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.
03.03.2023
Brent can reach 8/8, the S&P 500 index is declining to 0/8.
02.03.2023
USDCHF headed for 8/8, a breakaway of 1/8 will indicate the end of the correction and a drop of gold quotes.
01.03.2023
USDJPY is nearing the overbought area; USDCAD might correct to 5/8.
28.02.2023
Further falling of AUDUSD is expected, NZDUSD is nearing the oversold area.
27.02.2023
EURUSD is expected to correct to 3/8, a breakaway of resistance will indicate growth of GBPUSD.
22.02.2023
USDJPY is in the overbought area, USDCAD quotes may correct to 5/8.
21.02.2023
A breakaway of 5/8 will indicate falling of AUDUSD, NZDUSD is expected to fall to 1/8.
20.02.2023
EURUSD may still fall to 2/8, GBPUSD remains under control of sellers.