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.
07.12.2021
Murrey Math Lines 07.12.2021 (AUDUSD, NZDUSD)
AUDUSD may break 0/8 and continue trading upwards, while NZDUSD is expected to correct up to 1/8.
06.12.2021
Murrey Math Lines 06.12.2021 (EURUSD, GBPUSD)
EURUSD is getting back to 0/8, while GBPUSD may fall to reach the support at 3/8.
03.12.2021
Murrey Math Lines 03.12.2021 (Brent, S&P 500)
Brent is approaching the resistance at 3/8, while the S&P 500 index is slowly recovering after plunging earlier.
02.12.2021
Murrey Math Lines 02.12.2021 (USDCHF, GOLD)
USDCHF may fall towards 5/8; in the case of XAUUSD, the price is approaching the “oversold area”.
01.12.2021
Murrey Math Lines 01.12.2021 (USDJPY, USDCAD)
USDJPY may return to 0/8, while USDCAD is expected to leave the “overbought area”.
30.11.2021
Murrey Math Lines 30.11.2021 (AUDUSD, NZDUSD)
AUDUSD is approaching the “oversold area”, while NZDUSD may correct up to 1/8.
29.11.2021
Murrey Math Lines 29.11.2021 (EURUSD, GBPUSD)
EURUSD may correct up to 3/8, while GBPUSD is expected to break 5/8 and continue trading downwards.
26.11.2021
Murrey Math Lines 26.11.2021 (Brent, S&P 500)
Brent may grow to return to 5/8, while the S&P 500 index is falling towards the closest support at 3/8.