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.

20.06.2019

Murrey Math Lines 20.06.2019 (USDCHF, GOLD)

In case of USDCHF, the downtrend continues, while XAUUSD has reached the “overbought area”.
19.06.2019

Murrey Math Lines 19.06.2019 (USDJPY, USDCAD)

In the H4 chart, USDJPY is still trading below 3/8.
18.06.2019

Murrey Math Lines 18.06.2019 (AUDUSD, NZDUSD)

Bulls haven’t been able to prevent AUDUSD from falling, while NZDUSD is expected to test the support at 0/8.
17.06.2019

Murrey Math Lines 17.06.2019 (EURUSD, GBPUSD)

EURUSD may continue falling towards 3/8; GBPUSD have failed to reach 2/8 and the price is about to start a new decline.
14.06.2019

Murrey Math Lines 14.06.2019 (EURUSD, GBPUSD)

EURUSD may continue falling towards 3/8; GBPUSD have failed to reach 2/8 and the price is about to start a new decline.
13.06.2019

Murrey Math Lines 13.06.2019 (USDCHF, GOLD)

USDCHF may break 3/8 to continue bullish domination, while XAUUSD has failed to break 7/8 and may resume falling.
12.06.2019

Murrey Math Lines 12.06.2019 (USDJPY, USDCAD)

USDJPY is about to finish the correction, while USDCAD is still trading within the downtrend.
11.06.2019

Murrey Math Lines 11.06.2019 (AUDUSD, NZDUSD)

In case of AUDUSD, the correction may finished at 2/8, while NZDUSD bulls may break 5/8 and continue pushing the price upwards.