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.
07.12.2021
AUDUSD may break 0/8 and continue trading upwards, while NZDUSD is expected to correct up to 1/8.
06.12.2021
EURUSD is getting back to 0/8, while GBPUSD may fall to reach the support at 3/8.
03.12.2021
Brent is approaching the resistance at 3/8, while the S&P 500 index is slowly recovering after plunging earlier.
02.12.2021
USDCHF may fall towards 5/8; in the case of XAUUSD, the price is approaching the “oversold area”.
01.12.2021
USDJPY may return to 0/8, while USDCAD is expected to leave the “overbought area”.
30.11.2021
AUDUSD is approaching the “oversold area”, while NZDUSD may correct up to 1/8.
29.11.2021
EURUSD may correct up to 3/8, while GBPUSD is expected to break 5/8 and continue trading downwards.
26.11.2021
Brent may grow to return to 5/8, while the S&P 500 index is falling towards the closest support at 3/8.