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 11.12.2019 (USDJPY, USDCAD)

USDJPY is consolidating, while USDCAD may fall towards 3/8.

Murrey Math Lines 10.12.2019 (AUDUSD, NZDUSD)

AUDUSD is consolidating, while NZDUSD may fall to reach 5/8.

Murrey Math Lines 09.12.2019 (EURUSD, GBPUSD)

Bulls failed to keep EURUSD inside the consolidation range, while GBPUSD is still trading close to resistance at 8/8.

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.