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.

10.10.2013

Murray Math Lines 10.10.2013 (AUD/USD, EUR/GBP, SILVER)

Australian Dollar is being corrected. If the pair rebounds from the H4 Super Trend, the market will start a new ascending movement. Later the price may break the maximum and reach the 8/8 level.
09.10.2013

Murray Math Lines 09.10.2013 (AUD/USD, GBP/CHF, SILVER)

Australian Dollar is still being corrected; the price is supported by the H4 Super Trend. If later the pair rebounds from it, the market will start a new ascending movement. In this case, the target will be at the 8/8 level.
08.10.2013

Murray Math Lines 08.10.2013 (AUD/USD, GBP/CHF, SILVER)

Australian Dollar is still consolidating; the price is supported by the H4 Super Trend. If later the pair rebounds from it, the market will start a new ascending movement towards the 8/8 level.
07.10.2013

Murray Math Lines 07.10.2013 (AUD/USD, NZD/JPY, SILVER)

A local correction is taking place. If later the price rebounds from the H4 Super Trend, the market will start a new ascending movement. The main target is still at the 8/8 level.
04.10.2013

Murray Math Lines 04.10.2013 (AUD/USD, GBP/CHF, SILVER)

Australian Dollar broke its local maximum and I moved the stops on my buy orders into the black. Later the price is expected to break the 6/8 level. The main target for the bulls is at the 8/8 level.
03.10.2013

Murray Math Lines 03.10.2013 (AUD/USD, NZD/JPY, SILVER)

Australian Dollar rebounded from the H4 Super Trend again; earlier the price rebounded from the 4/8 level. Most likely, during the next several days the pair will start a new ascending movement. The target for the bulls is at the 8/8 level.
02.10.2013

Murray Math Lines 02.10.2013 (AUD/USD, EUR/GBP, SILVER)

After making a fast ascending movement, Australian Dollar started quite a long correction. We can’t exclude a possibility that the market may try to test the daily Super Trend once again. if the price rebounds from it, the pair will start a new ascending movement.
01.10.2013

Murray Math Lines 01.10.2013 (AUD/USD, NZD/JPY, SILVER)

Australian Dollar rebounded from the 4/8 level and the daily Super Trend. The stop on my yesterday’s buy order is already in the black, and more to that, my pending order worked. The main target is still at the 8/8 level.