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.
18.05.2021
Murrey Math Lines 18.05.2021 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”, while NZDUSD may reach the resistance at 8/8.
17.05.2021
Murrey Math Lines 17.05.2021 (EURUSD, GBPUSD)
EURUSD is trying to reach 8/8, while GBPUSD is getting back inside the “overbought area”.
14.05.2021
Murrey Math Lines 14.05.2021 (Brent, S&P 500)
Brent may grow to reach 70.31, while the S&P 500 index is recovering after plunging earlier.
13.05.2021
Murrey Math Lines 13.05.2021 (USDCHF, GOLD)
USDCHF is still trading sideways, while XAUUSD may rebound from 6/8 and finish the correction.
12.05.2021
Murrey Math Lines 12.05.2021 (USDJPY, USDCAD)
USDJPY may rebound from 3/8 and resume falling, while USDCAD is expected to correct towards 5/8.
11.05.2021
Murrey Math Lines 11.05.2021 (AUDUSD, NZDUSD)
AUDUSD is moving inside the “overbought area”, while NZDUSD is approaching the resistance at 8/8.
10.05.2021
Murrey Math Lines 10.05.2021 (EURUSD, GBPUSD)
EURUSD is approaching the ”overbought area”, while GBPUSD is heading towards 7/8.
07.05.2021
Murrey Math Lines 07.05.2021 (Brent, S&P 500)
Brent may break 4/8 and complete the correction, while the S&P 500 index is approaching its all-time high again.