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.
10.08.2020
EURUSD may correct towards 7/8 today, while GBPUSD is expected to continue moving upwards.
07.08.2020
Brent may trade downwards to reach 4/8, while S&P 500 has rebounded from the resistance and is currently expected to fall towards 2/8.
06.08.2020
USDCHF is expected to test 0/8, while XAUUSD is moving inside the “overbought area” and may correct towards 8/8.
05.08.2020
USDJPY may grow to reach 5/8, while USDCAD is expected to fall towards 0/8.
04.08.2020
Both AUDUSD and NZDUSD may fall to reach 3/8.
03.08.2020
Both EURUSD and GBPUSD may continue their respective corrections today.
31.07.2020
Both Brent and S&P 500 are expected to fall today.
30.07.2020
USDCHF is expected to continue trading downwards and reach 0/8, while XAUUSD may test 2000.00.