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.
04.03.2019
Murrey Math Lines 04.03.2019 (EURUSD, GBPUSD)
In the H4 chart, the pair is still trading below the 3/8 level and may start a new decline to reach the support at the 1/8 one.
01.03.2019
Murrey Math Lines 01.03.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, GBPUSD has rebounded from the resistance at the 5/8 level and may resume falling towards the support at the 3/8 one.
28.02.2019
Murrey Math Lines 28.02.2019 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF is consolidating.
27.02.2019
Murrey Math Lines 27.02.2019 (USDJPY, USDCAD)
As we can see in the H4 chart, yesterday USDJPY rebounded from the resistance at the 8/8 level and may resume falling towards the support at the 5/8 one.
26.02.2019
Murrey Math Lines 26.02.2019 (AUDUSD, NZDUSD)
As we can see in the H4 chart, AUDUSD has rebounded from the resistance at the 3/8 level and may resume falling towards the support at the 0/8 one.
25.02.2019
Murrey Math Lines 25.02.2019 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is still expected to fall towards the support at the 0/8 level.
22.02.2019
Murrey Math Lines 22.02.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD has failed to break the 2/8 level once again and may resume falling towards the support at the 0/8 one.
21.02.2019
Murrey Math Lines 21.02.2019 (USDCHF, GOLD)
As we can see in the H4 chart, USDCHF is consolidating.