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.
11.08.2021
USDJPY quotations might test the resistance level of 111.33; USDCAD is making the second attempt to reach 7/8.
10.08.2021
AUDUSD has reached the oversold area; NZDUSD are heading for 3/8.
09.08.2021
EURUSD is nearing the oversold area; GBPUSD might still grow to 5/8.
06.08.2021
Oil quotations may still fall to 4/8; S&P is reneweing its all-time high again.
05.08.2021
USDCHF quotations are correcting to 3/8; Gold keeps trading in a consolidations range.
04.08.2021
USDJPY is trading in the oversold area; a breakaway off 5/8 might provoke growth of USDCAD.
03.08.2021
AUDUSD is correcting to 2/8, if NZDUSD breaks 3/8 the trend might change.
02.08.2021
EURUSD is returning to 1/8, GBPUSD might test the resistance at 5/8 again.