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.
12.11.2018
Murrey Math Lines 12.11.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
09.11.2018
Murrey Math Lines 09.11.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
08.11.2018
Murrey Math Lines 08.11.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF is expected to continue growing to reach the resistance at the 3/8 level.
07.11.2018
Murrey Math Lines 07.11.2018 (USDJPY, USDCAD)
In the H4 chart, USDCAD may test the resistance at the 8/8 level, rebound from it, and then resume falling towards the support at the 5/8 one.
06.11.2018
Murrey Math Lines 06.11.2018 (AUDUSD, NZDUSD)
As we can see in the H4 chart, AUDUSD is consolidating.
05.11.2018
Murrey Math Lines 05.11.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD may break the 3/8 level and then continue growing towards the resistance at the 5/8 one.
01.11.2018
Murrey Math Lines 01.11.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF is expected to continue growing to reach the resistance at the 3/8 level.