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.
01.07.2021
USDCHF may rebound from 8/8 and resume falling, while XAUUSD is expected to grow and reach 1812.50
30.06.2021
USDJPY continues the correction, while USDCAD is returning to 8/8.
29.06.2021
After completing their respective corrections, both AUDUSD and NZDUSD are moving downwards.
28.06.2021
Both EURUSD and GBPUSD may fall to reach 1/8.
25.06.2021
Brent has reached the “overbought area”, while the S&P 500 index continues updating its all-time highs.
24.06.2021
USDCHF is approaching the “overbought area”, while XAUUSD may fall and reach the support at 1750.00.
23.06.2021
USDJPY is approaching the “overbought area”, while USDCAD may break 6/8 and continue trading upwards.
22.06.2021
AUDUSD is consolidating, while NZDUSD may correct to reach 4/8.