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.

07.08.2015

Murrey Math Lines 07.08.2015 (EUR/USD, GBP/USD)

Eurodollar is being corrected below Super Trends, which earlier formed “bearish cross”.
06.08.2015

Murrey Math Lines 06.08.2015 (EUR/USD, NZD/USD)

During the correction, Eurodollar was supported by Super Trends, which earlier formed “bearish cross”.
05.08.2015

Murrey Math Lines 05.08.2015 (EUR/USD, GBP/JPY)

Eurodollar is still moving downwards.
04.08.2015

Murrey Math Lines 04.08.2015 (EUR/USD, GBP/JPY)

After rebounding from the 3/8 level several times, Eurodollar is trying to stay below Super Trends, which may form “bearish cross” quite soon.
03.08.2015

Murrey Math Lines 03.08.2015 (EUR/USD, AUD/USD)

Last week, Eurodollar rebounded twice from the 3/8 level, thus indicating that the price may resume falling.
31.07.2015

Murrey Math Lines 31.07.2015 (EUR/USD, NZD/USD)

At the H1 chart, the price is trying to stay below the 3/8 level.
30.07.2015

Murrey Math Lines 30.07.2015 (EUR/USD, GBP/JPY)

It looks like Eurodollar is resuming its decline.
29.07.2015

Murrey Math Lines 29.07.2015 (EUR/USD, GBP/JPY)

Eurodollar is being corrected.