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.
20.07.2021
AUDUSD has reached the “oversold area”, while NZDUSD is heading towards 0/8.
19.07.2021
Both EURUSD and GBPUSD continue moving towards 0/8.
16.07.2021
Brent may fall to reach 5/8, while the S&P 500 index is starting a new correction.
15.07.2021
USDCHF may break 6/8 to complete the correction, while XAUUSD continues growing to reach the next target at 4/8.
14.07.2021
Both USDJPY and USDCAD are quickly heading towards 8/8.
13.07.2021
Both AUDUSD and NZDUSD may fall and reach 1/8.
12.07.2021
EURUSD may fall to reach 0/8, while GBPUSD is expected to re-test 1/8.
02.07.2021
Brent is moving within the “overbought area”, while the S&P 500 index continues growing towards the next target at 8/8.