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.
01.07.2022
Murrey Math Lines 01.07.2022 (Brent, S&P 500)
Brent is trying to reach 2/8 again, while the S&P 500 index has returned to 0/8.
30.06.2022
Murrey Math Lines 30.06.2022 (USDCHF, GOLD)
USDCHF is slowly moving towards 0/8, while XAUUSD is expected to continue falling.
29.06.2022
Murrey Math Lines 29.06.2022 (USDJPY, USDCAD)
USDJPY is approaching the “overbought area”, while USDCAD is finishing the correction.
28.06.2022
Murrey Math Lines 28.06.2022 (AUDUSD, NZDUSD)
AUDUSD is approaching the “oversold area”, while NZDUSD may fall and reach 1/8.
27.06.2022
Murrey Math Lines 27.06.2022 (EURUSD, GBPUSD)
EURUSD is still expected to fall towards 2/8, while GBPUSD may break 4/8 and continue trading downwards.
24.06.2022
Murrey Math Lines 24.06.2022 (Brent, S&P 500)
Brent is trading down to 1/8, while the S&P 500 index may correct up to the resistance at 2/8.
23.06.2022
Murrey Math Lines 23.06.2022 (USDCHF, GOLD)
USDCHF is moving within the “oversold area”, while XAUUSD is returning to 0/8.
22.06.2022
Murrey Math Lines 22.06.2022 (USDJPY, USDCAD)
USDJPY is approaching the “overbought area”, while USDCAD may continue trading upwards to reach 4/8.