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.

19.02.2018

Murrey Math Lines 19.02.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is expected to continue falling towards the support at the 3/8 level.
16.02.2018

Murrey Math Lines 16.02.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is trading inside the “overbought zone” above the 8/8 level.
15.02.2018

Murrey Math Lines 15.02.2018 (USDCHF, GOLD)

As we can see in the H4 chart, USDCHF is consolidating between the 3/8 and 5/8 levels.
13.02.2018

Murrey Math Lines 13.02.2018 (AUDUSD, NZDUSD)

In the H4 chart, AUDUSD is expected to break the 5/8 level and then continue growing towards the resistance at the 6/8 one.
12.02.2018

Murrey Math Lines 12.02.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is consolidating between the 3/8 and 5/8 levels.
09.02.2018

Murrey Math Lines 09.02.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is consolidating between the 3/8 and 5/8 levels.
08.02.2018

Murrey Math Lines 08.02.2018 (USDCHF, GOLD)

As we can see in the H4 chart, USDCHF has broken the 5/8 level and left its consolidation range.
07.02.2018

Murrey Math Lines 07.02.2018 (USDJPY, USDCAD)

In the H4 chart, USDJPY is consolidating between the 3/8 and 5/8 levels.