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.
23.04.2021
Murrey Math Lines 23.04.2021 (Brent, S&P 500)
After finishing the correction, Brent is expected to return to 3/8; in the case of the S&P 500 index, the price may head towards 4218.8.
22.04.2021
Murrey Math Lines 22.04.2021 (USDCHF, GOLD)
USDCHF may fall to reach the support at 1/8, while XAUUSD is approaching the “overbought area”.
21.04.2021
Murrey Math Lines 21.04.2021 (USDJPY, USDCAD)
USDJPY may break 2/8 and continue falling, while USDCAD is approaching 8/8.
20.04.2021
Murrey Math Lines 20.04.2021 (AUDUSD, NZDUSD)
AUDUSD is approaching the “overbought area”, while NZDUSD is moving towards 7/8.
19.04.2021
Murrey Math Lines 19.04.2021 (EURUSD, GBPUSD)
EURUSD is correcting towards 3/8, while GBPUSD may break a similar level and continue trading upwards.
16.04.2021
Murrey Math Lines 16.04.2021 (Brent, S&P 500)
Brent may correct down to 2/8, while the S&P 500 index is heading towards 4218.8.
15.04.2021
Murrey Math Lines 15.04.2021 (USDCHF, GOLD)
USDCHF is recovering after plunging earlier, while XAUUSD is still expected to grow towards 1781.25.
14.04.2021
Murrey Math Lines 14.04.2021 (USDJPY, USDCAD)
USDJPY is finishing the correction, while USDCAD is expected to drop to 4/8.