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.
08.05.2018
Murrey Math Lines 08.05.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD may break the 3/8 level and then continue growing towards the resistance at the 5/8 one.
07.05.2018
Murrey Math Lines 07.05.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is expected to test the -1/8 level, rebound from it, and the resume growing towards the 2/8 one.
04.05.2018
Murrey Math Lines 04.05.2018 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD has rebounded from the support at the 0/8 level.
03.05.2018
Murrey Math Lines 03.05.2018 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF is trading inside the “overbought zone” above the 8/8 level.
02.05.2018
Murrey Math Lines 02.05.2018 (USDJPY, USDCAD)
In the H4 chart, USDJPY is trading inside the “overbought zone”.
01.05.2018
Murrey Math Lines 01.05.2018 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is expected to test the support at the 3/8 level, rebound from it, and then resume growing towards the resistance at the 5/8 one.
30.04.2018
Murrey Math Lines 30.04.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is expected to test the 3/8 level, rebound from it, and then resume falling towards the support at the 1/8 one.
27.04.2018
Murrey Math Lines 27.04.2018 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is trading inside the “oversold zone” below the 0/8 level.