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.
17.07.2019
Murray Math Lines 17.07.2019 (USDJPY, USDCAD)
USDJPY attempts at escaping the consolidation area. Traders still have their doubts about further direction of USDCAD price.
16.07.2019
Murray Math Lines 16.07.2019 (AUDUSD, NZDUSD)
AUDUSD keeps moving towards the goal at 8/8. NZDUSD is trading in the overbought area.
15.07.2019
Murray Math Lines 15.07.2019 (EURUSD, GBPUSD)
EURUSD may correct to 6/8, bearish pressure is decreasing.
12.07.2019
Murrey Math Lines 12.07.2019 (EURUSD, GBPUSD)
EURUSD may complete the correction at 5/8, while GBPUSD may grow to reach the resistance at 7/8.
11.07.2019
Murrey Math Lines 11.07.2019 (USDCHF, GOLD)
Bears increase pressure on USDCHF, while XAUUSD is about to update its highs.
10.07.2019
Murrey Math Lines 10.07.2019 (USDJPY, USDCAD)
Bulls start dominating in both USDJPY and USDCAD.
09.07.2019
Murrey Math Lines 09.07.2019 (AUDUSD, NZDUSD)
AUDUSD continues falling to reach the target at 3/8, while NZDUSD is expected to grow towards the resistance at 7/8.
08.07.2019
Murrey Math Lines 08.07.2019 (EURUSD, GBPUSD)
EURUSD continues falling towards the target at 3/8, while GBPUSD is trading close to the support at 5/8.