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 26.02.2021 (Brent, S&P 500)

Brent may correct towards 4/8, while the S&P 500 index is expected to fall and reach 0/8 after changing the tendency.

Murrey Math Lines 25.02.2021 (USDCHF, GOLD)

USDCHF is trading within the “overbought area”, while XAUUSD is still expected to fall towards 0/8.

Murrey Math Lines 24.02.2021 (USDJPY, USDCAD)

USDJPY has completed the correction and may resume growing; in the case of USDCAD, the price is expected to drop to 1/8.

Murrey Array Analysis 23.02.2021 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD need correcting.

Murrey Math Lines 22.02.2021 (EURUSD, GBPUSD)

Both EURUSD and GBPUSD quotations might rise to 4/8.

Murrey Math Lines 19.02.2021 (Brent, S&P 500)

Both Brent and the S&P 500 index are getting back to +1/8.

Murrey Math Lines 18.02.2021 (USDCHF, GOLD)

USDCHF is getting back to 8/8, while XAUUSD continues falling to reach the next target at 0/8.

Murrey Math Lines 17.02.2021 (USDJPY, USDCAD)

USDJPY is starting a new correction, while USDCAD is no longer moving within the “oversold area”.