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.
05.07.2019
Bears continue pushing EURUSD, while GBPUSD may fall towards the support at 0/8.
04.07.2019
USDCHF is trading towards the resistance at 3/8, while XAUUSD may update its highs once again.
03.07.2019
USDJPY is expected to grow towards the resistance at 4/8, while USDCAD may rise to reach 5/8.
02.07.2019
AUDUSD may fall to reach the support at 3/8, while NZDUSD may continue the correction.
01.07.2019
EURUSD may yet trade upwards, while GBPUSD is still moving inside the “oversold area”.
28.06.2019
Bulls are doing their best to prevent EURUSD from falling, while GBPUSD may continue falling and reach the support at -1/8.
27.06.2019
USDCHF is trading towards the resistance at 3/8, while XAUUSD can’t decide on further movement.
26.06.2019
Bearish pressure on USDJPY is reducing, while USDCAD may be corrected towards 2/8.