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.

20.08.2015

Murrey Math Lines 20.08.2015 (EUR/USD, AUD/USD)

Euro has started the correction and right now is moving above Super Trends again.
19.08.2015

Murrey Math Lines 19.08.2015 (EUR/USD, AUD/USD)

At the H4 chart, the price is moving between Super Trends.
18.08.2015

Murrey Math Lines 18.08.2015 (EUR/USD, GBP/JPY)

After rebounding from the 7/8 level several times, Eurodollar has broken the H4 Super Trend and stayed below the 6/8 level, which means it may continue moving downwards.
17.08.2015

Murrey Math Lines 17.08.2015 (EUR/USD, USD/CAD)

After rebounding from the 7/8 level twice, Eurodollar may resume moving downwards.
14.08.2015

Murrey Math Lines 14.08.2015 (EUR/USD, USD/CAD)

Eurodollar is attempting to rebound from the 7/8 level again.
13.08.2015

Murrey Math Lines 13.08.2015 (EUR/USD, USD/CAD)

Eurodollar hasn’t been able to stay above the 7/8 level, which means that the price may resume falling.
12.08.2015

Murrey Math Lines 12.08.2015 (EUR/USD, USD/CAD)

As we can see at the H1 chart, the pair is moving inside “overbought zone”.
10.08.2015

Murrey Math Lines 10.08.2015 (EUR/USD, NZD/USD)

Eurodollar is trying to rebound from the daily Super Trends and the 4/8 level.