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.

29.09.2017

Murrey Math Lines 29.09.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, the XAU/USD pair has reached its target at the 0/8 level at 1281.25 and rebounded from it.
28.09.2017

Murrey Math Lines 28.09.2017 (EUR/USD, AUD/USD)

As we can see at the H4 chart, the EUR/USD pair has reached its main target at the 0/8 level at 1.1718.
27.09.2017

Murrey Math Lines 27.09.2017 (EUR/USD, GBP/USD)

At the H4 chart, the EUR/USD pair is still moving towards its main target at the support at the 0/8 level at 1.1718, just as expected.
26.09.2017

Murrey Math Lines 26.09.2017 (XAU/USD, GBP/AUD)

At the H4 chart, the XAU/USD pair is expected to test the 4/8 level at 1312.50 and then fall towards the 3/8 one at 1296.88.
25.09.2017

Murrey Math Lines 25.09.2017 (EUR/USD, AUD/USD)

At the H4 chart, the EUR/USD pair is consolidating between the 5/8 and 3/8 levels.
22.09.2017

Murrey Math Lines 22.09.2017 (GBP/USD, USD/JPY)

At the H4 chart, the GBP/USD pair is expected to test the resistance at the 8/8 level at 1.3671 once again, rebound from it, and then continue falling towards the 5/8 one at 1.3305.
21.09.2017

Murrey Math Lines 21.09.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair has failed to break the 5/8 level at 1.2023 and fix above it.
20.09.2017

Murrey Math Lines 20.09.2017 (EUR/USD, USD/JPY)

At the H4 chart, the EUR/USD pair is getting closer to the upside border of the consolidation channel at the 5/8 level at 1.2023.