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.
06.12.2022
Murrey Math Lines 06.12.2022 (AUDUSD, NZDUSD)
AUDUSD quotes may return to the overbought area, NZDUSD are expected to fall to 6/8.
05.12.2022
Murrey Math Lines 05.12.2022 (EURUSD, GBPUSD)
A bounce off 7/8 will signify falling of EURUSD and GBPUSD.
02.12.2022
Murrey Math Lines 02.12.2022 (Brent, S&P 500)
Brent quotes might return to 2/8, The S&P 500 index heads for the resistance at 3/8.
01.12.2022
Murrey Math Lines 01.12.2022 (USDCHF, XAUUSD)
A breakaway of 1/8 will indicate falling of USDCHF, Gold quotes remain in the overbought area.
30.11.2022
Murrey Math Lines 30.11.2022 (USDJPY, USDCAD)
USDJPY are expected to keep falling, USDCAD might return to 2/8.
28.11.2022
Murrey Math Lines 28.11.2022 (EURUSD, GBPUSD)
Breakaway of 5/8 will entail growth of EURUSD, GBPUSD remains in the overbought area.
25.11.2022
Murrey Math Lines 25.11.2022 (Brent, S&P 500)
Breakaway of support may lead to further falling of oil quotes, an uptrend starts on the S&P 500 index chart.