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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.
14.06.2024
A breakout of the 2/8 level will indicate a fall in Brent quotes, and the S&P 500 index remains in the overbought area.
13.06.2024
USDCHF may reach the 7/8 level, and a breakout of the 3/8 level will indicate a further rise in Gold quotes.
12.06.2024
The likelihood of a rise in USDJPY persists, and USDCAD is in the overbought area.
11.06.2024
AUDUSD and NZDUSD quotes might reach the 6/8 levels.
10.06.2024
A decline in the EURUSD and GBPUSD pairs is expected.
07.06.2024
A rebound from the 2/8 level will indicate a fall in Brent quotes, and the S&P 500 index remains in the overbought area.
06.06.2024
USDCHF may correct to the 6/8 level, and the likelihood of a rise in Gold prices persists.
05.06.2024
The likelihood of a rise in the USDJPY and USDCAD pairs persists.