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.
02.11.2021
AUDUSD may correct down to 5/8, while NZDUSD is still expected to grow and reach 7/8.
01.11.2021
EURUSD is approaching the “oversold area”, while GBPUSD may fall and reach 7/8.
29.10.2021
After finishing the correction, Brent is heading towards 4/8; in the case of the S&P 500 index, the price may update its all-time high again.
28.10.2021
USDCHF may continue growing after breaking the resistance; in the case of XAUUSD, the price has resumed trading upwards to reach 5/8.
27.10.2021
USDJPY may correct down to 5/8, while USDCAD is expected to continue falling.
26.10.2021
AUDUSD is approaching the “overbought area”, while NZDUSD may grow and reach 7/8.
25.10.2021
EURUSD is heading towards the resistance at 4/8, while GBPUSD may fall and reach 8/8.
22.10.2021
Brent may correct down to 2/8, while the S&P 500 index is trading within the “overbought area”.