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.
19.12.2019
Murrey Math Lines 19.12.2019 (USDCHF, GOLD)
USDCHF may fall towards 0/8, while XAUUSD may yet grow to reach 8/8.
18.12.2019
Murrey Math Lines 18.12.2019 (USDJPY, USDCAD)
USDJPY is trading inside the “overbought area”, while USDCAD may grow towards 5/8.
17.12.2019
Murrey Math Lines 17.12.2019 (AUDUSD, NZDUSD)
AUDUSD may fall to reach 3/8, while NZDUSD is trading inside the “overbought area”.
16.12.2019
Murrey Math Lines 16.12.2019 (EURUSD, GBPUSD)
EURUSD is consolidating again, while GBPUSD may fall to reach 4/8.
12.12.2019
Murrey Math Lines 12.12.2019 (USDCHF, GOLD)
USDCHF may fall towards 0/8, while XAUUSD may grow to reach 8/8.
11.12.2019
Murrey Math Lines 11.12.2019 (USDJPY, USDCAD)
USDJPY is consolidating, while USDCAD may fall towards 3/8.
10.12.2019
Murrey Math Lines 10.12.2019 (AUDUSD, NZDUSD)
AUDUSD is consolidating, while NZDUSD may fall to reach 5/8.