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.
16.01.2023
Murrey Math Lines 16.01.2023 (EURUSD, GBPUSD)
EURUSD is in the overbought area, GBPUSD is expected to fall to 3/8.
13.01.2023
Murrey Math Lines 13.01.2023 (Brent, S&P 500)
A breakaway of the resistance will indicate growth of Brent, the S&P 500 index is heading for 4/8.
12.01.2023
Murrey Math Lines 12.01.2023 (USDCHF, XAUUSD)
A bounce off 1/8 will indicate falling of USDCHF, Gold is in the overbought area.
11.01.2023
Murray Math Lines 11.01.2023 (USDJPY, USDCAD)
USDJPY is returning to 0/8, USDCAD might fall to the support level of 2/8.
10.01.2023
Murrey Math Lines 10.01.2023 (AUDUSD, NZDUSD)
AUDUSD is in the overbought area, a breakaway of 5/8 will indicate further growth of NZDUSD.
09.01.2023
Murrey Math Lines 09.01.2023 (EURUSD, GBPUSD)
EURUSD is heading for 8/8, GBPUSD quotes may rise to the resistance of 5/8.
30.12.2022
Murrey Math Lines 30.12.2022 (Brent, S&P 500)
Brent quotes may fall to 1/8, S&P 500 remains depressed and expected to fall to -1/8.
29.12.2022
Murrey Math Lines 29.12.2022 (USDCHF, XAUUSD)
Further falling of USDCHF is expected, a breakaway of 6/8 will indicate growth of gold quotes.