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.

09.11.2012

Murray Math Lines 09.11.2012 (EUR/GBP, EUR/JPY, USD/CAD)

The EUR/GBP currency pair is still being corrected, the bears are supported by the Super Trends’ lines. Most likely, the price will continue moving downwards in the nearest future. The target for the next several days is still at the 0/8 level.
08.11.2012

Murray Math Lines 08.11.2012 (EUR/GBP, EUR/JPY, USD/CHF)

A local correction is taking place, so I’ve decided to open one more sell order. Most likely, the price will start moving downwards during the day. The target for the bears is still at the 0/8 level.
07.11.2012

Murray Math Lines 07.11.2012 (EUR/GBP, GBP/CHF, NZD/JPY)

The bears are supported by the 3/8 level and the H4 Super Trend’s line. If the market rebounds from the current levels, the price will continue falling down. The short-term target is at the 0/8 level.
06.11.2012

Murray Math Lines 06.11.2012 (AUD/JPY, GBP/CHF, SILVER)

Yesterday the pair rebounded from the H4 Super Trend’s line and now the bulls have a good opportunity to start pushing the price upwards. The target for the next several days is at the 8/8 level. The stop on my buy order has been already moved into the black.
05.11.2012

Murray Math Lines 05.11.2012 (EUR/JPY, EUR/GBP, SILVER)

The EUR/JPY currency pair has been moving between the 5/8 and 3/8 level over the last several days. The bears are trying to start a descending trend once again. If they are able to keep the price below the 3/8 level, the market will continue falling down towards the 0/8 one.
02.11.2012

Murray Math Lines 02.11.2012 (AUD/JPY, NZD/JPY, SILVER)

The AUD/JPY currency pair is moving above the 5/8 level and may continue growing up towards the 8/8 one. The bulls are supported by the Super Trends’ lines. The buyers may reach a new local maximum during Friday.
01.11.2012

Murray Math Lines 01.11.2012 (AUD/JPY, USD/CAD, USD/CHF)

The AUD/JPY currency pair is still moving above the 5/8 level, the bulls are supported by the Super Trends’ lines. The price may continue moving upwards in the nearest future. The short-term target is at the 8/8 level.
31.10.2012

Murray Math Lines 31.10.2012 (EUR/JPY, AUD/JPY, SILVER)

The EUR/JPY currency pair is moving in the middle of the H4 chart. Yesterday the price rebounded from the daily Super Trend’s line and the 3/8 level. Now the bulls have to keep the price above the 5/8 level. If they succeed, the pair will continue growing up towards the 8/8 one.