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.

09.06.2020

Murrey Math Lines 09.06.2020 (AUDUSD, NZDUSD)

AUDUSD is moving inside the “overbought area”, while NZDUSD may grow to reach 8/8.
08.06.2020

Murrey Math Lines 08.06.2020 (EURUSD, GBPUSD)

EURUSD may fall to reach 1.1108, while GBPUSD is moving inside the “overbought area”.
05.06.2020

Murrey Math Lines 05.06.2020 (EURUSD, GBPUSD)

EURUSD has reached 5/8, while GBPUSD is expected to correct towards 6/8.
04.06.2020

Murrey Math Lines 04.06.2020 (USDCHF, GOLD)

USDCHF and XAUUSD are trading at 3/8 and 5/8 respectively.
03.06.2020

Murrey Math Lines 03.06.2020 (USDJPY, USDCAD)

USDJPY may reach 8/8, while USDCAD is moving inside the “oversold area”.
02.06.2020

Murrey Math Lines 02.06.2020 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD may fall towards 5/8.
01.06.2020

Murrey Math Lines 01.06.2020 (EURUSD, GBPUSD)

EURUSD may continue growing to reach 8/8, while GBPUSD is expected to rise towards 7/8.
29.05.2020

Murrey Math Lines 29.05.2020 (EURUSD, GBPUSD)

EURUSD is no longer consolidating and may continue growing, while GBPUSD is moving towards 6/8.