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.
05.10.2020
Murrey Math Lines 05.10.2020 (EURUSD, GBPUSD)
EURUSD may grow to reach 1.1840, while GBPUSD is expected to continue trading upwards.
22.09.2020
Murrey Math Lines 22.09.2020 (AUDUSD, NZDUSD)
AUDUSD may yet continue trading downwards, while NZDUSD is expected to grow.
21.09.2020
Murrey Math Lines 21.09.2020 (EURUSD, GBPUSD)
EURUSD is resuming its growth, while GBPUSD may trade downwards to reach 1/8.
18.09.2020
Murrey Math Lines 18.09.2020 (Brent, S&P 500)
Brent may test 5/8, while S&P 500 is still expected to continue falling.
17.09.2020
Murrey Math Lines 17.09.2020 (USDCHF, GOLD)
USDCHF has completed the correction and may fall to reach 1/8, while XAUUSD is once again trying to reach 2000.00.
16.09.2020
Murrey Math Lines 16.09.2020 (USDJPY, USDCAD)
USDJPY may update its local lows, while USDCAD is falling with the first target at 3/8.
15.09.2020
Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”, while NZDUSD is heading towards 7/8.
14.09.2020
Murrey Math Lines 14.09.2020 (EURUSD, GBPUSD)
EURUSD may fall to reach 4/8, while GBPUSD is still trading downwards with the closest target at 0/8.