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.

17.09.2018

Murrey Level Analysis for EUR/USD and GBP/USD: Sep 17, 2018

On H4, 7/8 breakout may lead to the EUR/USD price rising till 8/8.
14.09.2018

Murrey Math Lines 14.09.2018 (EURUSD, GBPUSD)

In the H4 chart, GBPUSD is expected to grow towards the resistance at the 8/8 level.
13.09.2018

Murrey Math Lines 13.09.2018 (USDCHF, GOLD)

As we can see in the H4 chart, USDCHF is trading below the 3/8 level.
12.09.2018

Murrey Math Lines 12.09.2018 (USDJPY, USDCAD)

In the H4 chart, USDJPY is expected the support at the 5/8 level, rebound from it, and then resume growing towards the resistance at the 7/8 level.
11.09.2018

Murrey Math Lines 11.09.2018 (AUDUSD, NZDUSD)

In the H4 chart, NZDUSD may rebound from the 3/8 level and then resume falling towards the support at the 2/8 level.
10.09.2018

Murrey Math Lines 10.09.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD may rebound from the 5/8 level and then resume growing towards the resistance at the 8/8 one.
07.09.2018

Murrey Math Lines 07.09.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD may break the 7/8 level and then continue growing towards the resistance at the 8/8 one.
06.09.2018

Murrey Math Lines 06.09.2018 (USDCHF, GOLD)

In the H4 chart, USDCHF is trading inside the “oversold zone”.