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.
17.12.2018
Murrey Math Lines 17.12.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is expected to continue falling towards the support at the 0/8 level.
14.12.2018
Murrey Math Lines 14.12.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, GBPUSD is trading inside the “oversold zone”.
13.12.2018
Murrey Math Lines 13.12.2018 (USDCHF, GOLD)
In the H4 chart, XAUUSD may break the 7/8 level and continue trading downwards to reach the support at the 6/8 one.
12.12.2018
Murrey Math Lines 12.12.2018 (USDJPY, USDCAD)
In the H4 chart, USDCAD is expected to test the 6/8 level, rebound from it, and then resume growing towards the resistance at the +1/8 one.
11.12.2018
Murrey Math Lines 11.12.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is expected to test the 7/8 level, rebound from it, and then resume falling towards the support at the 5/8 one.
10.12.2018
Murrey Math Lines 10.12.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, GBPUSD has rebounded from the support at the 0/8 level once again.
07.12.2018
Murrey Math Lines 07.12.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is trading below the 3/8 level.
06.12.2018
Murrey Math Lines 06.12.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF is trading below the 3/8 level and may continue falling to reach the support at the 0/8 one.