Murrey math lines and forecasts

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

06.05.2022

Murrey Math Lines 06.05.2022 (Brent, S&P 500)

Brent is expected to continue rising, while the S&P 500 index may update this year’s low.
05.05.2022

Murrey Math Lines 05.05.2022 (USDCHF, GOLD)

USDCHF has broken the support at 8/8 and may later continue falling; in the case of XAUUSD, the price is expected to return to 0/8.
04.05.2022

Murrey Math Lines 04.05.2022 (EURUSD, GBPUSD)

Both EURUSD and GBPUSD are expected to continue moving downwards.
29.04.2022

Murrey Math Lines 29.04.2022 (Brent, S&P 500)

Brent is trying to reach 3/8 again, while the S&P 500 index may fall towards the support at 0/8.
28.04.2022

Murrey Math Lines 28.04.2022 (USDCHF, GOLD)

USDCHF is approaching the “overbought area”, while XAUUSD may rebound from the support and resume its rising movement.
27.04.2022

Murrey Math Lines 27.04.2022 (USDJPY, USDCAD)

USDJPY continues moving inside the “overbought area”, while USDCAD is expected to fall and reach to 6/8.
26.04.2022

Murrey Math Lines 26.04.2022 (AUDUSD, NZDUSD)

AUDUSD may fall towards the support at 0/8, while NZDUSD is expected to correct up to 2/8.
25.04.2022

Murrey Math Lines 25.04.2022 (EURUSD, GBPUSD)

Both EURUSD and GBPUSD are approaching their respective “oversold areas”.