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.

05.11.2014

Murrey Math Lines 05.11.2014 (EUR/USD, SILVER)

Eurodollar has rebounded from the 2/8 level and is trying to start a new descending movement.
04.11.2014

Murrey Math Lines 04.11.2014 (EUR/USD, SILVER)

Eurodollar is still consolidating; earlier the price rebounded from the 6/8 level.
03.11.2014

Murrey Math Lines 03.11.2014 (EUR/USD, SILVER)

In case of Eurodollar, earlier the take profit on my sell order worked and I’ve decided to open a new one during a local correction.
31.10.2014

Murrey Math Lines 31.10.2014 (EUR/USD, SILVER)

Eurodollar is attempting to rebound from the -1/8 level.
30.10.2014

Murrey Math Lines 30.10.2014 (EUR/USD, SILVER)

Eurodollar is still moving downwards.
29.10.2014

Murrey Math Lines 29.10.2014 (EUR/USD, SILVER)

Eurodollar is still consolidating.
28.10.2014

Murrey Math Lines 28.10.2014 (EUR/USD, SILVER)

Eurodollar is still consolidating near the upper border of “oversold zone”.
27.10.2014

Murrey Math Lines 27.10.2014 (EUR/USD, SILVER)

Eurodollar is still consolidating inside “oversold zone”.