Forex Murray 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.

08.07.2020

Murrey Math Lines 08.07.2020 (USDJPY, USDCAD)

USDJPY may fall to reach 1/8; in the case of USDCAD, there was a “false” breakout of 3/8.
07.07.2020

Murrey Math Lines 07.07.2020 (AUDUSD, NZDUSD)

AUDUSD is still moving inside the “overbought area”, while NZDUSD is expected to reach 7/8.
06.07.2020

Murrey Math Lines 06.07.2020 (EURUSD, GBPUSD)

EURUSD has rebounded from 4/8, while GBPUSD may grow to reach 8/8.
03.07.2020

Murrey Math Lines 03.07.2020 (Brent, S&P 500)

Brent may yet fall to reach 5/8, while S&P 500 is trading inside the “overbought area” again.
02.07.2020

Murrey Math Lines 02.07.2020 (USDCHF, GOLD)

USDCHF is no longer consolidating and may continue trading downwards, while XAUUSD may fall to reach 3/8.
01.07.2020

Murrey Math Lines 01.07.2020 (USDJPY, USDCAD)

Both USDJPY and USDCAD are consolidating.
30.06.2020

Murrey Math Lines 30.06.2020 (AUDUSD, NZDUSD)

AUDUSD is still moving inside the “overbought area”, while NZDUSD is expected to trade downwards and reach 4/8.
29.06.2020

Murrey Math Lines 29.06.2020 (EURUSD, GBPUSD)

EURUSD may continue falling towards 3/8, while GBPUSD is expected to reach 6/8.