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.
29.07.2020
USDJPY is trading inside the “oversold area”, while USDCAD may grow to reach 5/8.
28.07.2020
AUDUSD may move downwards and reach 3/8, while NZDUSD has broken 5/8 and is expected to continue growing.
27.07.2020
Both EURUSD and GBPUSD have reached their respective “overbought areas”.
24.07.2020
Both Brent and S&P 500 are expected to fall today.
23.07.2020
Both USDCHF and XAUUSD may start correcting today.
22.07.2020
USDJPY is expected to continue falling, while USDCAD is consolidating.
21.07.2020
AUDUSD may continue moving upwards, while NZDUSD is expected to fall towards 6/8.
20.07.2020
EURUSD may reach 8/8, while GBPUSD is expected to rebound from 5/8 and start a new ascending wave.