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.
16.08.2019
Murrey Math Lines 16.08.2019 (EURUSD, GBPUSD)
EURUSD is retreating as bears are attacking, while GBPUSD may start a new correction to the upside.
15.08.2019
Murrey Math Lines 15.08.2019 (USDCHF, GOLD)
USDCHF may break 0/8 and stop the downtrend; XAUUSD has reached the “overbought area”.
14.08.2019
Murrey Math Lines 14.08.2019 (USDJPY, USDCAD)
USDJPY is about to complete the descending tendency, while USDCAD may fall towards the support at 3/8.
13.08.2019
Murrey Math Lines 13.08.2019 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD may continue trading downwards.
12.08.2019
Murrey Math Lines 12.08.2019 (EURUSD, GBPUSD)
Bulls are getting stronger as EURUSD is consolidating above 3/8, while GBPUSD is still under bearish control.
09.08.2019
Murrey Math Lines 09.08.2019 (EURUSD, GBPUSD)
Bulls are trying to take control over EURUSD, while GBPUSD is still moving downwards.
08.08.2019
Murrey Math Lines 08.08.2019 (USDCHF, GOLD)
USDCHF may break 0/8 and start a correction; XAUUSD has reached the “overbought area”.
07.08.2019
Murrey Math Lines 07.08.2019 (USDJPY, USDCAD)
USDJPY is trading inside the “oversold area”, while USDCAD may start a correction towards 5/8.