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.
17.01.2019
As we can see in the H4 chart, USDCHF is consolidating.
16.01.2019
In the H4 chart, USDJPY is still trading above the 5/8 level and may continue growing towards the resistance at the 7/8 one.
15.01.2019
As we can see in the H4 chart, AUDUSD is trading above the 5/8 level and may continue growing towards the resistance at the 8/8 one.
14.01.2019
In the H4 chart, EURUSD is consolidating.
11.01.2019
As we can see in the H4 chart, EURUSD failed to fix above the 5/8 level yesterday and may resume falling towards the support at the 3/8 one.
10.01.2019
In the H4 chart, XAUUSD may break the 7/8 level and then continue trading upwards to reach the resistance at the 8/8 one.
09.01.2019
In the H4 chart, USDJPY is trading above the 5/8 level and may continue growing towards the 7/8 one.
08.01.2019
In the H4 chart, AUDUSD is trading above the 5/8 level and may continue growing towards the resistance at the 8/8 one.