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.
09.02.2022
Murrey Math Lines 09.02.2022 (USDJPY, USDCAD)
USDJPY is expected to correct down to 6/8; in the case of USDCAD, the price may reach the resistance at 5/8.
07.02.2022
Murrey Math Lines 07.02.2022 (EURUSD, GBPUSD)
EURUSD may break the resistance and continue moving upwards; in the case of GBPUSD, the price is getting back to 7/8.
04.02.2022
Murrey Math Lines 04.02.2022 (Brent, S&P 500)
Brent continues updating its highs and the next upside target is at 7/8; in the case of the S&P 500 index, the price has finished the correction and may soon return to 0/8.
03.02.2022
Murrey Math Lines 03.02.2022 (USDCHF, GOLD)
USDCHF may fall to reach 5/8, while XAUUSD is expected to complete the correction and start a new decline.
02.02.2022
Murrey Math Lines 02.02.2022 (USDJPY, USDCAD)
USDJPY is returning to 8/8; in the case of USDCAD, the price may break the resistance and grow towards 5/8.
01.02.2022
Murrey Math Lines 01.02.2022 (AUDUSD, NZDUSD)
The next downside target in AUDUSD is at 2/8, while NZDUSD may correct up to 5/8.
31.01.2022
Murrey Math Lines 31.01.2022 (EURUSD, GBPUSD)
EURUSD is trading within the “oversold area”; in the case of GBPUSD, the price may break the support and continue moving downwards.