Forecast

Moderators: xard777, mrtools, Banzai



Re: Forecast

#54
navid110 wrote:
Sat Dec 30, 2017 10:34 am
TimmyHanke wrote:
Sat Dec 30, 2017 9:52 am


Most probably ? its only a 10 pip difference from were its now.
rather 100 pips dude
I totally miss read dude , you know humans have a tendention to do that dude?

I would guess a large drawdown, For every action there is an equal and an opposite reaction, the action is now , dosnt matter if it touches the 1.20 mark or not .The market is in a huge range and the highest high is at 1.2


Re: Forecast

#56
03.01.18
EUR
We have 1.2064 resistance and the breakdown will serve as a parse triangle, the breakout of which will lead to the renewal of 1.2094 and 1.2123. Closely at 1.2064 as a failed consolidation and repayment under this level could lead to the sale of the Euro after shopping in the end of the year on a low volume of trading today we have the fed minutes from December meeting. If you rely on correction, the district 1.2029 and 1.2001. Shopping on rebound from 1.1980 and 1.1956.
GBP
Have a pound of sales is 1.3614, but only on a false breakout, or rebound from 1.3648. It is unclear how the market will behave after the new year and whether this rising trend is real with the big players. Shopping on rebound from 1.3581, but if rapid growth is not, then it is better to postpone to 1.3543. If we leave at 1.3614 and sales is not there, then look long with the aim of 1.3648.

Re: Forecast

#57
The US Non-Farm payrolls are this Friday, I think both pairs may be range-bound until then.

Re: Forecast

#58
04.01.18
EUR

There are two important levels:
1.2035 — if exit above, then growth can the Euro continue to 1.2076 and there on a break above 1.2123 and 1.2164. Purchase also in case of a false breakdown 1.2004.
1.2004 — if you go below and fix it, can put pressure on the Euro and will obvalimsya below to 1.1947 and 1.1909, where to buy on the rebound. A false breakout and return under 1.2035, the sales with the aim of 1.1947.
GBP
A break above 1.3532 — buy with a target 1.3565, where they sell for a rebound. A false breakout 1.3532 — sale 1.3505, and after fixing below this level, add more in short in based on 1.3479 and 1.3452, where to buy immediately on the rebound.
Attention to PMI in the service sector, as it can depend on all movement on the pound today.

Re: Forecast

#59
EUR/USD is currently testing 1.2080 - 1.2090 again, time will tell whether it will break out above that zone.

Re: Forecast

#60
05.01.18
EUR
Today, CPI in the Euro area and from them can be something to think about.
A break above 1.2028 — buy for 1.2123 and 1.2164. If the data is worse than expected, the return floor 1.2082 and the break below 1.2060 would lead to sales in the district 1.2022 and 1.1982, where to buy immediately on the rebound.
If growth continues, sales only on the background of good data on the labor market in the United States from 1.2123 or higher, in the area of 1.2164.
GBP
Here is in my opinion still very unclear. Look at the sales only after the false breakdown at 1.3590, or to rebound from 1.3614. The fix below 1.3553 — sales to 1.3514.
Purchase only on a false breakout from 1.3553, or after the break above 1.3590 in the calculation of the weak US data and the output of the above 1.3614, and there 1.3648.