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.

05.09.2018

Murrey Math Lines 05.09.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY may break the 6/8 level.
04.09.2018

Murrey Math Lines 04.09.2018 (AUDUSD, NZDUSD)

In the H4 chart, AUDUSD is expected to test the 3/8 level, rebound from it, and then resume falling towards the support at the 1/8 one.
03.09.2018

Murrey Math Lines 03.09.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD may break the 6/8 level and then continue falling towards the 5/8 one.
31.08.2018

Murrey Math Lines 31.08.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD may break the 7/8 level and then continue falling towards the 5/8 one.
30.08.2018

Murrey Math Lines 30.08.2018 (USDCHF, GOLD)

In the H4 chart, USDCHF is expected to break the -1/8 level and continue falling to reach the support at the -2/8 one.
29.08.2018

Murrey Math Lines 29.08.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY is consolidating between the 3/8 and 5/8 levels.
28.08.2018

Murrey Math Lines 28.08.2018 (AUDUSD, NZDUSD)

In the H4 chart, NZDUSD may break the 3/8 and then continue falling towards the support at the 0/8 one.
27.08.2018

Murrey Math Lines 27.08.2018 (EURUSD, GBPUSD)

In the H4 chart, GBPUSD is expected to continue growing towards the 3/8 level.