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.
30.08.2022
Both AUDUSD and NZDUSD may drop to 3/8.
29.08.2022
EURUSD may continue trading downwards, while GBPUSD is moving within the “oversold area”.
26.08.2022
Brent may return to 3/8, while the S&P 500 index remains under pressure.
25.08.2022
USDCHF is starting a new rising tendency, while XAUUSD is moving inside the “overbought area”.
24.08.2022
Both USDJPY and USDCAD may reach 6/8.
23.08.2022
AUDUSD is expected to continue falling; in the case of NZDUSD, the price may rebound from the resistance and resume trading downwards.
22.08.2022
EURUSD is approaching the “oversold area”, while GBPUSD may fall and reach 0/8 soon.
19.08.2022
Brent is moving inside the “oversold area”, while the S&P 500 index may reach 5/8.