Forex Murrey math lines and forecasts

One of the classic approaches to the currency market analysis, which is successfully applied to everyday trading 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.


Murray Math Lines 22.07.2019 (EURUSD, GBPUSD)

EURUSD is trading in the oversold area again. Bulls are trying to break through 5/8 today.

Murray Math Lines 19.07.2019 (EURUSD, GBPUSD)

Bulls are trying to prevent EURUSD from falling. GBPUSD may grow up to the resistance 8/8.

Murray Math Lines 18.07.2019 (USDCHF, GOLD)

USDCHF may decline to the support at 0/8. Gold is taking new heights.

Murray Math Lines 17.07.2019 (USDJPY, USDCAD)

USDJPY attempts at escaping the consolidation area. Traders still have their doubts about further direction of USDCAD price.

Murray Math Lines 16.07.2019 (AUDUSD, NZDUSD)

AUDUSD keeps moving towards the goal at 8/8. NZDUSD is trading in the overbought area.

Murray Math Lines 15.07.2019 (EURUSD, GBPUSD)

EURUSD may correct to 6/8, bearish pressure is decreasing.

Murrey Math Lines 12.07.2019 (EURUSD, GBPUSD)

EURUSD may complete the correction at 5/8, while GBPUSD may grow to reach the resistance at 7/8.

Murrey Math Lines 11.07.2019 (USDCHF, GOLD)

Bears increase pressure on USDCHF, while XAUUSD is about to update its highs.