Forex Murrey math lines and forecasts
One of the classic approaches to the currency market analysis, which is successfully applied to everyday trading 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.
06.09.2021
Murrey Math Lines 06.09.2021 (EURUSD, GBPUSD)
The next upside target for EURUSD is 6/8; in the case of GBPUSD, the price may break 3/8 and continue trading upwards.
03.09.2021
Murrey Math Lines 03.09.2021 (Brent, S&P 500)
Brent is approaching the “overbought area”, while the S&P 500 index is heading to reach the next target at 3/8.
02.09.2021
Murrey Math Lines 02.09.2021 (USDCHF, GOLD)
USDCHF may fall and reach 2/8, while XAUUSD is expected to continue moving upwards.
01.09.2021
Murrey Math Lines 01.09.2021 (USDJPY, USDCAD)
Bulls are once again trying to push USDJPY towards 3/8, while USDCAD is returning to 4/8.
30.08.2021
Murrey Math Lines 30.08.2021 (EURUSD, GBPUSD)
EURUSD is trading close to the resistance at 3/8, while GBPUSD may complete the correction at 2/8.
13.08.2021
Murrey Math Lines for 13.09.2021 (Brent, S&P 500)
Oil quotations might test 4/8 again; S&P 500 are heading for the resistance level of 7/8.
12.08.2021
Murrey Math Lines for 12.08.2021 (USDCHF, GOLD)
The next goal of USD CHF is 7/8; Gold is gradually recovering from a decline.
11.08.2021
Murrey Math Lines for 11.09.2021 (USDJPY, USDCAD)
USDJPY quotations might test the resistance level of 111.33; USDCAD is making the second attempt to reach 7/8.