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.

22.05.2019

Murrey Math Lines 22.05.2019 (USDJPY, USDCAD)

As we can see in the H4 chart, USDJPY has reached the target at the 3/8 level, just as expected.
21.05.2019

Murrey Math Lines 21.05.2019 (AUDUSD, NZDUSD)

As we can see in the H4 chart, AUDUSD is trading below the 3/8 level and may continue falling to reach the support at the 0/8 one.
20.05.2019

Murrey Math Lines 20.05.2019 (EURUSD, GBPUSD)

As we can see in the H4 chart, GBPUSD has almost reached the target at the 0/8 level, which we discussed last Friday.
17.05.2019

Murrey Math Lines 17.05.2019 (EURUSD, GBPUSD)

Recently, the USD has been growing against all major currencies and only EURUSD can’t decide on where to move.
16.05.2019

Murrey Math Lines 16.05.2019 (USDCHF, GOLD)

In the H4 chart, USDCHF is expected to break the 5/8 level and then continue falling towards the support at the 3/8 one.
15.05.2019

Murrey Math Lines 15.05.2019 (USDJPY, USDCAD)

In the H4 chart, USDJPY has been trading downwards for almost two weeks without any significant corrections.
14.05.2019

Murrey Math Lines 14.05.2019 (AUDUSD, NZDUSD)

As we can see in the H4 chart, AUDUSD is trading inside the “oversold zone”.
13.05.2019

Murrey Math Lines 13.05.2019 (EURUSD, GBPUSD)

As we can see in the H4 chart, EURUSD is trying to leave the “oversold zone” for the third time, which may indicate a possible tendency to the upside.