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.
31.10.2018
Murrey Math Lines 31.10.2018 (USDJPY, USDCAD)
As we can see in the H4 chart, USDJPY is no longer trading inside the “oversold zone”.
30.10.2018
Murrey Math Lines 30.10.2018 (AUDUSD, NZDUSD)
As we can see in the H4 chart, AUDUSD is inside the “oversold zone”.
29.10.2018
Murrey Math Lines 29.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD has rebounded from the 3/8 level and may continue falling towards the support at the 0/8 one.
26.10.2018
Murrey Math Lines 26.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is trading below the 3/8 level.
25.10.2018
Murrey Math Lines 25.10.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF is expected to continue growing to reach the resistance at the 8/8 level.
23.10.2018
Murrey Math Lines 23.10.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is trading inside the “oversold zone”.
22.10.2018
Murrey Math Lines 22.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is consolidating.