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.

08.11.2021

Murrey Math Lines 08.11.2021 (EURUSD, GBPUSD)

A breakaway of the support level at 5/8 will mean further falling of EURUSD. GBPUSD quotations might correct to 3/8.
05.11.2021

Murrey Math Lines 05.11.2021 (Brent, S&P 500)

Brent may get back to 6/8; in the case of the S&P 500 index, the next upside target is 5/8.
04.11.2021

Murrey Math Lines 04.11.2021 (USDCHF, GOLD)

The next downside target in USDCHF is 4/8; in the case of XAUUSD, the price is approaching the “oversold area”.
03.11.2021

Murrey Math Lines 03.11.2021 (USDJPY, USDCAD)

USDJPY is expected to grow and reach 7/8, while USDCAD may rebound from the resistance and resume falling.
02.11.2021

Murrey Math Lines 02.11.2021 (AUDUSD, NZDUSD)

AUDUSD may correct down to 5/8, while NZDUSD is still expected to grow and reach 7/8.
01.11.2021

Murrey Math Lines 01.11.2021 (EURUSD, GBPUSD)

EURUSD is approaching the “oversold area”, while GBPUSD may fall and reach 7/8.
29.10.2021

Murrey Math Lines 29.10.2021 (Brent, S&P 500)

After finishing the correction, Brent is heading towards 4/8; in the case of the S&P 500 index, the price may update its all-time high again.
28.10.2021

Murrey Math Lines 28.10.2021 (USDCHF, GOLD)

USDCHF may continue growing after breaking the resistance; in the case of XAUUSD, the price has resumed trading upwards to reach 5/8.