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.
17.12.2021
Murrey Math Lines 17.12.2021 (Brent, S&P 500)
Brent is returning to 2/8, while the S&P 500 index may complete the correction at 7/8.
16.12.2021
Murrey Math Lines 16.12.2021 (USDCHF, GOLD)
USDCHF is expected to fall towards the support at 6/8; in the case of XAUUSD, the price may return to 0/8.
15.12.2021
Murrey Math Lines 15.12.2021 (USDJPY, USDCAD)
USDJPY may grow and reach 5/8, while USDCAD is expected to leave the “overbought area” and fall towards 8/8.
14.12.2021
Murrey Math Lines 14.12.2021 (AUDUSD, NZDUSD)
AUDUSD is approaching the “oversold area” again, while NZDUSD is expected to break -1/8 and resume growing.
13.12.2021
Murrey Math Lines 13.12.2021 (EURUSD, GBPUSD)
EURUSD is getting back to the “oversold area”, while GBPUSD is still expected to fall and reach 3/8.
10.12.2021
Murrey Math Lines 10.12.2021 (Brent, S&P 500)
Brent is finishing the correction and may resume falling, while the S&P 500 index is heading towards its all-time high.
09.12.2021
Murrey Math Lines 09.12.2021 (USDCHF, GOLD)
USDCHF is still expected to fall towards 5/8; in the case of XAUUSD, the price may break the support at 2/8 and continue trading downwards.
08.12.2021
Murrey Math Lines 08.12.2021 (USDJPY, USDCAD)
USDJPY is returning to 0/8, while USDCAD is heading towards 6/8.