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 23.03.2023 (USDCHF, XAUUSD)

A breakaway of 2/8 will indicate the decline of USDCHF, Gold quotes are approaching the overbought area.

Murrey Math Lines 22.03.2023 (USDJPY, USDCAD)

USDJPY is expected to drop to 3/8, USDCAD remains in the overbought area.

Murrey Math Lines 21.03.2023 (AUDUSD, NZDUSD)

AUDUSD is returning to 2/8, NZDUSD is expected to go on falling.

Murrey Math Lines 20.03.2023 (EURUSD, GBPUSD)

EURUSD is in the overbought area, GBPUSD quotes are aiming at 5/8.

Murrey Math Lines 17.03.2023 (Brent, S&P 500)

Oil prices are in an oversold area, the correction in the S&P 500 index could end at the 3/8 level.

Murrey Math Lines 16.03.2023 (USDCHF, XAUUSD)

USDCHF pair rushed to the 6/8 level, Gold prices may correct to the 4/8 level.

Murrey Math Lines 15.03.2023 (USDJPY, USDCAD)

USDJPY is returning to the 8/8 level, USDCAD is in the overbought area.

Murrey Math Lines 14.03.2023 (AUDUSD, NZDUSD)

AUDUSD and NZDUSD are ending their corrections and prices are expected to fall.