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.
11.09.2020
Brent reached the oversold area. S&P 500 starts restoring after the falling with the first goal at 4/8.
10.09.2020
USDCHF will keep trading between 5/8 and 6/8. Gold may still rise to 8/8.
09.09.2020
USDJPY may still fall to 6/8. USDCAD is expected to grow further to 5/8.
08.09.2020
AUDUSD and NZDUSD are trading in the overbought areas.
07.09.2020
EURUSD may go on declining. In GBPUSD, the aim of the decline is 3/8.
04.09.2020
Brent and S&P 500 may test 5/8.
03.09.2020
USDCHF may reach 3/8. Gold depressed: the price may fall to 6/8.
02.09.2020
USDJPY quotations may fall to 6/8. USDCAD may correct to 4/8.