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.
21.06.2021
Both EURUSD and GBPUSD may break 2/8 and continue trading within the downtrend.
18.06.2021
Brent may re-test 7/8, while the S&P 500 index is returning to 5/8.
17.06.2021
USDCHF may continue growing, while XAUUSD is expected to break the support at 2/8 and form a new descending wave.
16.06.2021
USDJPY continues trading upwards, while USDCAD is starting a new rising tendency.
15.06.2021
AUDUSD may break the support at 6/8 and continue falling, while NZDUSD is expected to reach 0/8.
14.06.2021
EURUSD is expected to fall towards the support at 1.2054, while GBPUSD may rebound from 7/8 and resume growing.
11.06.2021
Brent continues trading upwards, while the S&P 500 index may reach +2/8.
10.06.2021
USDCHF may correct to reach 3/8, while XAUUSD is expected to continue growing.