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.
26.04.2021
EURUSD is heading towards the “overbought area”, GBPUSD may break 4/8 and continue trading upwards.
23.04.2021
After finishing the correction, Brent is expected to return to 3/8; in the case of the S&P 500 index, the price may head towards 4218.8.
22.04.2021
USDCHF may fall to reach the support at 1/8, while XAUUSD is approaching the “overbought area”.
21.04.2021
USDJPY may break 2/8 and continue falling, while USDCAD is approaching 8/8.
20.04.2021
AUDUSD is approaching the “overbought area”, while NZDUSD is moving towards 7/8.
19.04.2021
EURUSD is correcting towards 3/8, while GBPUSD may break a similar level and continue trading upwards.
16.04.2021
Brent may correct down to 2/8, while the S&P 500 index is heading towards 4218.8.
15.04.2021
USDCHF is recovering after plunging earlier, while XAUUSD is still expected to grow towards 1781.25.