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.
26.10.2020
Murrey Math Lines 26.10.2020 (EURUSD, GBPUSD)
EURUSD is moving towards 1.1901, while GBPUSD is still expected to grow and reach 1.3183.
23.10.2020
Murrey Math Lines 23.10.2020 (Brent, S&P 500)
Brent is expected to re-test 43.77, while S&P 500 continues trading upwards with the target at 3515.4.
23.10.2020
Murrey Math Lines 23.10.2020 (Brent, S&P 500)
Brent is expected to re-test 43.77, while S&P 500 continues trading upwards with the target at 3515.4.
22.10.2020
Murrey Math Lines 22.10.2020 (USDCHF, GOLD)
USDCHF may correct towards 0.9129, while XAUUSD is expected to continue growing.
21.10.2020
Murrey Math Lines 21.10.2020 (USDJPY, USDCAD)
Bears are making another attempt to drop USDJPY, while USDCAD is heading towards 1.3000.
20.10.2020
Murrey Math Lines 20.10.2020 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are expected to continue falling.
19.10.2020
Murrey Math Lines 19.10.2020 (EURUSD, GBPUSD)
EURUSD is expected to continue trading downwards, while GBPUSD may fall and reach 1.2695.
16.10.2020
Murrey Math Lines 16.10.2020 (Brent, S&P 500)
Brent is expected to continue moving upwards to reach 45.35, while S&P 500 has completed the correction and may resume growing.