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.

28.08.2019

Murrey Math Lines 28.08.2019 (USDJPY, USDCAD)

USDJPY continues consolidating, while USDCAD is heading towards the resistance at 8/8.
27.08.2019

Murrey Math Lines 27.08.2019 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD continue consolidating before starting strong movements.
26.08.2019

Murrey Math Lines 26.08.2019 (EURUSD, GBPUSD)

EURUSD is trying to continue its growth, while GBPUSD is getting closer to a strong resistance level.
23.08.2019

Murrey Math Lines 23.08.2019 (EURUSD, GBPUSD)

EURUSD is about to start a new growth; bulls are attacking and trying to make GBPUSD resume moving to the upside.
22.08.2019

Murrey Math Lines 22.08.2019 (USDCHF, GOLD)

USDCHF is forming a correction towards 3/8, while XAUUSD is still trading inside the “overbought area”.
21.08.2019

Murrey Math Lines 21.08.2019 (USDJPY, USDCAD)

USDJPY is reversing to the upside, while USDCAD may grow towards the resistance at 8/8.
20.08.2019

Murrey Math Lines 20.08.2019 (AUDUSD, NZDUSD)

Bulls are once again trying to prevent AUDUSD from falling, while NZDUSD continues trading downwards.
19.08.2019

Murray Math Lines 19.08.2019 (EURUSD, GBPUSD)

EURUSD is moving towards the goal at 0/8. The correction of the GBPUSD may end at 5/8.