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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; Austria...

      
   
  1. #431
    Senior Member mlawson71's Avatar
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    Forecasting-hallstatt-village-austria-wallpaper-high-resolution-wallpaper-desktop-background.jpg
    Austria

  2. #432
    Senior Member mlawson71's Avatar
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    EUR/USD is still testing the support at 1.1090 - 1.1080 but I think it will keep depreciating later this week.

  3. #433
    Senior Member mlawson71's Avatar
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    EUR/USD found some support at 1.1075 but it's unclear for now whether it will bounce off from it.

  4. #434
    Senior Member mlawson71's Avatar
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    EUR/USD has formed a hammer candlestick at the support at 1.1075 - 1.1080. It is quite likely that it will, indeed, bounce off from it.

  5. #435
    Senior Member mlawson71's Avatar
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    EUR/USD also formed an inverted hammer at 1.1080, so even if the move north does not begin this week there will most likely be one next week.

  6. #436
    Senior Member mlawson71's Avatar
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    USD/CAD reached 1.3170 and formed a rather impressive shooting star candlestick there on the daily time-frame, let's see whether that will be the end of the current rally.

  7. #437
    Senior Member mlawson71's Avatar
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    EUR/USD could not break out below 1.1000 this week but considering how bearish the pair is that may still happen once the market opens on Monday.

  8. #438
    Senior Member mlawson71's Avatar
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    The move north continues despite the shooting star candlestick at 1.3125, by the looks of it USD/CAD will soon reach 1.3200.

  9. #439
    Senior Member mlawson71's Avatar
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    EUR/USD dropped to 1.1000 as I thought it would, I think it will break out below that level and continue depreciating toward 1.0980.

  10. #440
    Senior Member mlawson71's Avatar
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    EUR/USD remains at 1.1000 and I think we will soon see a breakout below that level.

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