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.
11.10.2021
EURUSD may fall and reach 0/8, while GBPUSD is approaching the “overbought area”.
08.10.2021
Brent may update the local high again, while the S&P 500 index is back to consolidating.
07.10.2021
USDCHF may fall and reach the support at 7/8, while XAUUSD is no longer moving within the “oversold area”.
06.10.2021
USDJPY is heading towards 8/8, while USDCAD may fall and reach the support at 1/8.
05.10.2021
AUDUSD is returning to 2/8, NZDUSD is expected to fall and reach 0/8 after completing the correction.
04.10.2021
EURUSD is expected to continue falling, while GBPUSD may re-test the support at 6/8.
01.10.2021
Brent continues trading within the “overbought area”, while the S&P 500 index is heading towards 0/8.
30.09.2021
USDCHF is moving within the “overbought area”, while XAUUSD continues trading downwards.