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.
03.03.2023
Murrey Math Lines 03.03.2023 (Brent, S&P 500)
Brent can reach 8/8, the S&P 500 index is declining to 0/8.
02.03.2023
Murrey Math Lines 02.03.2023 (USDCHF, XAUUSD)
USDCHF headed for 8/8, a breakaway of 1/8 will indicate the end of the correction and a drop of gold quotes.
01.03.2023
Murrey Math Lines 01.03.2023 (USDJPY, USDCAD)
USDJPY is nearing the overbought area; USDCAD might correct to 5/8.
28.02.2023
Murrey Math Lines 28.02.2023 (AUDUSD, NZDUSD)
Further falling of AUDUSD is expected, NZDUSD is nearing the oversold area.
27.02.2023
Murrey Math Lines 27.02.2023 (EURUSD, GBPUSD)
EURUSD is expected to correct to 3/8, a breakaway of resistance will indicate growth of GBPUSD.
22.02.2023
Murrey Math Lines 22.02.2023 (USDJPY, USDCAD)
USDJPY is in the overbought area, USDCAD quotes may correct to 5/8.
21.02.2023
Murrey Math Lines 21.02.2023 (AUDUSD, NZDUSD)
A breakaway of 5/8 will indicate falling of AUDUSD, NZDUSD is expected to fall to 1/8.
20.02.2023
Murrey Math Lines 20.02.2023 (EURUSD, GBPUSD)
EURUSD may still fall to 2/8, GBPUSD remains under control of sellers.