Forex Murrey math lines and forecasts
One of the classic approaches to the currency market analysis, which is successfully applied to everyday trading processes. Murrey math lines can be used for understanding both short- and long-term outlooks. As a rule, a strategy that involves Murrey math lines includes other types of technical analysis.
14.02.2020
Murrey Math Lines 14.02.2020 (EURUSD, GBPUSD)
EURUSD continues falling towards 0/8, while GBPUSD may reach the resistance level at 8/8.
13.02.2020
Murrey Math Lines 13.02.2020 (USDCHF, GOLD)
Both USDCHF and XAUUSD are consolidating but may resume growing towards 7/8.
12.02.2020
Murrey Math Lines 12.02.2020 (USDJPY, USDCAD)
USDJPY is heading towards 7/8; in the case of USDCAD, there was a false breakout of 6/8.
11.02.2020
Murrey Math Lines 11.02.2020 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are trading towards 0/8.
10.02.2020
Murrey Math Lines 10.02.2020 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD are still trading inside the “oversold area”.
07.02.2020
Murrey Math Lines 07.02.2020 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD have reached the “oversold area”.
06.02.2020
Murrey Math Lines 06.02.2020 (USDCHF, GOLD)
USDCHF is moving close to the “overbought area”, while XAUUSD may fall towards 0/8.
05.02.2020
Murrey Math Lines 05.02.2020 (USDJPY, USDCAD)
USDJPY is moving towards 5/8, while USDCAD is trading inside the “overbought area”.