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.

14.08.2018

Murrey Math Lines 14.08.2018 (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 0/8 one.
13.08.2018

Murrey Math Lines 13.08.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is trading below the 3/8 level.
10.08.2018

Murrey Math Lines 10.08.2018 (EURUSD, GBPUSD)

In the H4 chart, GBPUSD may continue falling towards the support at the 0/8 level.
09.08.2018

Murrey Math Lines 09.08.2018 (USDCHF, GOLD)

In the H4 chart, USDCHF is trading above the 5/8 level and may continue growing to reach the resistance at the 8/8 one.
08.08.2018

Murrey Math Lines 08.08.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY has broken the 5/8 level and right now is consolidating.
07.08.2018

Murrey Math Lines 07.08.2018 (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 0/8 one.
06.08.2018

Murrey Math Lines 06.08.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is expected to test the 5/8 level, rebound from it, and then resume growing towards the resistance at the 8/8 one.
03.08.2018

Murrey Math Lines 03.08.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is expected to continue towards the support at the 0/8 level.