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.
14.08.2020
Murrey Math Lines 14.08.2020 (Brent, S&P 500)
Brent is expected to continue trading upwards, while S&P 500 may grow to reach the next upside target at 3437.5.
13.08.2020
Murrey Math Lines 13.08.2020 (USDCHF, GOLD)
USDCHF is expected to test 0/8, while XAUUSD may fall towards the support at 6/8.
12.08.2020
Murrey Math Lines 12.08.2020 (USDJPY, USDCAD)
USDJPY is expected to grow towards 6/8, while USDCAD remains under pressure and may fall to reach 1/8.
11.08.2020
Murrey Math Lines 11.08.2020 (AUDUSD, NZDUSD)
AUDUSD may continue trading upwards, while NZDUSD is expected to break 5/8.
10.08.2020
Murrey Math Lines 10.08.2020 (EURUSD, GBPUSD)
EURUSD may correct towards 7/8 today, while GBPUSD is expected to continue moving upwards.
07.08.2020
Murrey Math Lines 07.08.2020 (Brent, S&P 500)
Brent may trade downwards to reach 4/8, while S&P 500 has rebounded from the resistance and is currently expected to fall towards 2/8.
06.08.2020
Murrey Math Lines 06.08.2020 (USDCHF, GOLD)
USDCHF is expected to test 0/8, while XAUUSD is moving inside the “overbought area” and may correct towards 8/8.
05.08.2020
Murrey Math Lines 05.08.2020 (USDJPY, USDCAD)
USDJPY may grow to reach 5/8, while USDCAD is expected to fall towards 0/8.