Forex 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.


Murrey Math Lines 12.08.2022 (Brent, S&P 500)

Brent is no longer moving inside the “oversold area”, while the S&P 500 index is heading towards 4/8.

Murrey Math Lines 11.08.2022 (USDCHF, GOLD)

USDCHF is expected to update its local low, while XAUUSD may rebound from 5/8 and resume trading upwards.

Murrey Math Lines 10.08.2022 (USDJPY, USDCAD)

A breakout of the resistance will lead to a further uptrend in USDJPY; in the case of USDCAD, the price may grow and reach 5/8.

Murrey Math Lines 09.08.2022 (AUDUSD, NZDUSD)

Both AUDUSD and NZDUSD may move up to 8/8.

Murrey Math Lines 08.08.2022 (EURUSD, GBPUSD)

EURUSD may continue falling towards 1/8, while GBPUSD is expected to return to the support at 2/8.

Murrey Math Lines 05.08.2022 (Brent, S&P 500)

Brent is moving inside the “oversold area”, while the S&P 500 index may return to 1/8.

Murrey Math Lines 04.08.2022 (USDCHF, GOLD)

USDCHF is still expected to fall and reach 1/8, while XAUUSD may break the resistance at 5/8 and continue trading upwards.

Murrey Math Lines 03.08.2022 (USDJPY, USDCAD)

USDJPY may continue falling and reach 3/8; in the case of USDCAD, the price has finished the correction and is currently move towards 1/8.