Murrey math lines and forecasts

Murrey Math Levels is one of the classic approaches to 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.

Murrey math lines are based on the approach and observation of William Gann, also used for forecasting, but Murrey was able to adapt this system, making it understandable for investors. The Murrey math levels approach is to track the 8 major lines (price levels) that together make up the "Murrey math lines" indicator. Despite the fact that the method of analysis and forecasting according to Murrey math lines is quite complex, experts consider it unique and capable of performing in combination with others. On this page, you will find Murrey math lines analytics from RoboForex experts.

07.11.2017

Murrey Math Lines 07.11.2017 (NZD/CHF, AUD/JPY)

As we can see at the H4 chart, the NZD/CHF pair has failed to break the 3/8 level at 0.6927 and fix above it.
06.11.2017

Murrey Math Lines 06.11.2017 (GBP/USD, EUR/USD)

At the H4 chart, the GBP/USD pair is trading close to the downside border of the consolidation channel at the 3/8 level at 1.3061.
03.11.2017

Murrey Math Lines 03.11.2017 (USD/RUB, USD/CAD)

As we can see at the H4 chart, the USD/RUB pair is trading close to the 3/8 level at 58.5938.
02.11.2017

Murrey Math Lines 02.11.2017 (USD/CHF, GBP/USD)

As we can see at the H4 chart, the USD/CHF pair has rebounded from the resistance at the 8/8 level at 1.0009.
01.11.2017

Murrey Math Lines 01.11.2017 USD/JPY, NZD/USD)

As we can see at the H4 chart, the USD/JPY pair has failed to fix below the 5/8 level at 113.28.
31.10.2017

Murrey Math Lines 31.10.2017 (EUR/USD, NZD/USD)

As we can see at the H4 chart, the EUR/USD pair has rebounded from the 3/8 level at 1.1657 and may continue moving downwards to reach the 0/8 one at 1.1474.
30.10.2017

Murrey Math Lines 30.10.2017 (USD/CAD, AUD/USD)

As we can see at the H4 chart, the USD/CAD pair is trading inside the “overbought zone” above the 8/8 level.
27.10.2017

Murrey Math Lines 27.10.2017 (NZD/USD, EUR/GBP)

As we can see at the H4 chart, the NZD/USD pair has reached the support at the 0/8 level at 0.6835, just as expected.