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 09.03.2021 (AUDUSD, NZDUSD)

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

Murrey Math Lines 08.03.2021 (EURUSD, GBPUSD)

EURUSD is expected to correct upwards to reach 5/8, while GBPUSD may grow towards 3/8.

Murrey Math Lines 05.03.2021 (Brent, S&P 500)

Brent continues updating this year’s highs, while the S&P 500 index is trying to recover up to 2/8.

Murrey Math Lines 04.03.2021 (USDCHF, GOLD)

USDCHF is heading towards 8/8; in the case of XAUUSD, the price is trading within the “oversold area” and may grow to reach 1/8.

Murrey Math Lines 03.03.2021 (USDJPY, USDCAD)

USDJPY is moving within the “overbought area”, while USDCAD is falling towards the next target at 2/8.

Murrey Math Lines 02.03.2021 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD are completing their respective corrections.

Murrey Math Lines 01.03.2021 (EURUSD, GBPUSD)

EURUSD may fall to reach 1.2023; in the case of GBPUSD, the correction continues.

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.