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.
24.08.2018
Murrey Math Lines 24.08.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is trading above the 5/8 level.
23.08.2018
Murrey Math Lines 23.08.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF may rebound from the 3/8 level and then resume falling to reach the support at the 0/8 one.
22.08.2018
Murrey Math Lines 22.08.2018 (USDJPY, USDCAD)
In the H4 chart, USDJPY is expected to continue falling to reach the support at the 0/8 level.
21.08.2018
Murrey Math Lines 21.08.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is expected to test the 5/8 level.
20.08.2018
Murrey Math Lines 20.08.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is consolidating between the 3/8 and 5/8 level.
17.08.2018
Murrey Math Lines 17.08.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is trading below the 3/8 level. In this case, the price is expected to test the 3/8 level.
16.08.2018
Murrey Math Lines 16.08.2018 (USDCHF, GOLD)
In the H4 chart, USDCHF may break the 5/8 level and then continue falling to reach the support at the 3/8 one.
15.08.2018
Murrey Math Lines 15.08.2018 (USDJPY, USDCAD)
In the H4 chart, USDCAD may break the 2/8 level and then continue falling towards the support at the 0/8 one.