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.

28.12.2018

Murrey Math Lines 28.12.2018 (EURUSD, GBPUSD)

In the H4 chart, EURUSD is expected to grow into the “overbought zone” towards the +1/8 level.
27.12.2018

Murrey Math Lines 27.12.2018 (USDCHF, GOLD)

In the H4 chart, USDCHF is expected to continue falling into the “oversold zone” to reach the -1/8 level.
26.12.2018

Murrey Math Lines 26.12.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
25.12.2018

Murrey Math Lines 25.12.2018 (AUDUSD, NZDUSD)

In the H4 chart, AUDUSD is consolidating.
24.12.2018

Murrey Math Lines 24.12.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD is trading above the 5/8 level and may resume growing towards the resistance at the 7/8 one.
21.12.2018

Murrey Math Lines 21.12.2018 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD has rebounded from the resistance at the 8/8 level and may resume falling towards the 5/8 one.
20.12.2018

Murrey Math Lines 20.12.2018 (USDCHF, GOLD)

In the H4 chart, USDCHF is expected to break the 2/8 level and then continue growing to reach the resistance at the 5/8 one.
19.12.2018

Murrey Math Lines 19.12.2018 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY is trading inside the “oversold zone”.