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.

27.07.2017

Murray Math Analysis 27.07.2017 (XAU/USD, NZD/USD)

The H4-chart of XAU/USD shows the pair is at its resistance level 5/8 (1265.63). If price rebounds from this level, gold can move lower towards 4/8 (1250.00) and 3/8 (1234.38) levels.
26.07.2017

Murray Math Lines 26.07.2017 (USD/CAD, NZD/USD)

The H4-chart shows that the USD/CAD pair is trading within the buying area between -1/8 and -2/8 levels. If price breaks through -1/8 level (1.2573), this can trigger a possible rise towards 3/8 level (1.3061).
25.07.2017

Murray Math Lines 25.07.2017 (AUD/CHF, EUR/USD)

The AUD/CHF pair has rebounded from the 8/8 resistance level (0.7568) on its H4-chart. Currently it is moving towards 5/8 level (0.7385).
24.07.2017

Murray Math Lines 24.07.2017 (EUR/USD, AUD/USD)

The H4 EUR/USD shows the price is moving close to the 8/8 resistance level (1.1718). A rebound from the 8/8 level and further downward move towards 3/8 level (1.1535) is expected.
21.07.2017

Murray Math Analysis 21.07.2017 (GBP/USD, EUR/CAD)

The GBP/USD pair is trading within the channel formed by 3/8 and 5/8 levels. A breakout of the 5/8 level (1.3000) can trigger an upward move towards 8/8 level (1.3183).
20.07.2017

Murray Math Analysis 20.07.2017 (AUD/USD, NZD/USD)

On the H4-chart the AUD/USD pair is trying to break the +1/8 level from top downwards. In case the price holds below this level, there can be a descending move towards 8/8 level (0.7812).
19.07.2017

Murray Math Lines 19.07.2017 (USD/JPY, USD/CAD)

The USD/JPY pair is moving within a channel formed by 5/8 and 3/8 levels. A rise of the price from 3/8 level (111.71) to 5/8 (113.28) is expected.
18.07.2017

Murray Math Lines 18.07.2017 (EUR/USD, EUR/CAD)

On the H4-chart the EUR/USD is being traded within the channel formed by 5/8 and 3/8 levels. A rebound from 5/8 level (1.1535) and decline towards 4/8 and 3/8 level can be expected.