Murrey math lines and forecasts
One of the classic approaches to the currency market analysis, which is successfully applied to everyday investment 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.
09.12.2019
Murrey Math Lines 09.12.2019 (EURUSD, GBPUSD)
Bulls failed to keep EURUSD inside the consolidation range, while GBPUSD is still trading close to resistance at 8/8.
06.12.2019
Murrey Math Lines 06.12.2019 (EURUSD, GBPUSD)
EURUSD may reach 5/8, while GBPUSD is trading close to resistance at 8/8.
05.12.2019
Murrey Math Lines 05.12.2019 (USDCHF, GOLD)
USDCHF is consolidating, while XAUUSD may grow to reach 8/8.
04.12.2019
Murrey Math Lines 04.12.2019 (USDJPY, USDCAD)
USDJPY may correct towards 5/8, while USDCAD is expected to continue the rising tendency to reach the resistance at 8/8.
03.12.2019
Murrey Math Lines 03.12.2019 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are demonstrating significant growth and may continue their ascending tendencies.
02.12.2019
Murrey Math Lines 02.12.2019 (EURUSD, GBPUSD)
EURUSD may test 3/8, while GBPUSD may continue growing towards 7/8.
29.11.2019
Murrey Math Lines 29.11.2019 (EURUSD, GBPUSD)
EURUSD may correct towards 2/8, while GBPUSD may continue growing to reach 7/8.
28.11.2019
Murrey Math Lines 28.11.2019 (USDCHF, GOLD)
USDCHF is moving close to the “overbought area”, while XAUUSD may grow to reach 7/8.