Forex Murray 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.

15.10.2021

Murrey Math Lines 15.10.2021 (Brent, S&P 500)

Brent is heading towards 87.50, while the S&P 500 index may break the resistance and continue growing.
14.10.2021

Murrey Math Lines 14.10.2021 (USDCHF, GOLD)

USDCHF may fall and reach the support at 6/8, while XAUUSD is no longer moving within the “oversold area”.
13.10.2021

Murrey Math Lines 13.10.2021 (USDJPY, USDCAD)

USDJPY is trading within the “overbought area”, while USDCAD may correct to reach 2/8.
12.10.2021

Murrey Math Lines 12.10.2021 (AUDUSD, NZDUSD)

AUDUSD may grow and reach 6/8, while NZDUSD is still expected to fall towards 0/8.
11.10.2021

Murrey Math Lines 11.10.2021 (EURUSD, GBPUSD)

EURUSD may fall and reach 0/8, while GBPUSD is approaching the “overbought area”.
08.10.2021

Murrey Math Lines 08.10.2021 (Brent, S&P 500)

Brent may update the local high again, while the S&P 500 index is back to consolidating.
07.10.2021

Murrey Math Lines 07.10.2021 (USDCHF, GOLD)

USDCHF may fall and reach the support at 7/8, while XAUUSD is no longer moving within the “oversold area”.
06.10.2021

Murrey Math Lines 06.10.2021 (USDJPY, USDCAD)

USDJPY is heading towards 8/8, while USDCAD may fall and reach the support at 1/8.