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.

17.12.2019

Murrey Math Lines 17.12.2019 (AUDUSD, NZDUSD)

AUDUSD may fall to reach 3/8, while NZDUSD is trading inside the “overbought area”.
16.12.2019

Murrey Math Lines 16.12.2019 (EURUSD, GBPUSD)

EURUSD is consolidating again, while GBPUSD may fall to reach 4/8.
13.12.2019

Murrey Math Lines 13.12.2019 (EURUSD, GBPUSD)

Both EURUSD and GBPUSD may reach 8/8.
12.12.2019

Murrey Math Lines 12.12.2019 (USDCHF, GOLD)

USDCHF may fall towards 0/8, while XAUUSD may grow to reach 8/8.
11.12.2019

Murrey Math Lines 11.12.2019 (USDJPY, USDCAD)

USDJPY is consolidating, while USDCAD may fall towards 3/8.
10.12.2019

Murrey Math Lines 10.12.2019 (AUDUSD, NZDUSD)

AUDUSD is consolidating, while NZDUSD may fall to reach 5/8.
09.12.2019

Murrey Math Lines 09.12.2019 (EURUSD, GBPUSD)

Bulls failed to keep EURUSD inside the consolidation range, while GBPUSD is still trading close to resistance at 8/8.
06.12.2019

Murrey Math Lines 06.12.2019 (EURUSD, GBPUSD)

EURUSD may reach 5/8, while GBPUSD is trading close to resistance at 8/8.