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.
08.06.2022
Murrey Math Lines 08.06.2022 (USDJPY, USDCAD)
USDJPY may continue trading upwards, while USDCAD is still moving within the “oversold area”.
07.06.2022
Murrey Math Lines 07.06.2022 (AUDUSD, NZDUSD)
AUDUSD is expected to reach 4/8; in the case of NZDUSD, bears are raising pressure and may push the price towards 4/8.
06.06.2022
Murrey Math Lines 06.06.2022 (EURUSD, GBPUSD)
EURUSD is expected to fall; in the case of GBPUSD, the price may break 2/8 and continue trading downwards.
03.06.2022
Murrey Math Lines 27.05.2022 (Brent, S&P 500)
The next upside target in Brent is at 8/8; in the case of the S&P 500 index, the price may re-test 1/8.
02.06.2022
Murrey Math Lines 02.06.2022 (USDCHF, GOLD)
USDCHF may rebound from the resistance and resume falling; in the case of XAUUSD, the price is expected to drop to 2/8.
01.06.2022
Murrey Math Lines 01.06.2022 (USDJPY, USDCAD)
USDJPY is heading towards 7/8, while USDCAD is moving within the “oversold area”.
31.05.2022
Murrey Math Lines 31.05.2022 (AUDUSD, NZDUSD)
A breakout of 3/8 in AUDUSD may lead to a further uptrend; in the case of NZDUSD, the price is expected to continue trading upwards.
30.05.2022
Murrey Math Lines 30.05.2022 (EURUSD, GBPUSD)
After reaching the “overbought area”, EURUSD is expected to fall; in the case of GBPUSD, the price is heading towards 5/8.