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.

11.12.2015

Murrey Math Lines 11.12.2015 (EUR/USD, NZD/USD)

New Zealand Dollar has rebounded from the 7/8 level four times, which means that it may start a descending correction, at least.
10.12.2015

Murrey Math Lines 10.12.2015 (EUR/USD, NZD/USD)

Eurodollar has rebounded from the 2/8 level twice, which means that it may resume moving downwards.
09.12.2015

Murrey Math Lines 09.12.2015 (EUR/USD, USD/CAD)

Eurodollar is moving towards the 2/8 level.
08.12.2015

Murrey Math Lines 08.12.2015 (EUR/USD, USD/CAD)

After rebounding from the 2/8, Eurodollar has started a new correction.
07.12.2015

Murrey Math Lines 07.12.2015 (EUR/USD, USD/CAD)

Eurodollar has faced resistance from the 2/8 level and started a descending correction.
04.12.2015

Murrey Math Lines 04.12.2015 (EUR/USD, AUD/USD)

The situation is quite interesting on the H1 chart: with a single ascending movement, the price has broken the distance between the 0/8 and 8/8 levels without any serious corrections.
03.12.2015

Murrey Math Lines 03.12.2015 (EUR/USD, SILVER)

Eurodollar is still moving at the bottom of the H4 chart.
02.12.2015

Murrey Math Lines 02.12.2015 (EUR/USD, EUR/JPY)

Eurodollar is trying to stay under The H4 Super Trend and the 1/8 level.