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.

19.08.2016

Murrey Math Lines 19.08.2016 (EUR/USD, USD/CAD)

After rebounding from the 6/8 level, the EUR/USD pair started a local correction.
18.08.2016

Murrey Math Lines 18.08.2016 (EUR/USD, USD/CAD)

The USD/CAD pair has rebounded from the H4 Super Trend and started falling.
17.08.2016

Murrey Math Lines 17.08.2016 (EUR/USD, USD/CHF)

The EUR/USD pair is still moving inside the “overbought zone”.
16.08.2016

Murrey Math Lines 16.08.2016 (EUR/USD, USD/CAD)

The EUR/USD pair started a fast growth and right now is moving inside the “overbought zone”.
15.08.2016

Murrey Math Lines 15.08.2016 (EUR/USD, AUD/USD)

Last Friday, the EUR/USD pair rebounded from the 7/8 level, which means that it may resume falling.
12.08.2016

Murrey Math Lines 12.08.2016 (EUR/USD, AUD/USD)

After rebounding from the 6/8 level, the EUR/USD pair is expected to resume falling.
11.08.2016

Murrey Math Lines 11.08.2016 (EUR/USD, AUD/USD)

Probably, the ascending correction has completed as the price hasn’t been able to stay above the 6/8 level, and it means that the pair may resume falling.
10.08.2016

Murrey Math Lines 10.08.2016 (EUR/USD, GBP/USD)

The current ascending correction is becoming deeper.