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.
27.07.2022
Murrey Math Lines 27.07.2022 (USDJPY, USDCAD)
USDJPY may rebound from 8/8 and resume falling, while USDCAD is still expected to head towards 0/8.
26.07.2022
Murrey Math Lines 26.07.2022 (AUDUSD, NZDUSD)
AUDUSD is expected to reach 2/8, while NZDUSD may break the resistance at 3/8 and continue growing.
25.07.2022
Murrey Math Lines 25.07.2022 (EURUSD, GBPUSD)
EURUSD may trade downwards and reach 2/8, while GBPUSD is expected to return to the support at 1/8.
22.07.2022
Murrey Math Lines 22.07.2022 (Brent, S&P 500)
Brent is expected to return to 0/8 again, while the S&P 500 index may correct up to 3/8.
21.07.2022
Murrey Math Lines 21.07.2022 (USDCHF, GOLD)
USDCHF may get back to 5/8, while XAUUSD is moving within the “oversold area”.
20.07.2022
Murrey Math Lines 20.07.2022 (USDJPY, USDCAD)
USDJPY is moving inside the “overbought area”, while USDCAD is heading towards 0/8.
19.07.2022
Murrey Math Lines 19.07.2022 (AUDUSD, NZDUSD)
AUDUSD is leaving the “oversold area”, while NZDUSD may fall and return to -1/8.
18.07.2022
Murrey Math Lines 18.07.2022 (EURUSD, GBPUSD)
EURUSD is expected to continue trading downwards, while GBPUSD may rebound from the resistance at 2/8 and resume its decline.