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.
11.09.2020
Murrey Math Lines 11.09.2020 (Brent, S&P 500)
Brent reached the oversold area. S&P 500 starts restoring after the falling with the first goal at 4/8.
10.09.2020
Murrey Math Lines 10.09.2020 (USDCHF, GOLD)
USDCHF will keep trading between 5/8 and 6/8. Gold may still rise to 8/8.
09.09.2020
Murrey Math Lines 09.09.2020 (USDJPY, USDCAD)
USDJPY may still fall to 6/8. USDCAD is expected to grow further to 5/8.
08.09.2020
Murrey Math Lines 08.09.2020 (AUDUSD, NZDUSD)
AUDUSD and NZDUSD are trading in the overbought areas.
07.09.2020
Murrey Math Lines 07.09.2020 (EURUSD, GBPUSD)
EURUSD may go on declining. In GBPUSD, the aim of the decline is 3/8.
03.09.2020
Murrey Math Lines 03.09.2020 (USDCHF, GOLD)
USDCHF may reach 3/8. Gold depressed: the price may fall to 6/8.
02.09.2020
Murrey Math Lines 02.09.2020 (USDJPY, USDCAD)
USDJPY quotations may fall to 6/8. USDCAD may correct to 4/8.