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.
23.09.2019
EURUSD is about to test the support at 0/8, while GBPUSD may fall to reach 4/8.
20.09.2019
EURUSD is about to break 3/8, while GBPUSD has reached the “overbought area”.
19.09.2019
USDCHF may grow to reach 5/8, while XAUUSD is no longer trading inside the “overbought zone”.
18.09.2019
USDJPY is still moving towards 8/8, while USDCAD may start a new correction towards the support at 0/8.
17.09.2019
AUDUSD has reached the “overbought area”, while NZDUSD may test -1/8.
16.09.2019
EURUSD may correct towards the support at 0/8, while GBPUSD is moving inside the “overbought area”.
13.09.2019
EURUSD may continue growing towards the resistance at 5/8, while GBPUSD is gathering strength for a new growth.
12.09.2019
USDCHF is testing 3/8, while XAUUSD has left the “overbought zone”.