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.
30.08.2019
Murrey Math Lines 30.08.2019 (EURUSD, GBPUSD)
Bulls couldn’t keep control over EURUSD, while GBPUSD is back to trading downwards.
29.08.2019
Murrey Math Lines 29.08.2019 (USDCHF, GOLD)
USDCHF is trying to reach 3/8 once again, while XAUUSD is expected to start a new correction towards 7/8.
28.08.2019
Murrey Math Lines 28.08.2019 (USDJPY, USDCAD)
USDJPY continues consolidating, while USDCAD is heading towards the resistance at 8/8.
27.08.2019
Murrey Math Lines 27.08.2019 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD continue consolidating before starting strong movements.
26.08.2019
Murrey Math Lines 26.08.2019 (EURUSD, GBPUSD)
EURUSD is trying to continue its growth, while GBPUSD is getting closer to a strong resistance level.
23.08.2019
Murrey Math Lines 23.08.2019 (EURUSD, GBPUSD)
EURUSD is about to start a new growth; bulls are attacking and trying to make GBPUSD resume moving to the upside.
22.08.2019
Murrey Math Lines 22.08.2019 (USDCHF, GOLD)
USDCHF is forming a correction towards 3/8, while XAUUSD is still trading inside the “overbought area”.
21.08.2019
Murrey Math Lines 21.08.2019 (USDJPY, USDCAD)
USDJPY is reversing to the upside, while USDCAD may grow towards the resistance at 8/8.