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.
01.03.2021
Murrey Math Lines 01.03.2021 (EURUSD, GBPUSD)
EURUSD may fall to reach 1.2023; in the case of GBPUSD, the correction continues.
26.02.2021
Murrey Math Lines 26.02.2021 (Brent, S&P 500)
Brent may correct towards 4/8, while the S&P 500 index is expected to fall and reach 0/8 after changing the tendency.
25.02.2021
Murrey Math Lines 25.02.2021 (USDCHF, GOLD)
USDCHF is trading within the “overbought area”, while XAUUSD is still expected to fall towards 0/8.
24.02.2021
Murrey Math Lines 24.02.2021 (USDJPY, USDCAD)
USDJPY has completed the correction and may resume growing; in the case of USDCAD, the price is expected to drop to 1/8.
22.02.2021
Murrey Math Lines 22.02.2021 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD quotations might rise to 4/8.
19.02.2021
Murrey Math Lines 19.02.2021 (Brent, S&P 500)
Both Brent and the S&P 500 index are getting back to +1/8.
18.02.2021
Murrey Math Lines 18.02.2021 (USDCHF, GOLD)
USDCHF is getting back to 8/8, while XAUUSD continues falling to reach the next target at 0/8.