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.

23.09.2014

Murrey Math Lines 23.09.2014 (EUR/USD, SILVER)

Despite a rebound from the 1/8 level, as long as the price is moving below the H4 Super Trend, Eurodollar still has the chance to continue falling.
22.09.2014

Murrey Math Lines 22.09.2014 (EUR/USD, SILVER)

Eurodollar has reached the lower border of “oversold zone”; earlier the price rebounded from the H4 Super Trend and broke the minimum.
19.09.2014

Murrey Math Lines 19.09.2014 (EUR/USD, SILVER)

After rebounding from the H4 Super Trend, Eurodollar is trying to start falling again.
18.09.2014

Murrey Math Lines 18.09.2014 (EUR/USD, SILVER)

After breaking the minimum, Eurodollar continued moving inside “oversold zone”.
17.09.2014

Murrey Math Lines 17.09.2014 (EUR/USD, SILVER)

Eurodollar is still consolidating.
16.09.2014

Murrey Math Lines 16.09.2014 (EUR/USD, SILVER)

Eurodollar is still consolidating.
15.09.2014

Murrey Math Lines 15.09.2014 (EUR/USD, SILVER)

It looks like bulls’ attempt to keep the price above the 0/8 level failed.
12.09.2014

Murrey Math Lines 12.09.2014 (EUR/USD, NZD/USD)

Eurodollar is still consolidating below the 0/8 level.