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.
11.09.2019
USDJPY is moving towards 8/8, while USDCAD is trading inside the “oversold area”.
10.09.2019
AUDUSD is moving towards 5/8, while NZDUSD has left the “oversold area”.
09.09.2019
EURUSD is heading towards the support at 0/8, while GBPUSD may continue growing.
06.09.2019
EURUSD may test the support at 0/8, while GBPUSD is “starving” for a correction.
05.09.2019
Bulls keep their hopes up to push USDCHF towards 3/8, while XAUUSD is still trading inside the “overbought zone”.
04.09.2019
USDJPY is getting ready for the next move, while USDCAD is about to complete the uptrend.
03.09.2019
AUDUSD continues falling towards the support at 0/8, while NZDUSD has reached the “oversold area”.
02.09.2019
EURUSD has reached the “oversold area”, while bears may force GBPUSD to start one more descending wave.