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.
02.10.2019
Bulls are making another attempt to push USDJPY towards 8/8, while USDCAD may test 0/8.
01.10.2019
After breaking 5/8, AUDUSD continues falling; NZDUSD is still moving inside the “oversold area”.
30.09.2019
Bulls don’t let EURUSD reach 1/8, while GBPUSD may yet start a correction to reach 6/8.
27.09.2019
Bitcoin has broken Triangle to the downside, while Ethereum has updated the low after finishing the correctional uptrend.
27.09.2019
EURUSD is still falling towards the 1/8, while GBPUSD may start a correction to reach 6/8.
26.09.2019
USDCHF may grow to reach 5/8, while XAUUSD may fall towards 1/8.
25.09.2019
USDJPY is making another attempt to reach 7/8, while USDCAD is about to start a new decline towards 0/8.
24.09.2019
AUDUSD continues falling towards the support at 3/8, while NZDUSD is moving inside the “oversold area”.