Murrey math lines and forecasts

One of the classic approaches to the currency market analysis, which is successfully applied to everyday investment 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.

16.05.2023

Murrey Math Lines 16.05.2023 (AUDUSD, NZDUSD)

A breakout of 3/8 will indicate a decline in AUDUSD, NZDUSD might rise to the resistance level of 7/8.
15.05.2023

Murrey Math Lines 15.05.2023 (EURUSD, GBPUSD)

EURUSD quotes might rise to 3/8, GBPUSD is almost done correcting and is expected to grow.
12.05.2023

Murrey Math Lines 12.05.2023 (USDJPY, USDCAD)

USDJPY might still rise to 7/8, USDCAD is completing a correction and ready to decline.
11.05.2023

Murrey Math Lines 11.05.2023 (AUDUSD, NZDUSD)

AUDUSD is expected to continue growing; NZDUSD are in the overbought area.
10.05.2023

Murrey Math Lines 10.05.2023 (EURUSD, GBPUSD)

EURUSD is almost done correcting while the quotes are expected to grow, GBPUSD is nearing the overbought area.
05.05.2023

Murrey Math Lines 05.05.2023 (USDCHF, XAUUSD)

USDCHF is nearing the oversold area, gold quotes could correct to 4/8.
04.05.2023

Murrey Math Lines 04.05.2023 (USDJPY, USDCAD)

USDJPY is nearly done correcting, a rebound from the support will indicate growth of USDCAD.
03.05.2023

Murrey Math Lines 03.05.2023 (AUDUSD, NZDUSD)

AUDUSD quotes could return to 0/8, NZDUSD is expected to drop to the support at 2/8.