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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; USD/JPY has formed several shooting star candlesticks at 112.00 on the four-hour time-frame but the pair is still testing that ...

          
   
  1. #211
    Senior Member mlawson71's Avatar
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    USD/JPY has formed several shooting star candlesticks at 112.00 on the four-hour time-frame but the pair is still testing that resistance level. A breakout above it will likely lead to a rally towards 113.00.

  2. #212
    Senior Member mlawson71's Avatar
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    AUD/CAD is testing the resistance at 0.9600 and it is quite bullish so it will likely break out above that level. Next target is around 0.9660, I think.

  3. #213
    Senior Member mlawson71's Avatar
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    AUD/USD found some resistance at 0.7200 but I think it will probably continue moving north and break out above that resistance. Next target may be around 0.7300.

  4. #214
    Senior Member mlawson71's Avatar
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    AUD/USD is testing the support at 0.7150 and I think it will continue moving to the downside. Next target is around 0.7100, I think.

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