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.

25.11.2019

Murrey Math Lines 25.11.2019 (EURUSD, GBPUSD)

EURUSD continues falling towards 0/8; in case of GBPUSD, 5/8 prevents the pair from further decline.
22.11.2019

Murrey Math Lines 22.11.2019 (EURUSD, GBPUSD)

EURUSD may correct towards 1/8, while GBPUSD is expected to continue growing.
21.11.2019

Murrey Math Lines 21.11.2019 (USDCHF, GOLD)

USDCHF is still consolidating, while XAUUSD may test 4/8.
20.11.2019

Murrey Math Lines 20.11.2019 (USDJPY, USDCAD)

USDJPY may reach 8/8, while USDCAD is no longer consolidating.
19.11.2019

Murrey Math Lines 19.11.2019 (AUDUSD, NZDUSD)

AUDUSD may correct towards 8/8, while NZDUSD is still trading inside the “overbought area”.
18.11.2019

Murrey Math Lines 18.11.2019 (EURUSD, GBPUSD)

EURUSD may reach 6/8, while GBPUSD is still heading towards 7/8.
15.11.2019

Murrey Math Lines 15.11.2019 (EURUSD, GBPUSD)

EURUSD is consolidating, while GBPUSD is heading towards 7/8.
14.11.2019

Murrey Math Lines 14.11.2019 (USDCHF, GOLD)

USDCHF is consolidating, while XAUUSD may grow to reach 3/8.