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.
14.01.2021
Murrey Math Lines 14.01.2021 (USDCHF, GOLD)
USDCHF is still moving downwards, while XAUUSD may fall to reach 1812.50.
13.01.2021
Murrey Math Lines 13.01.2021 (USDJPY, USDCAD)
Bears are getting weaker but may yet push USDJPY towards 0/8, while USDCAD is expected to continue moving within the downtrend with the target at -1/8.
12.01.2021
Murrey Math Lines 12.01.2021 (AUDUSD, NZDUSD)
AUDUSD continues the correction towards 5/8, while NZDUSD is expected to resume growing.
11.01.2021
Murrey Math Lines 11.01.2021 (EURUSD, GBPUSD)
EURUSD may fall to reach 3/8, while GBPUSD is expected to complete the correction.
04.01.2021
Murrey Math Lines 04.01.2021 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD may correct to reach 6/8.
22.12.2020
Murrey Math Lines 22.12.2020 (AUDUSD, NZDUSD)
AUDUSD has broken 8/8 once again; bears are making another attempt to push NZDUSD towards 5/8.
21.12.2020
Murrey Math Lines 21.12.2020 (EURUSD, GBPUSD)
EURUSD is correcting towards 6/8; GBPUSD has rebounded from 5/8 and may resume growing.
18.12.2020
Murrey Math Lines 18.12.2020 (Brent, S&P 500)
Brent may correct towards 50.00, while the S&P 500 is expected to grow and reach the target at 3750.00.