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Forex Murray math lines and forecasts

One of the key factors, which has influence on any trader’s success is his ability to correctly predict the market movements. The two main methods are technical and fundamental analysis of Forex market.

An important feature of fundamental analysis is its global nature. Events, which are analyzed in fundamental analysis, have long-term influence on supply and demand on the currency market. This information is composed of the news about the world’s biggest political and financial events. It’s hard to overestimate the influenced the news has on financial markets: when the most important news is published, the market volatility increases.

It’s quite easy for an experienced trader to analyze and predict how a single event may influence the market. However, analysis of several events, which may influence the market in completely different ways, is a very complicated and time-consuming process. This may be the reason why only approximately 20% of traders use fundamental analysis as their main forecasting tool.

Fundamental approach to Forex market analysis, unlike technical one, covers not only the prices and their changes, but the reasons for these changes as well. Each approach has its followers, advantages and disadvantages.


Murrey Math Lines 18.03.2016 (EUR/USD, NZD/JPY)

Eurodollar is consolidating near the 5/8 level.

Murrey Math Lines 17.03.2016 (EUR/USD, NZD/JPY)

Eurodollar continues growing.

Murrey Math Lines 16.03.2016 (EUR/USD, NZD/USD)

Eurodollar has been able to stay under the H4 Super Trend and the 3/8 level as well.

Murrey Math Lines 15.03.2016 (EUR/USD, NZD/USD)

Yesterday, Eurodollar broke the H4 Super Trend and stayed below it.

Murrey Math Lines 14.03.2016 (EUR/USD, NZD/USD)

After making a fast ascending movement last week, Eurodollar is consolidating.

Murrey Math Lines 11.03.2016 (EUR/USD, NZD/USD)

After rebounding from the 1/8 level twice, Eurodollar started a fast growth.

Murrey Math Lines 10.03.2016 (EUR/USD, AUD/USD)

Eurodollar is still consolidating near Super Trends, which are still influenced by “bullish cross”.

Murrey Math Lines 09.03.2016 (EUR/USD, EUR/JPY)

Yesterday, bears returned to the market and stopped the correction.

Analysis of Murray levels for EUR/USD and GBP/USD on March 8, 2016

On the 4 hour Euro-Dollar chart, the SuperTrend lines have formed the Bullish Cross.

Analysis of Murray levels for EUR/USD and GBP/USD on March 7, 2016

Euro-Dollar pair couldn’t fix above the level 28 from the first attempt.

Analysis of Murray levels for EUR/USD and USD/CHF on March 3, 2016

Construction of levels on the 3 hour chart matches with day chart. Market is trading in the narrow range for several days.

Analysis of Murray levels for EUR/USD and USD/CHF March 2, 2016

The main trend for Euro-Dollar pair is still downward. SuperTrend lines support the sliding.

Analysis of Murray levels for the EUR / USD and AUD / USD on March 1, 2016

The main trend for Euro-Dollar pair keeps slide. SuperTrend lines support the sliding.

Murray levels analysis for EUR/USD and AUD/USD on 29.02.2016

The Eurodollar continued to decline. Earlier the SuperTrend lines formed a "bearish cross".

Murray levels analysis of EUR/USD and NZD/JPY on 26.02.2016

The Euro Dollar retreated from the four-hour SuperTrend line, indicating a possible resumption of the market decline.