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.
08.08.2019
USDCHF may break 0/8 and start a correction; XAUUSD has reached the “overbought area”.
07.08.2019
USDJPY is trading inside the “oversold area”, while USDCAD may start a correction towards 5/8.
06.08.2019
AUDUSD is moving inside the “oversold area”, while NZDUSD may grow towards the resistance at 5/8.
05.08.2019
EURUSD may be corrected towards 3/8, while GBPUSD may start a new correction after breaking 4/8.
02.08.2019
EURUSD may be corrected towards 3/8, while GBPUSD is boosting the downtrend.
01.08.2019
USDCHF is boosting the uptrend, while XAUUSD may fall towards the support at 4/8.
31.07.2019
USDJPY has reached the “overbought area”, while USDCAD is slowing down its decline.
30.07.2019
Bulls lost control over AUDUSD, while NZDUSD is expected to complete the correction.