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.

12.03.2019

Murrey Math Lines 12.03.2019 (AUDUSD, NZDUSD)

In the H4 chart, AUDUSD is consolidating.
11.03.2019

Murrey Math Lines 11.03.2019 (EURUSD, GBPUSD)

In the H4 chart, the pair is expected to break the 0/8 level and continue growing to reach the resistance at the 3/8 one.
08.03.2019

Murrey Math Lines 08.03.2019 (EURUSD, GBPUSD)

In the H4 chart, GBPUSD is consolidating.
07.03.2019

Murrey Math Lines 07.03.2019 (USDCHF, GOLD)

As we can see in the H4 chart, USDCHF has broken the 5/8 level and may continue growing towards the resistance at the 8/8 one.
06.03.2019

Murrey Math Lines 06.03.2019 (USDJPY, USDCAD)

In the H4 chart, USDJPY is expected to continue growing towards the resistance at the 8/8 level.
05.03.2019

Murrey Math Lines 05.03.2019 (AUDUSD, NZDUSD)

As we can see in the H4 chart, AUDUSD is trading inside the “oversold zone”.
04.03.2019

Murrey Math Lines 04.03.2019 (EURUSD, GBPUSD)

In the H4 chart, the pair is still trading below the 3/8 level and may start a new decline to reach the support at the 1/8 one.
01.03.2019

Murrey Math Lines 01.03.2019 (EURUSD, GBPUSD)

As we can see in the H4 chart, GBPUSD has rebounded from the resistance at the 5/8 level and may resume falling towards the support at the 3/8 one.