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.
30.07.2021
Murrey Math Lines 30.07.2021 (Brent, S&P 500)
Both Brent and S&P 500 index are heading towards 7/8.
29.07.2021
Murrey Math Lines 29.07.2021 (USDCHF, GOLD)
USDCHF is heading towards 4/8, while XAUUSD is expected to update the July high at 1833.70.
28.07.2021
Murrey Math Lines 28.07.2021 (USDJPY, USDCAD)
USDJPY may resume trading upwards, while USDCAD is expected to return to 8/8.
27.07.2021
Murrey Math Lines 27.07.2021 (AUDUSD, NZDUSD)
AUDUSD may rebound from 1/8 and resume falling, while NZDUSD is expected to return to 1/8.
26.07.2021
Murrey Math Lines 26.07.2021 (EURUSD, GBPUSD)
EURUSD continues falling, while GBPUSD may get back inside the “oversold area”.
23.07.2021
Murrey Math Lines 23.07.2021 (Brent, S&P 500)
Brent is heading towards the “overbought area”, while the S&P 500 index may update its all-time highs.
22.07.2021
Murrey Math Lines 22.07.2021 (USDCHF, GOLD)
USDCHF may rebound from 6/8 and resume growing towards 8/8, while XAUUSD returning to 0/8.
21.07.2021
Murrey Math Lines 21.07.2021 (USDJPY, USDCAD)
USDJPY may re-enter the “oversold” area, while USDCAD is trading within the “overbought” one.