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.
14.10.2022
Murrey Math Lines 14.10.2022 (Brent, S&P 500)
Brent is heading towards 8/8, while the S&P 500 index is still moving inside the “oversold area”.
13.10.2022
Murrey Math Lines 13.10.2022 (USDCHF, XAUUSD)
USDCHF may break 6/8 and continue growing, while XAUUSD is expected to fall and reach 1/8.
12.10.2022
Murrey Math Lines 12.10.2022 (USDJPY, USDCAD)
USDJPY might correct down to 4/8, while USDCAD is trading inside the “overbought area”.
11.10.2022
Murrey Math Lines 11.10.2022 (AUDUSD, NZDUSD)
AUDUSD may correct up to 5/8, while NZDUSD is expected to rebound from the support and resume growing.
10.10.2022
Murrey Math Lines 10.10.2022 (EURUSD, GBPUSD)
EURUSD got back inside the “oversold area”, while GBPUSD is expected to continue falling.
07.10.2022
Murrey Math Lines 07.10.2022 (Brent, S&P 500)
Brent may get back to 5/8, while the S&P 500 index is still moving inside the “oversold area”.
06.10.2022
Murrey Math Lines 06.10.2022 (USDCHF, XAUUSD)
USDCHF is expected to return to 6/8, while XAUUSD may break 5/8 and continue growing.
05.10.2022
Murrey Math Lines 05.10.2022 (USDJPY, USDCAD)
USDJPY is still trading inside the “overbought area”, while USDCAD may continue the correction.