Murray Math Lines 25.07.2013 (AUD/USD, NZD/JPY, GBP/CHF)

Analysis for July 25^th, 2013

AUD/USD

Australian Dollar was able to rebound from the 4/8 level and the daily Super Trend again. Now the bears have to keep the price below the 3/8 level. If they succeed, the pair will continue falling down towards the 0/8 level.



The pair is moving in the middle of the H1 chart; a local correction is supported by the H1 Super Trend. If the market breaks the 3/8 level, the pair will continue falling down towards the 0/8 one.

NZD/JPY

Yesterday the price rebounded from the H4 Super Trend and started moving upwards. We can’t exclude a possibility that the pair may break the maximum during the day. The main target for the bulls is at the 8/8 one.



At the H1 chart, the pair is moving inside an “overbought zone”. Most likely, the price will break the +2/8 level in the nearest future. In this case, the lines at the chart will be redrawn.

GBP/CHF

After rebounding from the 1/8 level, the pair started a correction. The bulls may try to test the daily Super Trend, where Take Profit on my buy order is placed.



At the H1 chart we can see, that the pair couldn’t break the 6/8 level, which is a sign of a bullish mood. There is a possibility that the price may break the 8/8 level and enter an “overbought zone” during the day. Alter the pair may break the +2/8 level. In this case, the lines at the chart will be redrawn.



 
RoboForex Analytical Department