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.
18.05.2021
AUDUSD is approaching the “overbought area”, while NZDUSD may reach the resistance at 8/8.
17.05.2021
EURUSD is trying to reach 8/8, while GBPUSD is getting back inside the “overbought area”.
14.05.2021
Brent may grow to reach 70.31, while the S&P 500 index is recovering after plunging earlier.
13.05.2021
USDCHF is still trading sideways, while XAUUSD may rebound from 6/8 and finish the correction.
12.05.2021
USDJPY may rebound from 3/8 and resume falling, while USDCAD is expected to correct towards 5/8.
11.05.2021
AUDUSD is moving inside the “overbought area”, while NZDUSD is approaching the resistance at 8/8.
10.05.2021
EURUSD is approaching the ”overbought area”, while GBPUSD is heading towards 7/8.
07.05.2021
Brent may break 4/8 and complete the correction, while the S&P 500 index is approaching its all-time high again.