds from this level, it may start a new ascending correction.<\/p>\n

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As we can see at the H1 chart, the 0\/8<\/strong> level is confirmed by levels from longer timeframes. It\u2019s highly likely that on Friday the market may break the local low and continue moving to reach its downside targets.<\/p>

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RoboForex Analytical Department<\/strong><\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for August 19th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d After rebounding from the 6\/8 level, the EUR\/USD pair started a local correction. Possibly, on Friday the price may test the H4 Super Trend. If the market rebounds from it, the pair will resume growing towards the 7\/8level. The lines at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-94523","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=94523"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94523\/revisions"}],"predecessor-version":[{"id":94524,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94523\/revisions\/94524"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=94523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=94523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=94523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}