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.
01.07.2021
Murrey Math Lines 01.07.2021 (USDCHF, GOLD)
USDCHF may rebound from 8/8 and resume falling, while XAUUSD is expected to grow and reach 1812.50
30.06.2021
Murrey Math Lines 30.06.2021 (USDJPY, USDCAD)
USDJPY continues the correction, while USDCAD is returning to 8/8.
29.06.2021
Murrey Math Lines 29.06.2021 (AUDUSD, NZDUSD)
After completing their respective corrections, both AUDUSD and NZDUSD are moving downwards.
28.06.2021
Murrey Math Lines 28.06.2021 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD may fall to reach 1/8.
25.06.2021
Murrey Math Lines 25.06.2021 (Brent, S&P 500)
Brent has reached the “overbought area”, while the S&P 500 index continues updating its all-time highs.
24.06.2021
Murrey Math Lines 24.06.2021 (USDCHF, GOLD)
USDCHF is approaching the “overbought area”, while XAUUSD may fall and reach the support at 1750.00.
23.06.2021
Murrey Math Lines 23.06.2021 (USDJPY, USDCAD)
USDJPY is approaching the “overbought area”, while USDCAD may break 6/8 and continue trading upwards.
22.06.2021
Murrey Math Lines 22.06.2021 (AUDUSD, NZDUSD)
AUDUSD is consolidating, while NZDUSD may correct to reach 4/8.