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.
02.05.2023
A breakout of resistance levels will indicate further growth of EURUSD and GBPUSD.
28.04.2023
A downward breakout of 1/8 could indicate a decline in Brent quotes, the S&P 500 index could still rise to the resistance at 6/8.
27.04.2023
USDCHF is gradually nearing 0/8, Gold quotes may still rise to +1/8.
26.04.2023
USDJPY is expected to grow to 7/8, USDCAD is nearing the overbought area.
25.04.2023
A breakout of 2/8 will indicate a decline in AUDUSD and NZDUSD.
24.04.2023
EURUSD and GBPUSD may keep growing.
21.04.2023
The RSI indicates the growth of Brent quotes, The S&P 500 index may still increase.
20.04.2023
USDCHF could drop to 0/8, Gold quotes are returning to the overbought area.