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.

27.11.2017

Murrey Math Lines 27.11.2017 (EUR/USD, GBP/USD)

At the H4 chart, the EUR/USD pair is expected to test the support at the 7/8 level (1.1901), rebound from it, and then grow towards the resistance at the 8/8 one (1.1962).
24.11.2017

Murrey Math Lines 24.11.2017 (EUR/USD, GBP/USD)

At the H4 chart, the EUR/USD pair is expected to continue growing to reach the 8/8 level (1.1962).
23.11.2017

Murrey Math Lines 23.11.2017 (USD/CHF, GOLD)

As we can see at the H4 chart, the XAU/USD pair has broken the consolidation range and right now is moving upwards pretty fast.
22.11.2017

Murrey Math Lines 22.11.2017 (USD/CAD, USD/JPY)

At the H4 chart, the USD/JPY pair is consolidating, that’s why it’s rather difficult to predict the future price movement, so we’ll have to consider two possible scenarios.
21.11.2017

Murrey Math Lines 21.11.2017 (AUD/USD, NZD/USD)

At the H4 chart, the AUD/USD pair is consolidating between the 3/8 and 5/8 levels.
20.11.2017

Murrey Math Lines 20.11.2017 (EUR/USD, GBP/USD)

As we can see at the H4 chart, the EUR/USD pair has entered the consolidation range between the 3/8 and 5/8 levels, just as expected.
17.11.2017

Murrey Math Lines 17.11.2017 (EUR/USD, GBP/USD)

As we can see at the H4 chart, the EUR/USD pair has broken the consolidation range between the 3/8 and 5/8 levels to the upside and right now is trading towards the resistance at 8/8 level (1.1962).
16.11.2017

Murrey Math Lines 16.11.2017 (USD/CHF, GOLD)

As we can see at the H4 chart, the USD/CHF pair has broken the consolidation channel between the 3/8 and 5/8 levels to the downside and right now is falling towards the support at the 0/8 one (0.9765).