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.

23.10.2017

Murrey Math Lines 23.10.2017 (USD/CHF, USD/CAD)

At the H4 chart, the USD/CHF pair is trading inside the “overbought zone” above the 8/8 level.
20.10.2017

Murrey Math Lines 20.10.2017 (AUD/CHF, EUR/CHF)

At the H4 chart, the AUD/CHF pair is consolidating between the 3/8 and 5/8 levels at 0.7659 and 0.7720 respectively.
19.10.2017

Murrey Math Lines 19.10.2017 (EUR/USD, AUD/USD)

At the H4 chart, after breaking the 1/8 level at 1.1779, the EUR/USD pair started moving towards its first target at the 3/8 one at 1.1901.
18.10.2017

Murrey Math Lines 18.10.2017 (EUR/USD, EUR/JPY)

At the H4 chart, the EUR/USD pair is expected to test the support at the 0/8 level at 1.1718, rebound from it, and then resume growing towards the 3/8 one at 1.1901.
17.10.2017

Murrey Math Lines 17.10.2017 (NZD/CHF, EUR/JPY)

As we can see at the H4 chart, the NZD/CHF pair has rebounded from the 3/8 level at 0.7019.
16.10.2017

Murrey Math Lines 16.10.2017 (GBP/USD, USD/JPY)

As we can see at the H4 chart, the GBP/USD pair is trading close to the upside border of the consolidation range near the 5/8 level at 1.3305.
13.10.2017

Murrey Math Lines 13.10.2017 (GOLD, EUR/GBP)

As we can see at the H4 chart, the XAU/USD pair has reached the 3/8 level at 1296.88.
12.10.2017

Murrey Math Lines 12.10.2017 (EUR/USD, AUD/USD)

As we can see at the H4 chart, the EUR/USD pair is quickly getting closer to its first target at the 3/8 level at 1.1901, which means that it may continue growing to reach the next target at the 5/8 one at 1.2023.