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.
29.04.2022
Murrey Math Lines 29.04.2022 (Brent, S&P 500)
Brent is trying to reach 3/8 again, while the S&P 500 index may fall towards the support at 0/8.
28.04.2022
Murrey Math Lines 28.04.2022 (USDCHF, GOLD)
USDCHF is approaching the “overbought area”, while XAUUSD may rebound from the support and resume its rising movement.
27.04.2022
Murrey Math Lines 27.04.2022 (USDJPY, USDCAD)
USDJPY continues moving inside the “overbought area”, while USDCAD is expected to fall and reach to 6/8.
26.04.2022
Murrey Math Lines 26.04.2022 (AUDUSD, NZDUSD)
AUDUSD may fall towards the support at 0/8, while NZDUSD is expected to correct up to 2/8.
25.04.2022
Murrey Math Lines 25.04.2022 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD are approaching their respective “oversold areas”.
22.04.2022
Murrey Math Lines 22.04.2022 (Brent, S&P 500)
Brent is expected to grow and reach 3/8, while the S&P 500 index may break the support at 4/8 and continue falling.
21.04.2022
Murrey Math Lines 21.04.2022 (USDCHF, GOLD)
USDCHF continues moving upwards; in the case of XAUUSD, a breakout of 3/8 will result in a new rising movement.
20.04.2022
Murrey Math Lines 20.04.2022 (USDJPY, USDCAD)
USDJPY is still moving inside the “overbought area”, while USDCAD may fall and return to 6/8.