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.

21.06.2021

Murrey Math Lines 21.06.2021 (EURUSD, GBPUSD)

Both EURUSD and GBPUSD may break 2/8 and continue trading within the downtrend.
18.06.2021

Murrey Math Lines 18.06.2021 (Brent, S&P 500)

Brent may re-test 7/8, while the S&P 500 index is returning to 5/8.
17.06.2021

Murrey Math Lines 17.06.2021 (USDCHF, GOLD)

USDCHF may continue growing, while XAUUSD is expected to break the support at 2/8 and form a new descending wave.
16.06.2021

Murrey Math Lines 16.06.2021 (USDJPY, USDCAD)

USDJPY continues trading upwards, while USDCAD is starting a new rising tendency.
15.06.2021

Murrey Math Lines 15.06.2021 (AUDUSD, NZDUSD)

AUDUSD may break the support at 6/8 and continue falling, while NZDUSD is expected to reach 0/8.
14.06.2021

Murrey Math Lines 14.06.2021 (EURUSD, GBPUSD)

EURUSD is expected to fall towards the support at 1.2054, while GBPUSD may rebound from 7/8 and resume growing.
11.06.2021

Murrey Math Lines 11.06.2021 (Brent, S&P 500)

Brent continues trading upwards, while the S&P 500 index may reach +2/8.
10.06.2021

Murrey Math Lines 10.06.2021 (USDCHF, GOLD)

USDCHF may correct to reach 3/8, while XAUUSD is expected to continue growing.