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.
22.04.2020
Murrey Math Lines 22.04.2020 (USDJPY, USDCAD)
USDJPY is still moving between 3/8 and 5/8, while USDCAD may grow to reach 3/8.
21.04.2020
Murrey Math Lines 21.04.2020 (AUDUSD, NZDUSD)
AUDUSD may fall and reach 1/8, while NZDUSD is getting back to 0/8.
20.04.2020
Murrey Math Lines 20.04.2020 (EURUSD, GBPUSD)
EURUSD may yet continue trading downwards, while GBPUSD is still consolidating.
17.04.2020
Murrey Math Lines 17.04.2020 (EURUSD, GBPUSD)
EURUSD continues trading downwards, while GBPUSD is consolidating.
16.04.2020
Murrey Math Lines 16.04.2020 (USDCHF, GOLD)
In the case of USDCHF, a false breakout indicates a possible growth; XAUUSD may fall to reach 5/8.
15.04.2020
Murrey Math Lines 15.04.2020 (USDJPY, USDCAD)
USDJPY is moving between 3/8 and 5/8, while USDCAD may fall to reach 0/8.
14.04.2020
Murrey Math Lines 14.04.2020 (AUDUSD, NZDUSD)
AUDUSD may reach 3/8, while NZDUSD is moving towards its next target at 2/8.
13.04.2020
Murrey Math Lines 13.04.2020 (EURUSD, GBPUSD)
EURUSD is heading towards 3/8, while GBPUSD is consolidating.