One of the classic approaches to the currency market analysis, which is successfully applied to everyday trading 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.
EURUSD is expected to fall towards the support at 1.2054, while GBPUSD may rebound from 7/8 and resume growing.
Brent continues trading upwards, while the S&P 500 index may reach +2/8.
USDCHF may correct to reach 3/8, while XAUUSD is expected to continue growing.
USDJPY may re-test 6/8, while USDCAD is expected to move downwards.
AUDUSD is returning to 8/8, while NZDUSD may break 5/8 and continue trading upwards.
EURUSD is still expected to grow towards +1/8, while GBPUSD is correcting to reach 6/8.
Brent is expected to correct, while the S&P 500 index is heading towards its all-time high again.
USDCHF is expected to continue trading within the downtrend, while XAUUSD may grow and reach 1937.50.