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.
27.07.2022
USDJPY may rebound from 8/8 and resume falling, while USDCAD is still expected to head towards 0/8.
26.07.2022
AUDUSD is expected to reach 2/8, while NZDUSD may break the resistance at 3/8 and continue growing.
25.07.2022
EURUSD may trade downwards and reach 2/8, while GBPUSD is expected to return to the support at 1/8.
22.07.2022
Brent is expected to return to 0/8 again, while the S&P 500 index may correct up to 3/8.
21.07.2022
USDCHF may get back to 5/8, while XAUUSD is moving within the “oversold area”.
20.07.2022
USDJPY is moving inside the “overbought area”, while USDCAD is heading towards 0/8.
19.07.2022
AUDUSD is leaving the “oversold area”, while NZDUSD may fall and return to -1/8.
18.07.2022
EURUSD is expected to continue trading downwards, while GBPUSD may rebound from the resistance at 2/8 and resume its decline.