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.
02.04.2021
Brent is slowly recovering after plunging; in the case of the S&P 500 index, the next resistance area is at 4062.50.
01.04.2021
USDCHF is heading towards 6/8, while XAUUSD may complete its correctional uptrend at 3/8.
31.03.2021
Both USDJPY and USDCAD are heading towards 8/8.
30.03.2021
Both AUDUSD and NZDUSD may complete their respective corrections at 2/8.
29.03.2021
EURUSD remains under pressure and may fall towards 0/8; in the case of GBPUSD, the price has finished the correction.
26.03.2021
Brent may rebound from 4/8 and then resume falling, while the S&P 500 index is moving to reach its all-time high.
25.03.2021
USDCHF is trading within the “overbought area”, while XAUUSD may break 3/8 and continue its decline.
24.03.2021
USDJPY continues falling to reach the next target at 6/8, while USDCAD is expected to finish the correction.