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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; EUR/USD is stuck around 1.1250 and formed a shooting star candlestick on the daily time-frame around that level, maybe we ...

          
   
  1. #281
    Senior Member mlawson71's Avatar
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    EUR/USD is stuck around 1.1250 and formed a shooting star candlestick on the daily time-frame around that level, maybe we will see another move south as a part of the consolidation.

  2. #282
    Senior Member mlawson71's Avatar
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    This is the problem with sideways consolidations, signals in the middle of it often prove false. The EUR/USD move up clearly continues.

  3. #283
    Senior Member mlawson71's Avatar
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    USD/CAD found some support at 1.3020 and is currently moving to the upside in a correction. I think it may reach 1.3100.

  4. #284
    Senior Member mlawson71's Avatar
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    EUR/USD rebounded from 1.1200 yet again after it formed an inverted hammer candlestick on the four-hour time-frame around that level. It'll probably rally back to 1.1250.

  5. #285
    Senior Member mlawson71's Avatar
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    EUR/USD is forming something of a correction after it dropped to 1.1200, I think after that it may retest that level.

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