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.

15.10.2014

Murrey Math Lines 15.10.2014 (EUR/USD, SILVER)

Eurodollar is trying to stay inside “oversold zone”.
13.10.2014

Murrey Math Lines 13.10.2014 (EUR/USD, SILVER)

The downtrend is still in effect.
10.10.2014

Murrey Math Lines 10.10.2014 (EUR/USD, SILVER)

Eurodollar hasn’t been able to stay above the daily Super Trend and right now is moving below the 0/8 level inside “oversold zone”.
09.10.2014

Murrey Math Lines 09.10.2014 (EUR/USD, SILVER)

Eurodollar did manage to break the 0/8 level.
08.10.2014

Murrey Math Lines 08.10.2014 (EUR/USD, AUD/JPY)

Eurodollar is still consolidating inside “oversold zone”.
07.10.2014

Murrey Math Lines 07.10.2014 (EUR/USD, AUD/JPY)

Eurodollar is still being corrected.
06.10.2014

Murrey Math Lines 06.10.2014 (EUR/USD, AUD/USD)

Eurodollar continues falling inside “oversold zone”.
03.10.2014

Murrey Math Lines 03.10.2014 (EUR/USD, SILVER)

Yesterday Euro rebounded from the 0/8 level, which means that the market may resume falling.