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.
13.01.2021
Murrey Math Lines 13.01.2021 (USDJPY, USDCAD)
Bears are getting weaker but may yet push USDJPY towards 0/8, while USDCAD is expected to continue moving within the downtrend with the target at -1/8.
12.01.2021
Murrey Math Lines 12.01.2021 (AUDUSD, NZDUSD)
AUDUSD continues the correction towards 5/8, while NZDUSD is expected to resume growing.
11.01.2021
Murrey Math Lines 11.01.2021 (EURUSD, GBPUSD)
EURUSD may fall to reach 3/8, while GBPUSD is expected to complete the correction.
04.01.2021
Murrey Math Lines 04.01.2021 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD may correct to reach 6/8.
30.12.2020
Murrey Math Lines 30.12.2020 (USDJPY, USDCAD)
USDJPY may trade downwards and reach -1/8, while USDCAD is expected to continue falling with the target at 0/8.
29.12.2020
Murrey Math Lines 29.12.2020 (AUDUSD, NZDUSD)
AUDUSD is back inside the “overbought area”, NZDUSD may break 5/8 and boost the uptrend.
28.12.2020
Murrey Math Lines 28.12.2020 (EURUSD, GBPUSD)
EURUSD may continue falling, while GBPUSD is expected to reach 8/8.
25.12.2020
Murrey Math Lines 25.12.2020 (Brent, S&P 500)
Brent may fall towards 48.44, while the S&P 500 is expected to move downwards and reach 6/8.