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.
19.10.2018
Murrey Math Lines 19.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is consolidating.
18.10.2018
Murrey Math Lines 18.10.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF may break the 7/8 level and continue growing to reach the resistance at the 8/8 level.
17.10.2018
Murrey Math Lines 17.10.2018 (USDJPY, USDCAD)
In the H4 chart, USDCAD is expected to fall towards the 3/8 level.
16.10.2018
Murrey Math Lines 16.10.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is expected to continue growing towards the resistance at the 3/8 level.
15.10.2018
Murrey Math Lines 15.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD has rebounded from the 5/8 level and may continue growing towards the resistance at the 8/8 one.
12.10.2018
Murrey Math Lines 12.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is trading above the 5/8 level.
11.10.2018
Murrey Math Lines 11.10.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF is expected to continue falling to reach the 5/8 level.
10.10.2018
Murrey Math Lines 10.10.2018 (USDJPY, USDCAD)
In the H4 chart, USDCAD rebounded from the 5/8 level yesterday and right now is expected to fall towards the support at the 3/8 one.