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.
10.10.2019
Murrey Math Lines 10.10.2019 (USDCHF, GOLD)
USDCHF may grow to reach 8/8, while XAUUSD is still consolidating.
09.10.2019
Murrey Math Lines 09.10.2019 (USDJPY, USDCAD)
USDJPY may yet continue its attempts to reach 8/8, while USDCAD is consolidating.
08.10.2019
Murrey Math Lines 08.10.2019 (AUDUSD, NZDUSD)
AUDUSD is breaking the consolidation range; the next target for NZDUSD may be the resistance at +1/8.
07.10.2019
Murrey Math Lines 07.10.2019 (EURUSD, GBPUSD)
EURUSD may continue rising; in case of GBPUSD, bulls are retreating, but may yet try to push the pair upwards.
04.10.2019
Murrey Math Lines 04.10.2019 (EURUSD, GBPUSD)
EURUSD may correct towards 5/8; bulls may try to push GBPUSD to reach 7/8 again.
03.10.2019
Murrey Math Lines 03.10.2019 (USDCHF, GOLD)
USDCHF continues trading upwards, while XAUUSD may grow to reach 7/8.
02.10.2019
Murrey Math Lines 02.10.2019 (USDJPY, USDCAD)
Bulls are making another attempt to push USDJPY towards 8/8, while USDCAD may test 0/8.
01.10.2019
Murrey Math Lines 01.10.2019 (AUDUSD, NZDUSD)
After breaking 5/8, AUDUSD continues falling; NZDUSD is still moving inside the “oversold area”.