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.
08.08.2019
Murrey Math Lines 08.08.2019 (USDCHF, GOLD)
USDCHF may break 0/8 and start a correction; XAUUSD has reached the “overbought area”.
07.08.2019
Murrey Math Lines 07.08.2019 (USDJPY, USDCAD)
USDJPY is trading inside the “oversold area”, while USDCAD may start a correction towards 5/8.
06.08.2019
Murrey Math Lines 06.08.2019 (AUDUSD, NZDUSD)
AUDUSD is moving inside the “oversold area”, while NZDUSD may grow towards the resistance at 5/8.
05.08.2019
Murrey Math Lines 05.08.2019 (EURUSD, GBPUSD)
EURUSD may be corrected towards 3/8, while GBPUSD may start a new correction after breaking 4/8.
02.08.2019
Murrey Math Lines 02.08.2019 (EURUSD, GBPUSD)
EURUSD may be corrected towards 3/8, while GBPUSD is boosting the downtrend.
01.08.2019
Murrey Math Lines 01.08.2019 (USDCHF, GOLD)
USDCHF is boosting the uptrend, while XAUUSD may fall towards the support at 4/8.
31.07.2019
Murrey Math Lines 31.07.2019 (USDJPY, USDCAD)
USDJPY has reached the “overbought area”, while USDCAD is slowing down its decline.
30.07.2019
Murrey Math Lines 30.07.2019 (AUDUSD, NZDUSD)
Bulls lost control over AUDUSD, while NZDUSD is expected to complete the correction.