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.
17.12.2021
Brent is returning to 2/8, while the S&P 500 index may complete the correction at 7/8.
16.12.2021
USDCHF is expected to fall towards the support at 6/8; in the case of XAUUSD, the price may return to 0/8.
15.12.2021
USDJPY may grow and reach 5/8, while USDCAD is expected to leave the “overbought area” and fall towards 8/8.
14.12.2021
AUDUSD is approaching the “oversold area” again, while NZDUSD is expected to break -1/8 and resume growing.
13.12.2021
EURUSD is getting back to the “oversold area”, while GBPUSD is still expected to fall and reach 3/8.
10.12.2021
Brent is finishing the correction and may resume falling, while the S&P 500 index is heading towards its all-time high.
09.12.2021
USDCHF is still expected to fall towards 5/8; in the case of XAUUSD, the price may break the support at 2/8 and continue trading downwards.
08.12.2021
USDJPY is returning to 0/8, while USDCAD is heading towards 6/8.