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.
14.03.2019
Murrey Math Lines 14.03.2019 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF is trading at the 5/8 level.
13.03.2019
Murrey Math Lines 13.03.2019 (USDJPY, USDCAD)
In the H4 chart, USDJPY is expected to test the 7/8 level, rebound from it, and then resume falling towards the support at the 5/8 one.
11.03.2019
Murrey Math Lines 11.03.2019 (EURUSD, GBPUSD)
In the H4 chart, the pair is expected to break the 0/8 level and continue growing to reach the resistance at the 3/8 one.
07.03.2019
Murrey Math Lines 07.03.2019 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF has broken the 5/8 level and may continue growing towards the resistance at the 8/8 one.
06.03.2019
Murrey Math Lines 06.03.2019 (USDJPY, USDCAD)
In the H4 chart, USDJPY is expected to continue growing towards the resistance at the 8/8 level.
05.03.2019
Murrey Math Lines 05.03.2019 (AUDUSD, NZDUSD)
As we can see in the H4 chart, AUDUSD is trading inside the “oversold zone”.