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.

08.08.2017

Murrey Math Lines 08.08.2017 (NZD/JPY, AUD/USD)

At the H4 chart, the NZD/JPY pair is trading close to the resistance at the 0/8 level at 81.25.
07.08.2017

Murrey Math Lines 07.08.2017 (GBP/USD, USD/CHF)

As we can see at the H4 chart, the GBP/USD pair reached the target at the 5/8 level at 1.3000.
04.08.2017

Murrey Math Lines 02.08.2017 (GBP/USD, EUR/CAD)

As we can see at the H4 chart, the GBP/USD pair broke the 5/8 level at 1.3183, just as expected.
03.08.2017

Murrey Math Lines 03.08.2017 (NZD/USD, AUD/NZD)

At the H4 chart, the NZD/USD pair reached its first target at the 5/8 level at 0.7385.
02.08.2017

Murrey Math Lines 02.08.2017 (EUR/USD, GBP/USD)

At the H4 chart, the EUR/USD pair is still trading inside the “overbought zone” close to the resistance at the +1/8 level at 1.1840.
01.08.2017

Murrey Math Lines 01.08.2017 (GBP/USD, AUD/USD)

As we can see at the H4 chart, the GBP/USD pair reached and broke the 8/8 level at 1.3183, just as expected.
31.07.2017

Murrey Math Lines 31.07.2017 (EUR/USD, USD/JPY)

At the H4 chart, the EUR/USD pair is still trading close to the resistance at the 8/8 level at 1.1718.
28.07.2017

Murray Math Lines 28.07.2017 (EUR/USD, USD/JPY)

The EUR/USD on its H4-chart has completed a false brekout of the resistance level 8/8. Yet another attempt to reach the 8/8 level (1.1718) is expected.