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.
16.03.2022
USDJPY is approaching the “overbought area”, while USDCAD may re-test 7/8.
15.03.2022
Both AUDUSD and NZDUSD may fall to reach 4/8.
14.03.2022
EURUSD is approaching 0/8, while GBPUSD is expected to continue falling.
11.03.2022
Brent is expected to complete the correction and resume trading upwards, while the S&P 500 index may return to 1/8.
10.03.2022
USDCHF may grow to reach 6/8; in the case of XAUUSD, the price has left the “overbought area”.
09.03.2022
USDJPY is trading within the “overbought area”, while USDCAD is approaching 8/8.
07.03.2022
EURUSD is approaching the “oversold area”, while GBPUSD may correct up to 2/8.
04.03.2022
Brent is expected to continue trading upwards, while the S&P 500 index may fall and each 2/8.