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.

25.07.2019

Murray Math Lines 25.07.2019 (USDCHF, GOLD)

USDCHF may drop to the support at -1/8. GOLD completing an uptrend.
24.07.2019

Murray Math Lines 24.07.2019 (USDJPY, USDCAD)

The bulls are pushing the quotations of USDJPY to 8/8 slowly but steadily. USDCAD may correct to the resistance at 5/8.
23.07.2019

Murray Math Lines 23.07.2019 (AUDUSD, NZDUSD)

AUDUSD may decline to the support at 5/8. Bulls are losing control over NZDUSD.
22.07.2019

Murray Math Lines 22.07.2019 (EURUSD, GBPUSD)

EURUSD is trading in the oversold area again. Bulls are trying to break through 5/8 today.
19.07.2019

Murray Math Lines 19.07.2019 (EURUSD, GBPUSD)

Bulls are trying to prevent EURUSD from falling. GBPUSD may grow up to the resistance 8/8.
18.07.2019

Murray Math Lines 18.07.2019 (USDCHF, GOLD)

USDCHF may decline to the support at 0/8. Gold is taking new heights.
17.07.2019

Murray Math Lines 17.07.2019 (USDJPY, USDCAD)

USDJPY attempts at escaping the consolidation area. Traders still have their doubts about further direction of USDCAD price.
16.07.2019

Murray Math Lines 16.07.2019 (AUDUSD, NZDUSD)

AUDUSD keeps moving towards the goal at 8/8. NZDUSD is trading in the overbought area.