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.

22.10.2013

Murray Math Lines 22.10.2013 (AUD/USD, GBP/CHF, SILVER)

Australian Dollar is still consolidating; the bulls are supported by the H4 Super Trend. If the price is able to rebounds from the current levels, the pair will continue growing up towards the 8/8 one.
21.10.2013

Murray Math Lines 21.10.2013 (AUD/USD, NZD/JPY, SILVER)

Australian Dollar continues moving upwards very fast. Last Friday, the price broke the 7/8 level and stayed above it. During a local correction, I opened one more buy order with the target at the 8/8 level; the pair is expected to reach this level during the next several hours.
18.10.2013

Murray Math Lines 18.10.2013 (AUD/USD, NZD/JPY, SILVER)

Australian Dollar continues moving towards new maximums. After rebounding from the H4 Super Trend, the market reached the 7/8 level. During a local correction, I opened one more buy order with the target at the 8/8 level.
17.10.2013

Murray Math Lines 17.10.2013 (AUD/USD, GBP/CHF, SILVER)

At the H4 chart, the lines have squeezed. Australian Dollar rebounded from the Super Trend and right now is trying to enter an “overbought zone”. If later the pair breaks the +2/8 level, the lines at the chart will be redrawn.
16.10.2013

Murray Math Lines 16.10.2013 (AUD/USD, NZD/JPY, SILVER)

Australian Dollar reached a new maximum and right now is being corrected near the H4 Super Trend. If later the pair rebounds from it, the price will continue growing up towards the 8/8 level.
15.10.2013

Murray Math Lines 15.10.2013 (AUD/USD, NZD/JPY, SILVER)

Australian Dollar continues moving upwards. The pair broke the maximum and right now the next target is at the 8/8 level. I’ve moved the stops on my buy orders closer to the latest local minimum.
14.10.2013

Murray Math Lines 14.10.2013 (AUD/USD, EUR/GBP, SILVER)

The market was opened with a gap down this morning, but after that Australian Dollar rebounded from the H4 Super Trend. The bulls will beak the maximum in the nearest future; the target for this week is at the 8/8 level.
11.10.2013

Murray Math Lines 11.10.2013 (AUD/USD, GBP/CHF, SILVER)

Australian Dollar continues moving upwards; the pair managed to rebound from the H4 Super Trend. Most likely, the bulls will beak the maximum in the nearest future and continue pushing the price upwards to reach the 8/8 level.