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 13.04.2021 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD are moving towards their respective “oversold areas”.

Murrey Math Lines 12.04.2021 (EURUSD, GBPUSD)

EURUSD is completing its correction, while GBPUSD is approaching the “oversold area”.

Murrey Math Lines 09.04.2021 (BRENT, S&P 500)

Oil quotations might rise to 65.61, S&P 500 is trading in the overbought area.

Murrey Math Lines 08.04.2021 (USDCHF, XAUUSD)

USDCHF is completing correction, Gold quotations are heading for 5/8.

Murrey Math Lines 07.04.2021 (USDJPY, USDCAD)

USDJPY might keep correcting to 4/8, USDCAD are slowly restoring.

Murrey Math Lines 06.04.2021 (AUDUSD, NZDUSD)

AUDUSD quotations keep correcting, NZDUSD quotations might start declining again.

Murrey Math Lines 05.04.2021 (EURUSD, GBPUSD)

EURUSD quotations might drop to -1/8. Sellers are trying to drag GBPUSD quotations down again.

Murrey Math Lines 02.04.2021 (Brent, S&P 500)

Brent is slowly recovering after plunging; in the case of the S&P 500 index, the next resistance area is at 4062.50.