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.
11.09.2019
Murrey Math Lines 11.09.2019 (USDJPY, USDCAD)
USDJPY is moving towards 8/8, while USDCAD is trading inside the “oversold area”.
10.09.2019
Murrey Math Lines 10.09.2019 (AUDUSD, NZDUSD)
AUDUSD is moving towards 5/8, while NZDUSD has left the “oversold area”.
09.09.2019
Murrey Math Lines 09.09.2019 (EURUSD, GBPUSD)
EURUSD is heading towards the support at 0/8, while GBPUSD may continue growing.
06.09.2019
Murrey Math Lines 06.09.2019 (EURUSD, GBPUSD)
EURUSD may test the support at 0/8, while GBPUSD is “starving” for a correction.
05.09.2019
Murrey Math Lines 05.09.2019 (USDCHF, GOLD)
Bulls keep their hopes up to push USDCHF towards 3/8, while XAUUSD is still trading inside the “overbought zone”.
04.09.2019
Murrey Math Lines 04.09.2019 (USDJPY, USDCAD)
USDJPY is getting ready for the next move, while USDCAD is about to complete the uptrend.
03.09.2019
Murrey Math Lines 03.09.2019 (AUDUSD, NZDUSD)
AUDUSD continues falling towards the support at 0/8, while NZDUSD has reached the “oversold area”.
02.09.2019
Murrey Math Lines 02.09.2019 (EURUSD, GBPUSD)
EURUSD has reached the “oversold area”, while bears may force GBPUSD to start one more descending wave.