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.
03.03.2022
Murrey Math Lines 03.03.2022 (USDCHF, GOLD)
USDCHF may rebound from 7/8 and resume falling; in the case of XAUUSD, the price is expected to re-test 7/8.
02.03.2022
Murrey Math Lines 02.03.2022 (USDJPY, USDCAD)
USDJPY is returning to 8/8, while USDCAD may break the resistance at 5/8 and continue growing.
01.03.2022
Murrey Math Lines 01.03.2022 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are approaching their respective “overbought areas”.
28.02.2022
Murrey Math Lines 28.02.2022 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD may fall and reach 1/8.
25.02.2022
Murrey Math Lines 25.02.2022 (Brent, S&P 500)
Brent is trading within the “overbought area”, while the S&P 500 index may re-test 1/8.Brent is trading within the “overbought area”, while the S&P 500 index may re-test 1/8.
24.02.2022
Murrey Math Lines 24.02.2022 (USDCHF, GOLD)
USDCHF may break the support at 6/8 and continue falling; in the case of XAUUSD, the price is approaching 8/8.
23.02.2022
Murrey Math Lines 23.02.2022 (USDJPY, USDCAD)
USDJPY is returning to 8/8, while USDCAD is trading within the “overbought area”.
22.02.2022
Murrey Math Lines 22.02.2022 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD may grow and reach 8/8.