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.
15.01.2020
USDJPY may test 7/8, while USDCAD is correcting towards 3/8.
14.01.2020
AUDUSD may correct towards 2/8, while NZDUSD is consolidating between 3/8 and 5/8.
13.01.2020
EURUSD is still consolidating, while GBPUSD continues falling towards the support at 0/8.
10.01.2020
EURUSD is consolidating, while GBPUSD may test the support at 0/8.
09.01.2020
USDCHF is trading inside the “oversold area”, while XAUUSD is returning to 0/8.
08.01.2020
USDJPY may test 0/8 once again, while USDCAD is expected to correct towards 3/8.
31.12.2019
AUDUSD is trading close to the resistance at 3/8, while NZDUSD may grow to reach 8/8.
20.12.2019
EURUSD is consolidating again, while GBPUSD may fall to reach 1/8.