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.
07.02.2023
Murrey Math Lines 07.02.2023 (AUDUSD, NZDUSD)
A breakaway of 1/8 will indicate growth of AUDUSD, NZDUSD quotes may drop to 2/8.
06.02.2023
Murrey Math Lines 06.02.2023 (EURUSD, GBPUSD)
Correction in EURUSD is coming to an end, GBPUSD is expected to grow to 4/8.
03.02.2023
Murrey Math Lines 03.02.2023 (Brent, S&P 500)
Bounce off the support will indicate growth of Brent quotes, the S&P 500 index may correct to 4/8.
02.02.2023
Murrey Math Lines 02.02.2023 (USDCHF, XAUUSD)
USDCHF is nearing the oversold area, Gold may still grow to 8/8.
01.02.2023
Murrey Math Lines 01.02.2023 (USDJPY, USDCAD)
USDJPY may drop to 1/8, USDCAD are expected to keep falling.
31.01.2023
Murrey Math Lines 31.01.2023 (AUDUSD, NZDUSD)
Breakaway of 2/8 will indicate growth of AUDUSD, NZDUSD quotes may return to 7/8.
30.01.2023
Murrey Math Lines 30.01.2023 (EURUSD, GBPUSD)
EURUSD and GBPUSD are expected to go on growing.
27.01.2023
Murrey Math Lines 27.01.2023 (Brent, S&P 500)
Brent quotes are going up again, a correction of the S&P 500 index to 2/8 is expected.