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.

08.06.2018

Ichimoku Cloud Analysis 08.06.2018 (AUDUSD, NZDUSD, USDCAD)

USDCAD is trading at 1.2998; the instrument is moving above Ichimoku Cloud, which means that it may continue growing.
08.06.2018

Murrey Math Lines 08.06.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD has broken the 0/8 level and is no longer trading inside the “oversold zone”.
07.06.2018

Murrey Math Lines 07.06.2018 (USDCHF, GOLD)

In the H4 chart, USDCHF is expected to fall towards the support at the 0/8 level.
06.06.2018

Murrey Math Lines 06.06.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY is consolidating between the 3/8 and 5/8 levels.
05.06.2018

Murrey Math Lines 05.06.2018 (AUDUSD, NZDUSD)

As we can see in the H4 chart, the pair has broken the 5/8 level and may continue growing to reach the 6/8 one.
04.06.2018

Murrey Math Lines 04.06.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD is trading inside the “oversold zone” below the 0/8 level.
01.06.2018

Murrey Math Lines 01.06.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD is trading inside the “oversold zone” below the 0/8 level.
31.05.2018

Murrey Math Lines 31.05.2018 (USDCHF, GOLD)

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