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.


Murrey Math Lines 26.01.2021 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD are correcting towards 5/8.

Murrey Math Lines 25.01.2021 (EURUSD, GBPUSD)

EURUSD may grow and reach 1.2268, while GBPUSD is moving within the “overbought area”.

Murrey Math Lines 22.01.2021 (Brent, S&P 500)

Brent may complete the correction at 7/8, while the S&P 500 index is trying to update its all-time highs again.

Murrey Math Lines 21.01.2021 (USDCHF, GOLD)

USDCHF is still expected to fall towards 2/8, while XAUUSD may grow to reach the target at 1906.62.

Murrey Math Lines 20.01.2021 (USDJPY, USDCAD)

Bulls are trying to start a new uptrend in USDJPY, while USDCAD is returning to the “oversold area”.

Murrey Math Lines 19.01.2021 (AUDUSD, NZDUSD)

After completing their respective corrections, both AUDUSD and NZDUSD are starting to rise slowly.

Murrey Math Lines 18.01.2021 (EURUSD, GBPUSD)

The uptrend in EURUSD is at stake as the pair continues falling; in the case of GBPUSD, the price is moving towards 5/8.

Murrey Math Lines 15.01.2021 (Brent, S&P 500)

Brent has reached the “overbought area”, while the S&P 500 index may rebound from 5/8 and resume growing.