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.
08.08.2022
Murrey Math Lines 08.08.2022 (EURUSD, GBPUSD)
EURUSD may continue falling towards 1/8, while GBPUSD is expected to return to the support at 2/8.
05.08.2022
Murrey Math Lines 05.08.2022 (Brent, S&P 500)
Brent is moving inside the “oversold area”, while the S&P 500 index may return to 1/8.
04.08.2022
Murrey Math Lines 04.08.2022 (USDCHF, GOLD)
USDCHF is still expected to fall and reach 1/8, while XAUUSD may break the resistance at 5/8 and continue trading upwards.
03.08.2022
Murrey Math Lines 03.08.2022 (USDJPY, USDCAD)
USDJPY may continue falling and reach 3/8; in the case of USDCAD, the price has finished the correction and is currently move towards 1/8.
02.08.2022
Murrey Math Lines 02.08.2022 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”, while NZDUSD may move down to 6/8.
01.08.2022
Murrey Math Lines 01.08.2022 (EURUSD, GBPUSD)
EURUSD may break 3/8 and continue falling, while GBPUSD is heading up to 5/8.
29.07.2022
Murrey Math Lines 29.07.2022 (Brent, S&P 500)
Brent is expected to return to the “oversold area”, while the S&P 500 index may break the support at 2/8 and continue falling.
28.07.2022
Murrey Math Lines 28.07.2022 (USDCHF, GOLD)
USDCHF is expected to continue falling, while XAUUSD may return to 3/8.