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.
16.12.2022
Murrey Math Lines 16.12.2022 (Brent, S&P 500)
Brent quotes are returning to 1/8, S&P 500 aims at the support level of 0/8.
15.12.2022
Murrey Math Lines 15.12.2022 (USDCHF, XAUUSD)
USDCHF is in the overbought area, Gold quotes may return to 6/8.
14.12.2022
Murrey Math Lines 14.12.2022 (USDJPY, USDCAD)
USDJPY may drop to 2/8, USDCAD is winding up correction.
13.12.2022
Murrey Math Lines 13.12.2022 (AUDUSD, NZDUSD)
A breakaway of 7/8 will indicate growth of AUDUSD, NZDUSD quotes are in the overbought area.
09.12.2022
Murrey Math Lines 09.12.2022 (Brent, S&P 500)
Brent quotes are nearing oversold area, the S&P 500 index may return to 0/8.
08.12.2022
Murrey Math Lines 08.12.2022 (USDCHF, XAUUSD)
USDCHF may still drop to 0/8, Gold quotes remain in the overbought area.
07.12.2022
Murrey Math Lines 07.12.2022 (USDJPY, USDCAD)
A bounce off 4/8 will indicate falling of USDJPY, USDCAD quotes reached the overbought area.