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.
25.06.2019
Murrey Math Lines 25.06.2019 (AUDUSD, NZDUSD)
AUDUSD is gathering strengths, while NZDUSD is expected to continue growing towards the resistance at 8/8.
24.06.2019
Murrey Math Lines 24.06.2019 (EURUSD, GBPUSD)
EURUSD may continue growing towards 8/8; in case of GBPUSD, bulls are getting stronger and may push the pair to reach the resistance at 2/8.
21.06.2019
Murrey Math Lines 21.06.2019 (EURUSD, GBPUSD)
EURUSD may continue growing towards 8/8; in case of GBPUSD, bulls are once again trying to reverse the pair to the upside.
20.06.2019
Murrey Math Lines 20.06.2019 (USDCHF, GOLD)
In case of USDCHF, the downtrend continues, while XAUUSD has reached the “overbought area”.
19.06.2019
Murrey Math Lines 19.06.2019 (USDJPY, USDCAD)
In the H4 chart, USDJPY is still trading below 3/8.
18.06.2019
Murrey Math Lines 18.06.2019 (AUDUSD, NZDUSD)
Bulls haven’t been able to prevent AUDUSD from falling, while NZDUSD is expected to test the support at 0/8.
17.06.2019
Murrey Math Lines 17.06.2019 (EURUSD, GBPUSD)
EURUSD may continue falling towards 3/8; GBPUSD have failed to reach 2/8 and the price is about to start a new decline.
14.06.2019
Murrey Math Lines 14.06.2019 (EURUSD, GBPUSD)
EURUSD may continue falling towards 3/8; GBPUSD have failed to reach 2/8 and the price is about to start a new decline.