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.
27.11.2019
Murrey Math Lines 27.11.2019 (USDJPY, USDCAD)
USDJPY is moving close to the resistance at 8/8, while USDCAD continues the rising tendency.
26.11.2019
Murrey Math Lines 26.11.2019 (AUDUSD, NZDUSD)
AUDUSD continues falling towards 0/8, while NZDUSD may reach 8/8 today.
25.11.2019
Murrey Math Lines 25.11.2019 (EURUSD, GBPUSD)
EURUSD continues falling towards 0/8; in case of GBPUSD, 5/8 prevents the pair from further decline.
22.11.2019
Murrey Math Lines 22.11.2019 (EURUSD, GBPUSD)
EURUSD may correct towards 1/8, while GBPUSD is expected to continue growing.
21.11.2019
Murrey Math Lines 21.11.2019 (USDCHF, GOLD)
USDCHF is still consolidating, while XAUUSD may test 4/8.
20.11.2019
Murrey Math Lines 20.11.2019 (USDJPY, USDCAD)
USDJPY may reach 8/8, while USDCAD is no longer consolidating.
19.11.2019
Murrey Math Lines 19.11.2019 (AUDUSD, NZDUSD)
AUDUSD may correct towards 8/8, while NZDUSD is still trading inside the “overbought area”.
18.11.2019
Murrey Math Lines 18.11.2019 (EURUSD, GBPUSD)
EURUSD may reach 6/8, while GBPUSD is still heading towards 7/8.