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.
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.
11.09.2020
Murrey Math Lines 11.09.2020 (Brent, S&P 500)
Brent reached the oversold area. S&P 500 starts restoring after the falling with the first goal at 4/8.
10.09.2020
Murrey Math Lines 10.09.2020 (USDCHF, GOLD)
USDCHF will keep trading between 5/8 and 6/8. Gold may still rise to 8/8.
09.09.2020
Murrey Math Lines 09.09.2020 (USDJPY, USDCAD)
USDJPY may still fall to 6/8. USDCAD is expected to grow further to 5/8.
08.09.2020
Murrey Math Lines 08.09.2020 (AUDUSD, NZDUSD)
AUDUSD and NZDUSD are trading in the overbought areas.