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.
18.01.2022
Both AUDUSD and NZDUSD are heading towards 4/8.
17.01.2022
The next downside target in EURUSD is 5/8; in the case of GBPUSD, the price is moving within the “overbought area”.
14.01.2022
Brent is heading towards the “overbought area”, while the S&P 500 index may continue trading downwards and reach 1/8.
13.01.2022
USDCHF is heading towards 4/8, while XAUUSD may break the resistance at 5/8 and continue growing.
12.01.2022
USDJPY may continue the correction, while USDCAD is heading towards the “oversold area”.
11.01.2022
AUDUSD may fall and reach 4/8, while NZDUSD is expected to rebound from the resistance and resume trading to the downside.
10.01.2022
EURUSD is heading towards 6/8, while GBPUSD may soon reach the “overbought area”.
06.01.2022
USDJPY is moving within the “overbought area”, while USDCAD is heading towards 8/8.