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.
11.08.2021
Murrey Math Lines for 11.09.2021 (USDJPY, USDCAD)
USDJPY quotations might test the resistance level of 111.33; USDCAD is making the second attempt to reach 7/8.
10.08.2021
Murrey Math Lines for 10.08.2021 (AUDUSD, NZDUSD)
AUDUSD has reached the oversold area; NZDUSD are heading for 3/8.
09.08.2021
Murrey Math Lines for 09.06.2021 (EURUSD, GBPUSD)
EURUSD is nearing the oversold area; GBPUSD might still grow to 5/8.
06.08.2021
Murrey Math Lines 06.08.2021 (Brent, S&P 500)
Oil quotations may still fall to 4/8; S&P is reneweing its all-time high again.
05.08.2021
Murrey Math Lines 05.08.2021 (USDCHF, XAUUSD)
USDCHF quotations are correcting to 3/8; Gold keeps trading in a consolidations range.
04.08.2021
Murrey Math Lines 04.08.2021 (USDJPY, USDCAD)
USDJPY is trading in the oversold area; a breakaway off 5/8 might provoke growth of USDCAD.
03.08.2021
Murrey Math Lines 03.08.2021 (AUDUSD, NZDUSD)
AUDUSD is correcting to 2/8, if NZDUSD breaks 3/8 the trend might change.
02.08.2021
Murrey Math Lines 02.08.2021 (EURUSD, GBPUSD)
EURUSD is returning to 1/8, GBPUSD might test the resistance at 5/8 again.