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.
18.01.2022
Murrey Math Lines 18.01.2022 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are heading towards 4/8.
17.01.2022
Murrey Math Lines 17.01.2022 (EURUSD, GBPUSD)
The next downside target in EURUSD is 5/8; in the case of GBPUSD, the price is moving within the “overbought area”.
14.01.2022
Murrey Math Lines 14.01.2022 (Brent, S&P 500)
Brent is heading towards the “overbought area”, while the S&P 500 index may continue trading downwards and reach 1/8.
13.01.2022
Murrey Math Lines 13.01.2022 (USDCHF, GOLD)
USDCHF is heading towards 4/8, while XAUUSD may break the resistance at 5/8 and continue growing.
12.01.2022
Murrey Math Lines 12.01.2022 (USDJPY, USDCAD)
USDJPY may continue the correction, while USDCAD is heading towards the “oversold area”.
11.01.2022
Murrey Math Lines 11.01.2022 (AUDUSD, NZDUSD)
AUDUSD may fall and reach 4/8, while NZDUSD is expected to rebound from the resistance and resume trading to the downside.
10.01.2022
Murrey Math Lines 10.01.2022 (EURUSD, GBPUSD)
EURUSD is heading towards 6/8, while GBPUSD may soon reach the “overbought area”.
06.01.2022
Murrey Math Lines 06.01.2022 (USDJPY, USDCAD)
USDJPY is moving within the “overbought area”, while USDCAD is heading towards 8/8.