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.
01.09.2020
Murrey Math Lines 01.09.2020 (AUDUSD, NZDUSD)
AUDUSD and NZDUSD quotations are trading in the overbought area.
31.08.2020
Murrey Math Lines 31.08.2020 (EURUSD, GBPUSD)
The quotations of EURUSD and GBPUSD may test the level of 7/8.
28.08.2020
Murrey Math Lines 28.08.2020 (Brent, S&P 500)
Brent is still expected to continue trading upwards, while S&P 500 may update its all-time highs once again.
27.08.2020
Murrey Math Lines 27.08.2020 (USDCHF, GOLD)
USDCHF may reach 3/8, while XAUUSD is expected to resume growing with the target at 8/8.
26.08.2020
Murrey Math Lines 26.08.2020 (USDJPY, USDCAD)
USDJPY has reached the “overbought area”, while USDCAD is expected to grow towards 2/8.
25.08.2020
Murrey Math Lines 25.08.2020 (AUDUSD, NZDUSD)
AUDUSD may continue trading upwards, while NZDUSD is expected to fall towards 0/8.
24.08.2020
Murrey Math Lines 24.08.2020 (EURUSD, GBPUSD)
EURUSD is still correcting with the target at 3/8, while GBPUSD may fall towards 6/8.
21.08.2020
Murrey Math Lines 21.08.2020 (Brent, S&P 500)
Brent is expected to continue trading upwards, while S&P 500 may update its all-time highs.