Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Forex Murray math lines and forecasts
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back

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 20.04.2016 (EUR/USD, USD/CAD)

After a fast ascending movement, Eurodollar has started a correction.

Murrey Math Lines 19.04.2016 (EUR/USD, GBP/JPY)

Eurodollar is moving above Super Trends, which means that the ascending correction may continue.

Murrey Math Lines 18.04.2016 (EUR/USD, GBP/USD)

After rebounding from the 4/8 level, Eurodollar has started consolidating.

Murrey Math Lines 15.04.2016 (EUR/USD, GBP/USD)

Earlier, Eurodollar managed to stay under Super Trends, which may form “bearish cross” quite soon.

Murrey Math Lines 13.04.2016 (EUR/USD, GBP/USD)

At the H1 chart, Eurodollar has rebounded from the 7/8 level and started moving downwards.

Murrey Math Lines 12.04.2016 (EUR/USD, USD/CAD)

Eurodollar is still consolidating above the 5/8 level and the H4 Super Trend.

Murrey Math Lines 11.04.2016 (EUR/USD, USD/CAD)

Eurodollar is still consolidating above the 5/8 level.

Murrey Math Lines 08.04.2016 (EUR/USD, USD/CHF)

Eurodollar is still consolidating; bulls are supported by the H4 Super Trend and the 5/8 level.

Murrey Math Lines 07.04.2016 (EUR/USD, USD/CHF)

At the H1 chart, Super Trends are influenced by “bullish cross”.

Murrey Math Lines 06.04.2016 (EUR/USD, AUD/USD)

In case of Eurodollar, the current situation is very important.

Murrey Math Lines 05.04.2016 (EUR/USD, AUD/USD)

The market is moving close to the H4 Super Trend.

Murrey Math Lines 04.04.2016 (EUR/USD, AUD/USD)

The local ascending tendency continues.

Murrey Math Lines 01.04.2016 (EUR/USD, AUD/JPY)

Eurodollar has been able to stay above the 5/8 level, which means that the pair may continue moving upwards.

Murrey Math Lines 31.03.2016 (EUR/USD, USD/CAD)

Eurodollar continues growing and right now bulls are trying to keep the price above the 5/8 level.

Murrey Math Lines 30.03.2016 (EUR/USD, AUD/USD)

Eurodollar is again moving inside the “overbought zone”, between the +1/8 and +2/8 levels.