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.
15.10.2020
Murrey Math Lines 15.10.2020 (USDCHF, GOLD)
USDCHF is trying to break through the consolidation range, while XAUUSD may continue falling.
14.10.2020
Murrey Math Lines 14.10.2020 (USDJPY, USDCAD)
USDJPY may fall to reach 105.07, while USDCAD is expected to correct towards 4/8.
13.10.2020
Murrey Math Lines 13.10.2020 (AUDUSD, NZDUSD)
After finishing the correction, AUDUSD is expected to resume growing, while NZDUSD is trying to break 5/8 once again.
12.10.2020
Murrey Math Lines 12.10.2020 (EURUSD, GBPUSD)
EURUSD continues growing, while GBPUSD is expected to reach 1.3183.
09.10.2020
Murrey Math Lines 09.10.2020 (Brent, S&P 500)
Brent may continue moving upwards, while S&P 500 is still recovering after finishing its decline.
08.10.2020
Murrey Math Lines 08.10.2020 (USDCHF, GOLD)
USDCHF is consolidating, while XAUUSD may correct towards 3/8.
07.10.2020
Murrey Math Lines 07.10.2020 (USDJPY, USDCAD)
Both USDJPY and USDCAD are heading towards 8/8.
06.10.2020
Murrey Math Lines 06.10.2020 (AUDUSD, NZDUSD)
AUDUSD is expected to test 0.7263, while NZDUSD may yet continue trading upwards.