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.
29.04.2019
Murrey Math Lines 29.04.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is still trading inside the “oversold zone”.
26.04.2019
Murrey Math Lines 26.04.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD is trading inside the “oversold zone”.
25.04.2019
Murrey Math Lines 25.04.2019 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF is trading upwards and may continue the uptrend to reach the resistance at the 8/8 level.
24.04.2019
Murrey Math Lines 24.04.2019 (USDJPY, USDCAD)
In the H4 chart, USDJPY is still trading below the 7/8 level and may continue falling towards the support at the 5/8 one.
23.04.2019
Murrey Math Lines 23.04.2019 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is expected to test the 5/8 level, rebound from it, and then resume growing towards the resistance at the 7/8 one.
22.04.2019
Murrey Math Lines 22.04.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, the market situation hasn’t changed much since last Friday.
19.04.2019
Murrey Math Lines 19.04.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD has rebounded from the support at the 0/8 level.
18.04.2019
Murrey Math Lines 18.04.2019 (USDCHF, GOLD)
In the H4 chart, USDCHF may rebound from the 7/8 level and resume falling towards the support at the 5/8 one.