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.
16.03.2022
Murrey Math Lines 16.03.2022 (USDJPY, USDCAD)
USDJPY is approaching the “overbought area”, while USDCAD may re-test 7/8.
15.03.2022
Murrey Math Lines 15.03.2022 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD may fall to reach 4/8.
14.03.2022
Murrey Math Lines 14.03.2022 (EURUSD, GBPUSD)
EURUSD is approaching 0/8, while GBPUSD is expected to continue falling.
11.03.2022
Murrey Math Lines 11.03.2022 (Brent, S&P 500)
Brent is expected to complete the correction and resume trading upwards, while the S&P 500 index may return to 1/8.
10.03.2022
Murrey Math Lines 10.03.2022 (USDCHF, GOLD)
USDCHF may grow to reach 6/8; in the case of XAUUSD, the price has left the “overbought area”.
09.03.2022
Murrey Math Lines 09.03.2022 (USDJPY, USDCAD)
USDJPY is trading within the “overbought area”, while USDCAD is approaching 8/8.
07.03.2022
Murrey Math Lines 07.03.2022 (EURUSD, GBPUSD)
EURUSD is approaching the “oversold area”, while GBPUSD may correct up to 2/8.
04.03.2022
Murrey Math Lines 04.03.2022 (Brent, S&P 500)
Brent is expected to continue trading upwards, while the S&P 500 index may fall and each 2/8.