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.
28.12.2022
Murrey Math Lines 28.12.2022 (USDJPY, USDCAD)
USDJPY might return to 2/8, a downtrend starts developing on the USDCAD chart.
27.12.2022
Murrey Math Lines 27.12.2022 (AUDUSD, NZDUSD)
AUDUSD headed for 8/8, a breakaway of the resistance level will trigger growth of NZDUSD.
26.12.2022
Murrey Math Lines 26.12.2022 (EURUSD, GBPUSD)
EURUSD might reach 8/8, GBPUSD is finishing a correction.
23.12.2022
Murrey Math Lines 23.12.2022 (Brent, S&P 500)
A breakaway of the support level will indicate falling of Brent, the S&P 500 index may rise to 2/8.
22.12.2022
Murrey Math Lines 22.12.2022 (USDCHF, XAUUSD)
USDCHF is in the oversold area, Gold quotes may reach 7/8.
21.12.2022
Murrey Math Lines 21.12.2022 (USDJPY, USDCAD)
USDJPY remains under pressure of sellers, USDCAD is nearing the overbought area.
20.12.2022
Murrey Math Lines 20.12.2022 (AUDUSD, NZDUSD)
Further falling of AUDUSD is expected, NZDUSD quotes may rise to 5/8.
19.12.2022
Murray Math Lines 19.12.2022 (EURUSD, GBPUSD)
EURUSD might return to 8/8, a breakaway of the resistance level will signify growth of GBPUSD.