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.
06.02.2020
USDCHF is moving close to the “overbought area”, while XAUUSD may fall towards 0/8.
05.02.2020
USDJPY is moving towards 5/8, while USDCAD is trading inside the “overbought area”.
04.02.2020
AUDUSD may fall towards 0/8, while NZDUSD is trading inside the “oversold area”.
03.02.2020
Both EURUSD and GBPUSD are consolidating.
31.01.2020
The correction in EURUSD may reach 3/8, while GBPUSD is expected to fall towards 0/8 again.
30.01.2020
USDCHF is consolidating, while XAUUSD may grow towards 4/8.
29.01.2020
USDJPY is consolidating, while USDCAD is expected to test 6/8.
28.01.2020
AUDUSD is trading inside the “oversold area”, while NZDUSD may fall to reach 0/8.