Thread: My forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD

Forecasts from 08.08.07


EURUSD



http://img211.imageshack.us/img211/3162/eurd1bq6.gif - daily

http://img237.imageshack.us/img237/9714/eurw1mz0.gif - weekly

http://img235.imageshack.us/img235/9689/eurmnfs1.gif - monthly



GBPUSD



http://img235.imageshack.us/img235/8765/gbpd1zc5.gif - daily

http://img235.imageshack.us/img235/8673/gbpw1xw5.gif - weekly



USDCHF



http://img120.imageshack.us/img120/2284/chfd1hu1.gif - daily

http://img232.imageshack.us/img232/4276/chfwxx9.gif - weekly



USDJPY



http://img120.imageshack.us/img120/2426/jpydlk8.gif - daily



USDCAD

http://img232.imageshack.us/img232/2131/cadhno8.gif

http://img120.imageshack.us/img120/1935/caddow5.gif - daily



GOLD

http://img120.imageshack.us/img120/4342/goldhve0.gif - h4

http://img232.imageshack.us/img232/3140/goldd1sb7.gif -daily

http://img120.imageshack.us/img120/1328/goldwxa7.gif -weekly



DOLLAR INDEX

http://img232.imageshack.us/img232/2332/dxyh4bt7.gif - h4

http://img232.imageshack.us/img232/2332/dxyh4bt7.gif - daily

http://img232.imageshack.us/img232/9847/dxyw1eb3.gif - weekly

good work, however there isn’t enough fundamental data to support these technical analysis.

That’s why I think it will take some time before we see the targets you have set

Piccasso

It is simply amazing how you got all those channels. Thank you for pointing out their existence.

Yano

PS.

Kindly check Daily chart for Dollar Index. The 4H chart was posted twice.

20.08.07


EURUSD


http://img63.imageshack.us/img63/2191/eurd1ks4.gif - d1

http://img167.imageshack.us/img167/196/eurw1mq1.gif - w1


GBPUSD


http://img167.imageshack.us/img167/7629/gbpd1gy5.gif - d1

http://img241.imageshack.us/img241/8210/gbpw1yq2.gif - w1


USDCHF


http://img241.imageshack.us/img241/7273/chfd1mk6.gif - d1

http://img219.imageshack.us/img219/6691/chfdw1xn1.gif - w1


USDJPY


http://img62.imageshack.us/img62/4402/jpyd1oc0.gif - d1

http://img219.imageshack.us/img219/9084/jpyw1gg7.gif - w1

http://img62.imageshack.us/img62/284/jpymnfd1.gif - mn


USDCAD
http://img62.imageshack.us/img62/106/cadh4cj4.gif

http://img62.imageshack.us/img62/1554/cadd1rp5.gif - d1

http://img219.imageshack.us/img219/2765/cadw1ql5.gif - w1

http://img219.imageshack.us/img219/5062/cadmnwg2.gif - mn


DOLLAR INDEX
http://img241.imageshack.us/img241/7334/dxyh4oc9.gif - h4

http://img165.imageshack.us/img165/4594/dxyd1gk8.gif - d1

http://img168.imageshack.us/img168/9334/dxyw1wh0.gif - w1


GOLD
http://img165.imageshack.us/img165/2269/goldh4qd2.gif - h4

http://img165.imageshack.us/img165/4207/goldd1ru5.gif - d1

http://img165.imageshack.us/img165/389/goldw1an4.gif - w1

GBP/USD down LOL it went up but......is it gonna go down again?
GDP in 2 hours is it gonna send it up or down?
Its going down a bit now but that don't mean anything for 2 hours time.

Forecast from 27.08.07



EURUSD
A pair broke through the top border of daily descending trend, that now opens a road for growth to the strategic aim 1.3856. A rally to this aim assumes a local aim 1.3765, and if it shows resistance, then support level will be found at 1.3673. From that level pair will go up to the strategic purpose 1.3856.

There is the second variant of events development as well:
There is a resistance level at 1.3700, if pair doesn’t pass through it, support level will be found at 1.3609. From that level events will develop on the first scenario.
Growth is also possible straight to 1.3856.
==================
Trade recommendation:
to buy at 1.3609 with target on 1.3856, if pair finds resistance on 1.3700;
to buy at 1.3673 with target on 1.3856, if pair finds resistance on 1.3765;
to buy at 1.3609 with target on 1.3856.








GBPUSD
A pair broke through the top border of daily descending trend, that now opens a road for growth to the strategic aim 2.0401. A rally to this aim assumes a local aim 2.0306, and if it shows resistance, then support level will be found at 2.0117. From that level pair will go up to the strategic purpose 2.0401.

There is the second variant of events development as well:
There is a resistance level at 2.0145, if pair doesn’t pass through it, support level will be found at 2.0029. From that level events will develop on the first scenario.
Growth is also possible straight to 2.0401.
==================
Trade recommendation:
to buy at 2.0029 with target on 2.0401, if pair finds resistance on 2.0145;
to buy at 2.0117 with target on 2.0401, if pair finds resistance on 2.0306.
to buy at 2.0029 with target on 2.0401.






USDCHF
http://img404.imageshack.us/img404/3269/chf2ow8.gif

http://img409.imageshack.us/img409/4189/chf1ye8.gif



USDJPY
http://img409.imageshack.us/img409/1500/jpy2qr4.gif

http://img402.imageshack.us/img402/6254/jpy1ve1.gif



GOLD
http://img409.imageshack.us/img409/9783/goldgq3.gif



Dollar index
http://img409.imageshack.us/img409/5445/dxy2kq0.gif

http://img59.imageshack.us/img59/8388/dxy1dx6.gif

I agree with MiniMe. The fundamentals don't yet support this.

EURUSD

Trade signals:
Sell 1.3586, stop 1.3627, target 1.3475.







GBPUSD

Trade signals:
Sell 2.0131, stop 2.0205, target 2.0020






USDCHF
http://img64.imageshack.us/img64/7886/chfh4ek1.gif - H4

http://img64.imageshack.us/img64/1359/chfd1er2.gif - D1




DXY
http://img64.imageshack.us/img64/5770/dxyh4ev0.gif - H4

http://img64.imageshack.us/img64/7585/dxyd1be3.gif - D1




USDJPY and GOLD – look at previous forecasts

25.11.07


EURUSD
Trade recomendations:
sell 1.4863, take profit 1.4630, stop loss 1.4930


http://img160.imageshack.us/img160/4220/eurd1xt6.gif - daily



GBPUSD
Trade recomendations:
sell 2.0635, take profit 2.0425, stop loss 2.0760


http://img222.imageshack.us/img222/725/gbpd1bd5.gif - daily



USDJPY
Trade recomendations:
buy 108.80, take profit 110.05, stop loss 108.15


http://img229.imageshack.us/img229/2962/jpyd1hz0.gif - daily



GOLD
Trade recommendations:
sell 827.27 - 828.98, take profit 785.50, stop loss 835.


http://img219.imageshack.us/img219/9201/goldd1md5.gif - daily

Temporary consolidation


Dollar pairs slowed down their movement after starting to grow rapidly, but the trade goes on and it’s necessary to determine the trading range which is now offered by dollar. To determine also if the movement towards dollar’s growth will continue or the correction will start, and the depth of correction.


Dollar index
On the day’s graph the index has broken a descending green trend and the upper range of “double top” shape, what gives dollar a potential for further growth if the index remains above trends. Targets for further growth are high, and the correction may elongate up to level of 75.69.

Correction range determination using index let us trade in favour of dollar’s price reduction in following pairs:



GBPUSD
On a 4-hours graph the side trend continues. On an hour graph the side trend has also formed.


No rading recommendations:




EURUSD
The pair is set against an ascending green trend from the daily graph (see daily graphs in previous forecasts). When bounced of it, the pair formed a potential of growth to 1.4750, from where I expect further reducing as low as to 1.4200.
Of course, breaking of green trend from current levels is also possible.


Trading recommendations:
buy by market situation, but not higher than 1.4770 with a stop 1.4615 and a target 1.4750



USDJPY
I expect forming a “head & shoulders” shape on a daily graph with right shoulder’s end at price about 109.35. Forming of this shape is contributed by inability of rapid breaking of descending daily trend, and the divergence on a daily graph.


On a 4-hours graph the pair formed a “double top” shape with a target 109.35.
http://img225.imageshack.us/img225/7959/jpyh4ax2.gif - H4

Trading recommendations:
Sell at 110.15, target 109.35, stop 110.60
Buy 110.60, target 113.48, stop 110.15


GOLD
At Í4 Gold is in the side trend, having broken this trend it has a chance of growth to 807.00. I keep myself from trading for the time being.