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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; EUR/USD formed a clear double bottom after all. I think it will start rising again towards 1.1200....

          
   
  1. #311
    Senior Member mlawson71's Avatar
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    EUR/USD formed a clear double bottom after all. I think it will start rising again towards 1.1200.

  2. #312
    Senior Member mlawson71's Avatar
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    EUR/USD is still stuck at 1.1070, hopefully the fundamentals by the end of the week will end this consolidation.

  3. #313
    Senior Member mlawson71's Avatar
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    EUR/USD seems to be attempting to break out below the double bottom at 1.1050. If it does we will likely see it dropping below 1.1000.

  4. #314
    Senior Member mlawson71's Avatar
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    No EUR/USD breakout to the downside after all, but at least it finally bounced off from 1.1050 and it will likely keep rising next week.

  5. #315
    Senior Member mlawson71's Avatar
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    EUR/USD is testing the support at 1.1100 and I think we will likely see it continue moving to the downside.

  6. #316
    Senior Member mlawson71's Avatar
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    EUR/USD is moving south again, towards the old support at 1.1050, the sideways consolidation is clearly not over. ;(

  7. #317
    Senior Member mlawson71's Avatar
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    EUR/USD is testing the support at 1.1050 yet again, if we finally see a breakout it may depreciate below 1.1000.

  8. #318
    Senior Member mlawson71's Avatar
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    EUR/USD did break out below 1.1050, the move to the downside will likely continue.

  9. #319
    Senior Member mlawson71's Avatar
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    The move south continued until the market closed yesterday and I think next week EUR/USD will drop down to 1.0900.

  10. #320
    Senior Member mlawson71's Avatar
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    The move south continues and by the looks of it EUR/USD will keep depreciating below 1.0900 this week.

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