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.
13.06.2019
Murrey Math Lines 13.06.2019 (USDCHF, GOLD)
USDCHF may break 3/8 to continue bullish domination, while XAUUSD has failed to break 7/8 and may resume falling.
12.06.2019
Murrey Math Lines 12.06.2019 (USDJPY, USDCAD)
USDJPY is about to finish the correction, while USDCAD is still trading within the downtrend.
11.06.2019
Murrey Math Lines 11.06.2019 (AUDUSD, NZDUSD)
In case of AUDUSD, the correction may finished at 2/8, while NZDUSD bulls may break 5/8 and continue pushing the price upwards.
07.06.2019
Murrey Math Lines 07.06.2019 (EURUSD, GBPUSD)
Bulls aren’t strong enough to continue pushing EURUSD, while GBPUSD can’t decide on where to move.
06.06.2019
Murrey Math Lines 06.06.2019 (USDCHF, GOLD)
USDCHF may continue trading downwards; XAUUSD may require a correction to the downside, but bulls are against it.
05.06.2019
Murrey Math Lines 05.06.2019 (USDJPY, USDCAD)
USDJPY can’t decide on where to move, while USDCAD is still falling towards the support at the 0/8 level.
04.06.2019
Murrey Math Lines 04.06.2019 (AUDUSD, NZDUSD)
Bulls managed to stop AUDUSD from falling last Friday and their dominance has continued since.
03.06.2019
Murrey Math Lines 03.06.2019 (EURUSD, GBPUSD)
EURUSD is returning to 1.1261, while bull are trying to take charge over GBPUSD.