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.
29.01.2019
Murrey Math Lines 29.01.2019 (AUDUSD, NZDUSD)
In the H4 chart, AUDUSD is expected to continue growing towards the resistance at the 8/8 level.
28.01.2019
Murrey Math Lines 28.01.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, GBPUSD is trading inside the “overbought zone”.
25.01.2019
Murrey Math Lines 25.01.2019 (EURUSD, GBPUSD)
As we can see in the H4 chart, EURUSD has rebounded from the 1/8 level and may resume growing towards the resistance at the 3/8 one.
24.01.2019
Murrey Math Lines 24.01.2019 (USDCHF, GOLD)
In the H4 chart, USDCHF is expected to fall towards the support at the 5/8 level.
23.01.2019
Murrey Math Lines 23.01.2019 (USDJPY, USDCAD)
In the H4 chart, USDJPY is still trading above the 5/8 level; it has been able to fix above the 6/8 level and may continue growing towards the resistance at the 7/8 one.
22.01.2019
Murrey Math Lines 22.01.2019 (AUDUSD, NZDUSD)
As we can see in the H4 chart, AUDUSD is still trading above the 5/8 level and may continue growing towards the resistance at the 8/8 one.
21.01.2019
Murrey Math Lines 21.01.2019 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is still trading below the 3/8 level and may continue falling towards the 0/8 one.
18.01.2019
Murrey Math Lines 18.01.2019 (EURUSD, GBPUSD)
In the H4 chart, EURUSD is trading below the 3/8 level and may continue falling towards the 0/8 one.