Re: Forecast

251
Forecast for the European session on May 10
EUR

We got out above 1.1214 and the growth may be preserved, but this requires rotten data on inflation in the United States. I think in the first half of the day there will be a struggle for 1.1214, so purchases there on a false breakdown or already again on a rebound from 1.1170.
Sales only after unsuccessful fixation on 1.1260 or rebound from 1.1282. A return below 1.1214 will also push the euro down to 1.1170 and 1.1138, but this requires good inflation data.
GBP
Yesterday's divergence was won back by buyers, and what to do next is not very clear. Today, GDP data is important. Therefore, consolidation above 1.3019 - purchases to 1.3074 and 1.3125, where I sell for a rebound.
If the data is weak and false breakdown at 1.3019, then I sell for the purpose of 1.2971 and 1.2933, where I will look at the first purchases.
CAD
Important data for Canada today. Sales after an unsuccessful return on 1.3504, and preferably higher to rebound from 1.3531 and 1.3576. If the data is good for Canada, the pair can move below 1.3459, where sales are with targets at 1.3420 and 1.3385.
GOLD
It's all very muddy. Sales only after the update 1290.50, and purchases on return to 1279 and all with false breakdowns. On a rebound purchase from 1272.60.
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Re: Forecast

252
Forecast for the European session on May 13
EUR

Empty day. I believe in the growth of the euro, but you need to go to 1.1241 with the aim of 1.1270 and 1.1299.
If support is at 1.1210, there are purchases on a false breakdown or rebound from 1.1176. Below these levels, bulls will run from the market.
If the false breakout is at 1.1241 and returns, then it will be pushed quickly to 1.1210 and 1.1176. Or sales only rebound from 1.1270.
GBP
Chance to continue falling is great. Therefore, the false breakdown at 1.3037 or return under 1.2993 is a sale with the target of 1.2953 and .12905, where I will see the purchases.
If they make a false breakout at 1.2993 immediately in the first half of the day, this will be a signal to buy, as the bulls will fight for 1.3037.
CAD
Sales after a false breakdown from 1.3459, and if there is no quick downward movement, then a rebound from 1.3504. The goal will be a return under 1.3420 and update 1.3385, from where I will buy for a rebound.
GOLD
Purchases only after a false breakdown at 1282.50, which is very thin, or a rebound from 1277.80. Fixing above 1287.70 should increase the demand for gold with the target of 1297. I don’t see any reasons for sales.

Re: Forecast

253
Forecast for the European session on May 14
EUR

An attempt to grow the euro was, but unfortunately a larger upward trend was not formed. Today I will look at sales after returning to 1.1251 on a false breakdown, or to a rebound from 1.1275. The goal will be 1.1219 and consolidation below with a fall in the area 1.1188, where I buy for a rebound.
GBP
Sales after correction to 1.2990. But they can drive on updating a minimum below 1.2943 and make a divergence. In this scenario, the purchase with the goal of 1.2990. If, at 1.2943, there is no one from buyers, then it is easy to drop the pound to the area of ​​1.2905 and 1.2866, where I buy it for a rebound.
CAD
Shopping on a false breakdown from 1.3459, or rebound from 1.3420. The target will be 1.3504 with update 1.3531, where I sell for a rebound. Sales from 1.3504 only on a false breakdown.
GOLD
Shopping for gold further. After correction from 1295, and better to rebound from 1289.30. Break 1302.54 and let's go to 1209.60, where I sell for a rebound
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Re: Forecast

255
Forecast for the European session on May 15
EUR

GDP data may put pressure on the euro. If the report is weak, I look at a false breakdown around 1.1220 and sell it further with the goal of 1.1188 and 1.1166, where I buy for a rebound.
If we exit above 1.1220, then sales will only rebound from 1.1251. The market is very thin, and so far there is no particular interest in movement. As for purchases, then on 1.1220 I will not climb, better below 1.1188 or 1.1166.
GBP
The divergence worked, but the buyers did not find further support. Today there are 1.2930. If the false breakdown will be sold further to the area of ​​1.2877 and 1.2812, where there are purchases for rebound. If we go back to 1.2930, then maybe closer to the second half of the day, there I will look at the longs with the target of 1.2983, where I sell for a rebound inside the day.
CAD
Today there is a lot of data on Canada, so nothing will change until they are released. Return under 1.3459 will hit in the footsteps and will lead to the area of ​​1.3420 and 1.3385, where I will see purchases for a rebound. If there is a false breakdown and bad data for Canada, then I will look at purchases in the area of ​​1.3504 and 1.3531, where profit taking and sales are fixed.
GOLD
A correction is underway, and I don’t think that the upward trend is over. Purchases after the test 1290.70, or a break above 1297.30 with access to 1304.90 and 1309.60. I will not sell gold yet.


Re: Forecast

257
Forecast for the European session on May 16
EUR

All emphasis today will be at 1.1215. Fixing above - purchases to 1.1242 and 1.1275, where I sell for a rebound. If there is a false breakdown, then I sell after returning under 1.1215 with the target of 1.1183 and there I wait for a decline to 1.1155, where I buy for a rebound. Shopping around 1.1183 only after updating the minimum of yesterday with the formation of a false breakdown.
GBP
Purchases only on a rebound from 1.2812 under the condition of divergence on the MACD, or on a rebound from 1.2769. New sales after the update 1.2877 with the target of 1.2812, or to rebound from 1.2930.
CAD
Purchases after a decline in the 1.3420 area, or to rebound from 1.3385. If we fix above 1.3453, then we can return to 1.3491, where I sell for a rebound. Unsuccessful consolidation above 1.3452 - sales in the area of ​​1.3420 and 1.3385.
GOLD
Gold on the continuation of the growth of a strong. Shopping for continued growth from 1292.70, or after fixing above 1299.40 with the goal of 1307 and 1316, where I’ll just think about sales.

Re: Forecast

258
Forecast for the European session on May 17
EUR

Shopping around 1.1155 in case of divergence on MACD in order to return to 1.1181 and update 1.1205.
If the false breakdown and return under 1.1181 on weak inflation, then you can look further sales to 1.1155 and 1.1138, where I buy for a rebound.
GBP
For a pound, I think it is time to make a bottom and a good bounce up. I’m looking further into divergence from 1.2769 or rebound from 1.2723. The goal will be a return to 1.2805 and can quickly pull to 1.2858, where I sell for a rebound.
Also, sales by trend if above 1.2805 are not allowed and will make a false breakdown.
CAD
Sales after update 1.3495 on a false breakdown, or to rebound from 1.3531. As for purchases, it is only on a false breakdown from 1.3453, or on a rebound from 1.3415.
GOLD
Sales after correction to 1291.46, or after returning under 1284.75 in order to update 1277.70, where I buy for a rebound.
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Re: Forecast

260
Forecast for the European session on May 20
EUR

The euro is a muddy situation. I will sell only after the correction from 1.1180 on a false breakdown or on a rebound from 1.1205. Purchases below 1.1138 or rebound from 1.1112. The goal is the middle of which is currently trading 1.1155.
GBP
It's all bad. May said on Friday that negotiations with the Labor Party had failed. A break below 1.2723 is a sale at 1.2672 and 1.2614, where there is a rebound purchase with a target of 20-30 points. It is best to sell for a correction from 1.2766, or for a rebound from 1.2813.
CAD
Purchases only after correction to 1.3399, but sales can be seen after a failed consolidation above 1.3455, or a rebound from 1.3495.
GOLD
So far we are below 1277.70 - sales with the target of 1268.60 and 1259.20. If we return to 1277.74, then sales to rebound from 1284.75. Shopping downstairs only from 1268.60.
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