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.
04.11.2020
Murrey Math Lines 04.11.2020 (USDJPY, USDCAD)
USDJPY may continue falling towards 103.90, while USDCAD is expected to rise.
03.11.2020
Murrey Math Lines 03.11.2020 (AUDUSD, NZDUSD)
The descending tendency in AUDUSD is speeding up; 5/8 prevents NZDUSD from growing and makes it start a new decline.
02.11.2020
Murrey Math Lines 02.11.2020 (EURUSD, GBPUSD)
The closest support area for EURUSD is at 1.1596; GBPUSD may fall to reach 1.2756.
30.10.2020
Murrey Math Lines 30.10.2020 (Brent, S&P 500)
Both Brent and S&P 500 are expected to correct upwards.
30.10.2020
Murrey Math Lines 30.10.2020 (Brent, S&P 500)
Both Brent and S&P 500 are expected to correct upwards.
29.10.2020
Murrey Math Lines 29.10.2020 (USDCHF, GOLD)
USDCHF may re-test 0.9033, while XAUUSD is expected to correct towards 1906.25.
28.10.2020
Murrey Math Lines 28.10.2020 (USDJPY, USDCAD)
USDJPY continues falling, while USDCAD is expected to reverse.
27.10.2020
Murrey Math Lines 27.10.2020 (AUDUSD, NZDUSD)
AUDUSD is trading close to the resistance, while NZDUSD is expected to continue moving upwards.