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.

23.07.2020

Murrey Math Lines 23.07.2020 (USDCHF, GOLD)

Both USDCHF and XAUUSD may start correcting today.
22.07.2020

Murrey Math Lines 22.07.2020 (USDJPY, USDCAD)

USDJPY is expected to continue falling, while USDCAD is consolidating.
21.07.2020

Murrey Math Lines 21.07.2020 (AUDUSD, NZDUSD)

AUDUSD may continue moving upwards, while NZDUSD is expected to fall towards 6/8.
20.07.2020

Murrey Math Lines 20.07.2020 (EURUSD, GBPUSD)

EURUSD may reach 8/8, while GBPUSD is expected to rebound from 5/8 and start a new ascending wave.
17.07.2020

Murrey Math Lines 17.07.2020 (Brent, S&P 500)

Brent has rebounded from 8/8 once again, while S&P 500 may grow to reach 7/8.
16.07.2020

Murrey Math Lines 16.07.2020 (USDCHF, GOLD)

USDCHF may trade to reach 4/8, while XAUUSD remains in demand.
15.07.2020

Murrey Math Lines 15.07.2020 (USDJPY, USDCAD)

USDJPY is still expected to fall towards 1/8, while USDCAD is consolidating.
14.07.2020

Murrey Math Lines 14.07.2020 (AUDUSD, NZDUSD)

AUDUSD is still moving inside the “overbought area”, while NZDUSD is expected to fall towards 5/8.