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.
29.07.2020
Murrey Math Lines 29.07.2020 (USDJPY, USDCAD)
USDJPY is trading inside the “oversold area”, while USDCAD may grow to reach 5/8.
28.07.2020
Murrey Math Lines 28.07.2020 (AUDUSD, NZDUSD)
AUDUSD may move downwards and reach 3/8, while NZDUSD has broken 5/8 and is expected to continue growing.
27.07.2020
Murrey Math Lines 27.07.2020 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD have reached their respective “overbought areas”.
24.07.2020
Murrey Math Lines 24.07.2020 (Brent, S&P 500)
Both Brent and S&P 500 are expected to fall today.
23.07.2020
Murrey Math Lines 23.07.2020 (USDCHF, GOLD)
Both USDCHF and XAUUSD may start correcting today.
22.07.2020
Murrey Math Lines 22.07.2020 (USDJPY, USDCAD)
USDJPY is expected to continue falling, while USDCAD is consolidating.
21.07.2020
Murrey Math Lines 21.07.2020 (AUDUSD, NZDUSD)
AUDUSD may continue moving upwards, while NZDUSD is expected to fall towards 6/8.
20.07.2020
Murrey Math Lines 20.07.2020 (EURUSD, GBPUSD)
EURUSD may reach 8/8, while GBPUSD is expected to rebound from 5/8 and start a new ascending wave.