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.
12.11.2021
Murrey Math Lines 12.11.2021 (Brent, S&P 500)
Oil is going to grow to 7/8 again; S&P 500 might end correction at 3/8.
11.11.2021
Murrey Math Lines 11.11.2021 (USDCHF, XAUUSD)
Gold and USDCHF quotations are heading for 8/8.
10.11.2021
Murrey Math Lines 10.11.2021 (USDJPY, USDCAD)
USDJPY is trading in a consolidation range, USDCAD can still fall to 5/8.
09.11.2021
Murrey Math Lines 09.11.2021 (AUDUSD, NZDUSD)
AUDUSD might test 7/8 again, NZDUSD returns to 6/8.
08.11.2021
Murrey Math Lines for 08.11.2021 (EURUSD, GBPUSD)
A breakaway of the support level at 5/8 will mean further falling of EURUSD. GBPUSD quotations might correct to 3/8.
05.11.2021
Murrey Math Lines 05.11.2021 (Brent, S&P 500)
Brent may get back to 6/8; in the case of the S&P 500 index, the next upside target is 5/8.
04.11.2021
Murrey Math Lines 04.11.2021 (USDCHF, GOLD)
The next downside target in USDCHF is 4/8; in the case of XAUUSD, the price is approaching the “oversold area”.
03.11.2021
Murrey Math Lines 03.11.2021 (USDJPY, USDCAD)
USDJPY is expected to grow and reach 7/8, while USDCAD may rebound from the resistance and resume falling.