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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; GBP/USD remain quite bearish and the move to the downside continues. I think the pair will probably break out below ...

          
   
  1. #221
    Senior Member mlawson71's Avatar
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    GBP/USD remain quite bearish and the move to the downside continues. I think the pair will probably break out below 1.2900 and continue falling.

  2. #222
    Senior Member mlawson71's Avatar
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    GBP/JPY is at 145.30 and remains quite bullish. I think there will be a breakout above that level and we'll see it rally towards 146.00.

  3. #223
    Senior Member mlawson71's Avatar
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    AUD/USD is still depreciating and it is at 0.7000, I think the move south will continue for now and there will be a breakout below 0.7000.

  4. #224
    Senior Member mlawson71's Avatar
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    GBP/USD is very bullish. It has already broken out above 1.3100 and it is still rallying, so I think it may reach 1.3200 before the end of the trading week.

  5. #225
    Senior Member mlawson71's Avatar
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    GBP/JPY is also quite bullish and it will likely continue rallying next week. I expect a movement towards the target at around 147.00.

  6. #226
    Senior Member mlawson71's Avatar
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    GBP/USD pulled back from 1.3180 and is currently depreciating towards 1.3080. I think it may even drop to 1.3050 before it begins rallying again.

  7. #227
    Senior Member mlawson71's Avatar
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    AUD/USD is bearish and it is at 0.7000. I think we will see it continuing to depreciate towards 0.6900 over the next few days.

  8. #228
    Senior Member mlawson71's Avatar
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    USD/JPY remains very bearish and it broke out below 110.00. Considering the situation I think it will likely continue depreciating towards 109.00.

  9. #229
    Senior Member mlawson71's Avatar
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    The pair did reach 109.00 and it is still quite bearish. I think it will continue depreciating below that support level too.

  10. #230
    Senior Member mlawson71's Avatar
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    EUR/USD is depreciating and it is testing the support at 1.1215. I think we will see the pair continue to move to the downside below 1.1200.

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