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.

18.05.2018

Murrey Math Lines 18.05.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD may break the 1/8 level and later test the resistance at the 2/8 one.
17.05.2018

Murrey Math Lines 17.05.2018 (USDCHF, GOLD)

As we can see in the H4 chart, USDCHF is expected to test the support at the 5/8 level.
16.05.2018

Murrey Math Lines 16.05.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY has broken the resistance at the 5/8 level and may continue growing towards the 6/8 one.
15.05.2018

Murrey Math Lines 15.05.2018 (AUDUSD, NZDUSD)

In the H4 chart, AUDUSD may break the 3/8 level and then continue falling towards the support at the 2/8 one.
14.05.2018

Murrey Math Lines 14.05.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD is trading at the 2/8 level.
11.05.2018

Murrey Math Lines 11.05.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD is expected to break the 2/8 level and then test the resistance at the 3/8 one.
10.05.2018

Murrey Math Lines 10.05.2018 (USDCHF, GOLD)

As we can see in the H4 chart, USDCHF is expected to continue growing towards the resistance at the 8/8 level.
09.05.2018

Murrey Math Lines 09.05.2018 (USDJPY, USDCAD)

In the H4 chart, USDJPY is expected to test the resistance at the +1/8 level.