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.

05.10.2015

Murrey Math Lines 05.10.2015 (EUR/USD, USD/ZAR)

As we can see at the H4 chart, South African Rand is testing the 6/8 level.
02.10.2015

Murrey Math Lines 02.10.2015 (EUR/USD, GBP/USD)

Pound is trying to break the 4/8 level.
01.10.2015

Murrey Math Lines 01.10.2015 (EUR/USD, GBP/JPY)

As we can see at the H4 chart, bears have tipped the scales in their favor and kept the price under Super Trends.
30.09.2015

Murrey Math Lines 30.09.2015 (EUR/USD, GBP/USD)

At the H1 chart, the price is moving close to the 4/8 level as well.
29.09.2015

Murrey Math Lines 29.09.2015 (EUR/USD, USD/CAD)

At the H4 chart, Eurodollar is still consolidating in the middle.
28.09.2015

Murrey Math Lines 28.09.2015 (EUR/USD, GBP/JPY)

At the H4 chart, Eurodollar is still moving in the middle.
25.09.2015

Murrey Math Lines 25.09.2015 (EUR/USD, GBP/USD)

As we can see at the H4 chart, Eurodollar’s attempt to break the 4/8 level has failed and right now the price is moving below it again.
24.09.2015

Murrey Math Lines 24.09.2015 (EUR/USD, USD/CAD)

At the H4 chart, Eurodollar is moving below the 4/8 level; Super Trend have formed “bearish cross”.