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.
05.01.2022
Murrey Math Lines 05.01.2022 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”, while NZDUSD may fall and reach 2/8.
04.01.2022
Murrey Math Lines 04.01.2022 (EURUSD, GBPUSD)
EURUSD is expected to return to the support at 0/8, while GBPUSD may break the resistance and continue growing.
27.12.2021
Murrey Math Lines 27.12.2021 (EURUSD, GBPUSD)
EURUSD is expected to form another descending structure to reach the support at 0/8, while GBPUSD may grow towards 5/8 and.
24.12.2021
Murrey Math Lines 24.12.2021 (Brent, S&P 500)
Brent is heading towards 81.25, while the S&P 500 index is trading within the “overbought area”.
23.12.2021
Murrey Math Lines 23.12.2021 (USDCHF, GOLD)
USDCHF is expected to fall towards 5/8, while XAUUSD may break 4/8 and continue growing.
22.12.2021
Murrey Math Lines 22.12.2021 (USDJPY, USDCAD)
USDJPY is heading towards 6/8, while USDCAD may grow and reach the resistance at 7/8.
21.12.2021
Murrey Math Lines 21.12.2021 (AUDUSD, NZDUSD)
Having rebounded from 0/8, AUDUSD is expected to resume growing; in the case of NZDUSD, the price may correct up to 0/8.
20.12.2021
Murrey Math Lines 20.12.2021 (EURUSD, GBPUSD)
EURUSD is moving close to the “oversold area”, while GBPUSD may break 4/8 and continue falling.