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.
17.02.2021
USDJPY is starting a new correction, while USDCAD is no longer moving within the “oversold area”.
16.02.2021
AUDUSD is expected to correct towards 5/8, while NZDUSD may break 6/8 and continue growing.
15.02.2021
EURUSD may grow to reach 4/8, while GBPUSD is moving within the “overbought area”.
12.02.2021
Brent is expected to correct towards 6/8, while the S&P 500 index continues updating its all-time highs.
11.02.2021
Bears aren’t going to stop and may continue pushing USDCHF towards the next downside target at 2/8; in the case of XAUUSD, the price is expected to get back to 0/8.
10.02.2021
USDJPY may complete the correction at 3/8, while USDCAD is starting a new decline towards the next target at -1/8.
09.02.2021
Both AUDUSD and NZDUSD are heading towards 8/8.
08.02.2021
EURUSD may complete the correction at 2/8, while GBPUSD is expected to reach its yearly high.