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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 pair of hammer candlesticks at 1.0925 on the four-hour time-frame, which were a clear sign for a ...

          
   
  1. #321
    Senior Member mlawson71's Avatar
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    EUR/USD formed a pair of hammer candlesticks at 1.0925 on the four-hour time-frame, which were a clear sign for a reversal. Next target is likely at 1.1000 again.

  2. #322
    Senior Member mlawson71's Avatar
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    The move north is clearly continuing and I think we will see EUR/USD rallying above 1.1050.

  3. #323
    Senior Member mlawson71's Avatar
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    EUR/USD rallied above 1.1050 and reached the resistance at 1.1085, let's see whether it will break out above it too.

  4. #324
    Senior Member mlawson71's Avatar
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    EUR/USD formed a spinning top below 1.1085 but that does not necessarily mean a reversal. The move to the upside may still continue.

  5. #325
    Senior Member mlawson71's Avatar
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    EUR/USD closed at 1.1025 below the spinning top, but the move north may still continue next week.

  6. #326
    Senior Member mlawson71's Avatar
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    Sideways consolidation continues for now. It looks like it will be another slow Monday for EUR/USD.

  7. #327
    Senior Member mlawson71's Avatar
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    EUR/USD forming multiple spinning top and shooting star candlesticks around 1.1085 on the daily time-frame, the move south may continue after all.

  8. #328
    Senior Member mlawson71's Avatar
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    EUR/USD began depreciating as I thought it may, but it's yet to break out below the last low at 1.0925. Let's see whether it will do that or form a double bottom.

  9. #329
    Senior Member mlawson71's Avatar
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    EUR/USD formed a double bottom after all, at 1.0925. There will likely be a new move north.

  10. #330
    Senior Member mlawson71's Avatar
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    EUR/USD found some resistance at 1.1110 but I think next week the pair will likely continue moving north.

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