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.
07.04.2022
Murrey Math Lines 07.04.2022 (USDCHF, GOLD)
USDCHF may re-test the resistance at 6/8, while XAUUSD is approaching the “oversold area”.
06.04.2022
Murrey Math Lines 06.04.2022 (USDJPY, USDCAD)
USDJPY is approaching the “overbought area”, while USDCAD is expected to continue trading downwards.
05.04.2022
Murrey Math Lines 05.04.2022 (AUDUSD, NZDUSD)
AUDUSD is moving within the “overbought area”, while NZDUSD is heading towards 8/8.
04.04.2022
Murrey Math Lines 04.04.2022 (EURUSD, GBPUSD)
EURUSD may break 2/8 and continue falling, while GBPUSD is expected to trade downwards and reach the support at 2/8.
01.04.2022
Murrey Math Lines 01.04.2022 (Brent, S&P 500)
Brent is approaching the “oversold area” again, while the S&P 500 index may reach the resistance at 8/8.
31.03.2022
Murrey Math Lines 31.03.2022 (USDCHF, GOLD)
USDCHF is expected to fall towards the support at 2/8, while XAUUSD may grow to reach 8/8.
30.03.2022
Murrey Math Lines 30.03.2022 (USDJPY, USDCAD)
USDJPY may return to 7/8, while USDCAD is approaching the “oversold area”.
29.03.2022
Murrey Math Lines 29.03.2022 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”; in the case of NZDUSD, the price is expected to complete the correction and resume growing.