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.
21.06.2022
Murrey Math Lines 21.06.2022 (AUDUSD, NZDUSD)
AUDUSD is expected to make another attempt to reach 0/8; in the case of NZDUSD, the price may rebound from 3/8 and resume falling.
17.06.2022
Murrey Math Lines 17.06.2022 (Brent, S&P 500)
Correction is over, quotes of oil are expected to grow; S&P 500 index is in the oversold area.
16.06.2022
Murrey Math Lines 16.06.2022 (USDCHF, XAUUSD)
USDCHF is preparing another leap up; XAUUSD is aiming at 3/8.
15.06.2022
Murrey Math Lines 15.06.2022 (USDJPY, USDCAD)
USDJPY is heading for the overbought area: USDCAD can reach 4/8.
14.06.2022
Murrey Math Lines 14.06.2022 (AUDUSD, NZDUSD)
AUDUSD is nearing the overbought area. A bounce off 3/8 will indicate a decline of NZDUSD.
10.06.2022
Murrey Math Lines 10.06.2022 (Brent, S&P 500)
Brent may correct down to 6/8; in the case of the S&P 500 index, the price is heading towards 0/8.
09.06.2022
Murrey Math Lines 09.06.2022 (USDCHF, GOLD)
USDCHF is returning to 5/8; in the case of XAUUSD, the price may break the support and continue falling.