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.

11.10.2017

Murrey Math Lines 11.10.2017 (GBP/USD, AUD/USD)

At the H4 chart, the GBP/USD pair is expected to test the 3/8 level at 1.3061.
10.10.2017

Murrey Math Lines 10.10.2017 (USD/CHF, USD/JPY)

At the H4 chart, the USD/CHF pair is trading above the 8/8 level at 0.9765.
09.10.2017

Murrey Math Lines 09.10.2017 (EUR/USD, USD/JPY)

At the H4 chart, the EUR/USD pair couldn’t continue falling to reach its main target at 1.1596.
06.10.2017

Murrey Math Lines 06.10.2017 (EUR/USD, GBP/USD)

At the H4 chart, the EUR/USD pair broke the support at the 0/8 level at 1.1718, just as expected.
05.10.2017

Murrey Math Lines 05.10.2017 (EUR/USD, USD/CHF)

As we can see at the H4 chart, the EUR/USD pair has rebounded from the support at the 0/8 level at 1.1718 and, according to the forecast, must reach its first target at the 3/8 one at 1.1901.
04.10.2017

Murrey Math Lines 04.10.2017 (GBP/USD, AUD/USD)

As we can see at the H4 chart, the GBP/USD pair is consolidating between the 3/8 and 5/8 levels at 1.3061 and 1.3305 respectively.
03.10.2017

Murrey Math Lines 03.10.2017 (EUR/USD, AUD/USD)

As we can see at the H4 chart, the EUR/USD pair has broken the support at the 0/8 level at 1.1718 and entered the “oversold zone”, where there are two more supports, the -1/8 and -2/8 levels at 1.1657 and 1.1596 respectively.
02.10.2017

Murrey Math Lines 02.10.2017 (GBP/USD, NZD/USD)

At the H4 chart, the GBP/USD pair is expected to test the 5/8 level at 1.3305, rebound from it, and then resume growing towards the resistance at the 8/8 one at 1.3671.