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.

25.11.2022

Murrey Math Lines 25.11.2022 (Brent, S&P 500)

Breakaway of support may lead to further falling of oil quotes, an uptrend starts on the S&P 500 index chart.
24.11.2022

Murrey Math Lines 24.11.2022 (USDCHF, XAUUSD)

USDCHF is nearing the oversold area, Gold quotes are still in the overbought area.
23.11.2022

Murrey Math Lines 23.11.2022 (USDJPY, USDCAD)

Breakaway of the support level will trigger falling of the USDJPY, USDCAD might drop to 0/8.
22.11.2022

Murrey Math Lines 22.11.2022 (AUDUSD, NZDUSD)

A breakaway of 7/8 might provoke growth of both AUDUSD and NZDUSD.
21.11.2022

Murrey Math Lines 21.11.2022 (EURUSD, GBPUSD)

EURUSD might end correction at 4/8, GBPUSD remains in the overbought area.
18.11.2022

Murrey Math Lines 18.11.2022 (Brent, S&P 500)

Brent quotes are gradually approaching 0/8, a breakaway of the support will signify falling of the S&P 500 index.
17.11.2022

Murrey Math Lines 17.11.2022 (USDCHF, GOLD)

Breakaway of the support will mean further falling of USDCHF, GOLD quotes are in the oversold area.
16.11.2022

Murrey Math Lines 16.11.2022 (USDJPY, USDCAD)

USDJPY might return to 0/8, USDCAD is nearing the oversold area.