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.
25.11.2021
Murrey Math Lines 25.11.2021 (USDCHF, GOLD)
USDCHF is expected to fall towards the support at 7/8; in the case of XAUUSD, the price may rebound from 3/8 and resume trading downwards.
24.11.2021
Murrey Math Lines 24.11.2021 (USDJPY, USDCAD)
USDJPY is approaching the “overbought area”, while USDCAD may correct down to support at 6/8.
23.11.2021
Murrey Math Lines 23.11.2021 (AUDUSD, NZDUSD)
AUDUSD is trading within the “oversold area”, while NZDUSD may fall and reach 0/8.
22.11.2021
Murrey Math Lines 22.11.2021 (EURUSD, GBPUSD)
EURUSD is approaching the “oversold area”, while GBPUSD may correct up to 2/8.
19.11.2021
Murrey Math Lines 19.11.2021 (Brent, S&P 500)
Brent may fall and reach 3/8, while the S&P 500 index is heading towards the resistance at 5/8.
18.11.2021
Murrey Math Lines 18.11.2021 (USDCHF, GOLD)
USDCHF is moving within the “overbought area”; in the case of XAUUSD, the price may correct down to 6/8.
17.11.2021
Murrey Math Lines 17.11.2021 (USDJPY, USDCAD)
Both USDJPY and USDCAD may reach their respective “overbought areas”.
16.11.2021
Murrey Math Lines 16.11.2021 (AUDUSD, NZDUSD)
After completing their respective corrections, both AUDUSD and NZDUSD are expected to resume falling.