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.


Murrey Math Lines 06.12.2019 (EURUSD, GBPUSD)

EURUSD may reach 5/8, while GBPUSD is trading close to resistance at 8/8.

Murrey Math Lines 05.12.2019 (USDCHF, GOLD)

USDCHF is consolidating, while XAUUSD may grow to reach 8/8.

Murrey Math Lines 04.12.2019 (USDJPY, USDCAD)

USDJPY may correct towards 5/8, while USDCAD is expected to continue the rising tendency to reach the resistance at 8/8.

Murrey Math Lines 03.12.2019 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD are demonstrating significant growth and may continue their ascending tendencies.

Murrey Math Lines 02.12.2019 (EURUSD, GBPUSD)

EURUSD may test 3/8, while GBPUSD may continue growing towards 7/8.

Murrey Math Lines 29.11.2019 (EURUSD, GBPUSD)

EURUSD may correct towards 2/8, while GBPUSD may continue growing to reach 7/8.

Murrey Math Lines 28.11.2019 (USDCHF, GOLD)

USDCHF is moving close to the “overbought area”, while XAUUSD may grow to reach 7/8.

Murrey Math Lines 27.11.2019 (USDJPY, USDCAD)

USDJPY is moving close to the resistance at 8/8, while USDCAD continues the rising tendency.