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.
27.05.2020
Murrey Math Lines 27.05.2020 (USDJPY, USDCAD)
USDJPY is still consolidating between 3/8 and 5/8, while USDCAD may test 0/8.
26.05.2020
Murrey Math Lines 26.05.2020 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”, while NZDUSD is still consolidating.
22.05.2020
Murrey Math Lines 22.05.2020 (EURUSD, GBPUSD)
EURUSD may fall and reach 4/8, while GBPUSD is getting back to 3/8.
21.05.2020
Murrey Math Lines 21.05.2020 (USDCHF, GOLD)
USDCHF is consolidating, while XAUUSD may fall to reach 7/8.
20.05.2020
Murrey Math Lines 20.05.2020 (USDJPY, USDCAD)
USDJPY is consolidating between 3/8 and 5/8, while USDCAD is no longer moving inside the “oversold area”.
19.05.2020
Murrey Math Lines 19.05.2020 (AUDUSD, NZDUSD)
AUDUSD may grow to reach 7/8, while NZDUSD is moving close to a strong resistance level.