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.


Murrey Math Lines 23.11.2021 (AUDUSD, NZDUSD)

AUDUSD is trading within the “oversold area”, while NZDUSD may fall and reach 0/8.

Murrey Math Lines 22.11.2021 (EURUSD, GBPUSD)

EURUSD is approaching the “oversold area”, while GBPUSD may correct up to 2/8.

Murrey Math Lines 19.11.2021 (Brent, S&P 500)

Brent may fall and reach 3/8, while the S&P 500 index is heading towards the resistance at 5/8.

Murrey Math Lines 18.11.2021 (USDCHF, GOLD)

USDCHF is moving within the “overbought area”; in the case of XAUUSD, the price may correct down to 6/8.

Murrey Math Lines 17.11.2021 (USDJPY, USDCAD)

Both USDJPY and USDCAD may reach their respective “overbought areas”.

Murrey Math Lines 16.11.2021 (AUDUSD, NZDUSD)

After completing their respective corrections, both AUDUSD and NZDUSD are expected to resume falling.

Murrey Math Lines 12.11.2021 (Brent, S&P 500)

Oil is going to grow to 7/8 again; S&P 500 might end correction at 3/8.

Murrey Math Lines 11.11.2021 (USDCHF, XAUUSD)

Gold and USDCHF quotations are heading for 8/8.