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.
21.02.2022
Murrey Math Lines 21.02.2022 (EURUSD, GBPUSD)
EURUSD is returning to 4/8, while GBPUSD is approaching the “overbought area”.
18.02.2022
Murrey Math Lines 18.02.2022 (Brent, S&P 500)
Brent is expected to return to 5/8, while the S&P 500 index may correct up to 2/8.
17.02.2022
Murrey Math Lines 17.02.2022 (USDCHF, GOLD)
USDCHF is expected to fall and reach the support at 5/8; in the case of XAUUSD, the price may rebound from 8/8 and resume trading downwards.
16.02.2022
Murrey Math Lines 16.02.2022 (USDJPY, USDCAD)
USDJPY is trading within the “overbought area”; in the case of USDCAD, the price is expected to grow and reach 7/8.
15.02.2022
Murrey Math Lines 15.02.2022 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are still expected to fall and each 3/8.
14.02.2022
Murrey Math Lines 14.02.2022 (EURUSD, GBPUSD)
EURUSD is heading towards the “oversold area”; in the case of GBPUSD, the price may reach 8/8.
11.02.2022
Murrey Math Lines 11.02.2022 (Brent, S&P 500)
Brent may update this year’s highs, while the S&P 500 index is heading towards 0/8 again.
10.02.2022
Murrey Math Lines 10.02.2022 (USDCHF, GOLD)
Both USDCHF and XAUUSD are getting back inside their respective “overbought areas”.