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.
15.01.2020
Murrey Math Lines 15.01.2020 (USDJPY, USDCAD)
USDJPY may test 7/8, while USDCAD is correcting towards 3/8.
14.01.2020
Murrey Math Lines 14.01.2020 (AUDUSD, NZDUSD)
AUDUSD may correct towards 2/8, while NZDUSD is consolidating between 3/8 and 5/8.
13.01.2020
Murrey Math Lines 13.01.2020 (EURUSD, GBPUSD)
EURUSD is still consolidating, while GBPUSD continues falling towards the support at 0/8.
10.01.2020
Murrey Math Lines 10.01.2020 (EURUSD, GBPUSD)
EURUSD is consolidating, while GBPUSD may test the support at 0/8.
09.01.2020
Murrey Math Lines 09.01.2020 (USDCHF, GOLD)
USDCHF is trading inside the “oversold area”, while XAUUSD is returning to 0/8.
08.01.2020
Murrey Math Lines 08.01.2020 (USDJPY, USDCAD)
USDJPY may test 0/8 once again, while USDCAD is expected to correct towards 3/8.
31.12.2019
Murrey Math Lines 31.12.2019 (AUDUSD, NZDUSD)
AUDUSD is trading close to the resistance at 3/8, while NZDUSD may grow to reach 8/8.
20.12.2019
Murrey Math Lines 20.12.2019 (EURUSD, GBPUSD)
EURUSD is consolidating again, while GBPUSD may fall to reach 1/8.