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.
20.08.2020
USDCHF may continue correcting, while XAUUSD is expected to fall towards the support at 6/8.
19.08.2020
USDJPY may fall towards 2/8, while USDCAD has reached the “oversold area”.
18.08.2020
AUDUSD continues trading upwards to reach 8/8, while NZDUSD is expected to break 3/8.
17.08.2020
EURUSD is still trading inside the “overbought area”, while GBPUSD is expected to continue moving upwards.
14.08.2020
Brent is expected to continue trading upwards, while S&P 500 may grow to reach the next upside target at 3437.5.
13.08.2020
USDCHF is expected to test 0/8, while XAUUSD may fall towards the support at 6/8.
12.08.2020
USDJPY is expected to grow towards 6/8, while USDCAD remains under pressure and may fall to reach 1/8.
11.08.2020
AUDUSD may continue trading upwards, while NZDUSD is expected to break 5/8.