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.
29.08.2022
Murrey Math Lines 29.08.2022 (EURUSD, GBPUSD)
EURUSD may continue trading downwards, while GBPUSD is moving within the “oversold area”.
26.08.2022
Murrey Math Lines 26.08.2022 (Brent, S&P 500)
Brent may return to 3/8, while the S&P 500 index remains under pressure.
25.08.2022
Murrey Math Lines 25.08.2022 (USDCHF, GOLD)
USDCHF is starting a new rising tendency, while XAUUSD is moving inside the “overbought area”.
23.08.2022
Murrey Math Lines 23.08.2022 (AUDUSD, NZDUSD)
AUDUSD is expected to continue falling; in the case of NZDUSD, the price may rebound from the resistance and resume trading downwards.
22.08.2022
Murrey Math Lines 22.08.2022 (EURUSD, GBPUSD)
EURUSD is approaching the “oversold area”, while GBPUSD may fall and reach 0/8 soon.
19.08.2022
Murrey Math Lines 19.08.2022 (Brent, S&P 500)
Brent is moving inside the “oversold area”, while the S&P 500 index may reach 5/8.