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 21.09.2020 (EURUSD, GBPUSD)

EURUSD is resuming its growth, while GBPUSD may trade downwards to reach 1/8.

Murrey Math Lines 18.09.2020 (Brent, S&P 500)

Brent may test 5/8, while S&P 500 is still expected to continue falling.

Murrey Math Lines 17.09.2020 (USDCHF, GOLD)

USDCHF has completed the correction and may fall to reach 1/8, while XAUUSD is once again trying to reach 2000.00.

Murrey Math Lines 16.09.2020 (USDJPY, USDCAD)

USDJPY may update its local lows, while USDCAD is falling with the first target at 3/8.

Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD)

AUDUSD is approaching the “overbought area”, while NZDUSD is heading towards 7/8.

Murrey Math Lines 14.09.2020 (EURUSD, GBPUSD)

EURUSD may fall to reach 4/8, while GBPUSD is still trading downwards with the closest target at 0/8.

Murrey Math Lines 11.09.2020 (Brent, S&P 500)

Brent reached the oversold area. S&P 500 starts restoring after the falling with the first goal at 4/8.

Murrey Math Lines 10.09.2020 (USDCHF, GOLD)

USDCHF will keep trading between 5/8 and 6/8. Gold may still rise to 8/8.