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.
24.11.2022
USDCHF is nearing the oversold area, Gold quotes are still in the overbought area.
23.11.2022
Breakaway of the support level will trigger falling of the USDJPY, USDCAD might drop to 0/8.
22.11.2022
A breakaway of 7/8 might provoke growth of both AUDUSD and NZDUSD.
21.11.2022
EURUSD might end correction at 4/8, GBPUSD remains in the overbought area.
18.11.2022
Brent quotes are gradually approaching 0/8, a breakaway of the support will signify falling of the S&P 500 index.
17.11.2022
Breakaway of the support will mean further falling of USDCHF, GOLD quotes are in the oversold area.
16.11.2022
USDJPY might return to 0/8, USDCAD is nearing the oversold area.
15.11.2022
AUDUSD quotes are aiming at the overbought area, NZDUSD may reach 7/8.