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.
20.07.2021
Murrey Math Lines 20.07.2021 (AUDUSD, NZDUSD)
AUDUSD has reached the “oversold area”, while NZDUSD is heading towards 0/8.
19.07.2021
Murrey Math Lines 19.07.2021 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD continue moving towards 0/8.
16.07.2021
Murrey Math Lines 16.07.2021 (Brent, S&P 500)
Brent may fall to reach 5/8, while the S&P 500 index is starting a new correction.
15.07.2021
Murrey Math Lines 15.07.2021 (USDCHF, GOLD)
USDCHF may break 6/8 to complete the correction, while XAUUSD continues growing to reach the next target at 4/8.
14.07.2021
Murrey Math Lines 14.07.2021 (USDJPY, USDCAD)
Both USDJPY and USDCAD are quickly heading towards 8/8.
13.07.2021
Murrey Math Lines 13.07.2021 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD may fall and reach 1/8.
12.07.2021
Murrey Math Lines 12.07.2021 (EURUSD, GBPUSD)
EURUSD may fall to reach 0/8, while GBPUSD is expected to re-test 1/8.
02.07.2021
Murrey Math Lines 02.07.2021 (Brent, S&P 500)
Brent is moving within the “overbought area”, while the S&P 500 index continues growing towards the next target at 8/8.