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.
24.12.2020
Murrey Math Lines 24.12.2020 (USDCHF, GOLD)
USDCHF may continue falling to reach 0/8, while XAUUSD is moving towards 5/8.
23.12.2020
Murrey Math Lines 23.12.2020 (USDJPY, USDCAD)
USDJPY continues falling within the downtrend; USDCAD has completed the correction and is expected to fall towards 1/8.
22.12.2020
Murrey Math Lines 22.12.2020 (AUDUSD, NZDUSD)
AUDUSD has broken 8/8 once again; bears are making another attempt to push NZDUSD towards 5/8.
21.12.2020
Murrey Math Lines 21.12.2020 (EURUSD, GBPUSD)
EURUSD is correcting towards 6/8; GBPUSD has rebounded from 5/8 and may resume growing.
18.12.2020
Murrey Math Lines 18.12.2020 (Brent, S&P 500)
Brent may correct towards 50.00, while the S&P 500 is expected to grow and reach the target at 3750.00.
17.12.2020
Murrey Math Lines 17.12.2020 (USDCHF, GOLD)
The next downside target for USDCHF is 0/8; XAUUSD may grow towards 1906.62.
16.12.2020
Murrey Math Lines 16.12.2020 (USDJPY, USDCAD)
USDJPY continues falling within the downtrend, while USDCAD is expected to correct towards 1/8.
15.12.2020
Murrey Math Lines 15.12.2020 (AUDUSD, NZDUSD)
Both AUDUSD and NZDUSD are expected to correct towards 5/8.