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.
09.10.2018
Murrey Math Lines 09.10.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is no longer trading inside the “oversold zone”.
08.10.2018
Murrey Math Lines 08.10.2018 (EURUSD, GBPUSD)
In the H4 chart, GBPUSD is expected to continue growing towards the resistance at the 8/8 level.
05.10.2018
Murrey Math Lines 05.10.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is consolidating between the 3/8 and 5/8 levels.
04.10.2018
Murrey Math Lines 04.10.2018 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF is trading above the 5/8 level.
03.10.2018
Murrey Math Lines 03.10.2018 (USDJPY, USDCAD)
As we can see in the H4 chart, USDJPY is trading inside the “overbought zone”.
02.10.2018
Murrey Math Lines 02.10.2018 (AUDUSD, NZDUSD)
As we can see in the H4 chart, AUDUSD is trading below the 3/8 level.
01.10.2018
Murrey Math Lines 01.10.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is expected to continue falling towards the 5/8 level.
28.09.2018
Murrey Level Analysis for EUR/USD and GBP/USD: 28.09.2018
On H4, the EUR/USD has left the overbought territory and may go down to the support at 6/8.