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.
02.05.2023
Murrey Math Lines 02.05.2023 (EURUSD, GBPUSD)
A breakout of resistance levels will indicate further growth of EURUSD and GBPUSD.
28.04.2023
Murrey Math lines 28.04.2023 (Brent, S&P 500)
A downward breakout of 1/8 could indicate a decline in Brent quotes, the S&P 500 index could still rise to the resistance at 6/8.
27.04.2023
Murrey Math Lines 27.04.2023 (USDCHF, XAUUSD)
USDCHF is gradually nearing 0/8, Gold quotes may still rise to +1/8.
26.04.2023
Murrey Math Lines 26.04.2023 (USDJPY, USDCAD)
USDJPY is expected to grow to 7/8, USDCAD is nearing the overbought area.
25.04.2023
Murrey Math Lines 25.04.2023 (AUDUSD, NZDUSD)
A breakout of 2/8 will indicate a decline in AUDUSD and NZDUSD.
21.04.2023
Murrey Math Lines 21.04.2023 (Brent, S&P 500)
The RSI indicates the growth of Brent quotes, The S&P 500 index may still increase.
20.04.2023
Murrey Math Lines 20.04.2023 (USDCHF, XAUUSD)
USDCHF could drop to 0/8, Gold quotes are returning to the overbought area.