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.
10.08.2020
Murrey Math Lines 10.08.2020 (EURUSD, GBPUSD)
EURUSD may correct towards 7/8 today, while GBPUSD is expected to continue moving upwards.
07.08.2020
Murrey Math Lines 07.08.2020 (Brent, S&P 500)
Brent may trade downwards to reach 4/8, while S&P 500 has rebounded from the resistance and is currently expected to fall towards 2/8.
06.08.2020
Murrey Math Lines 06.08.2020 (USDCHF, GOLD)
USDCHF is expected to test 0/8, while XAUUSD is moving inside the “overbought area” and may correct towards 8/8.
05.08.2020
Murrey Math Lines 05.08.2020 (USDJPY, USDCAD)
USDJPY may grow to reach 5/8, while USDCAD is expected to fall towards 0/8.
04.08.2020
Murrey Math Lines 04.08.2020 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD may fall to reach 3/8.
03.08.2020
Murrey Math Lines 03.08.2020 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD may continue their respective corrections today.
31.07.2020
Murrey Math Lines 31.07.2020 (Brent, S&P 500)
Both Brent and S&P 500 are expected to fall today.
30.07.2020
Murrey Math Lines 30.07.2020 (USDCHF, GOLD)
USDCHF is expected to continue trading downwards and reach 0/8, while XAUUSD may test 2000.00.