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.
08.08.2022
EURUSD may continue falling towards 1/8, while GBPUSD is expected to return to the support at 2/8.
05.08.2022
Brent is moving inside the “oversold area”, while the S&P 500 index may return to 1/8.
04.08.2022
USDCHF is still expected to fall and reach 1/8, while XAUUSD may break the resistance at 5/8 and continue trading upwards.
03.08.2022
USDJPY may continue falling and reach 3/8; in the case of USDCAD, the price has finished the correction and is currently move towards 1/8.
02.08.2022
AUDUSD is approaching the “overbought area”, while NZDUSD may move down to 6/8.
01.08.2022
EURUSD may break 3/8 and continue falling, while GBPUSD is heading up to 5/8.
29.07.2022
Brent is expected to return to the “oversold area”, while the S&P 500 index may break the support at 2/8 and continue falling.
28.07.2022
USDCHF is expected to continue falling, while XAUUSD may return to 3/8.