EURUSD OUTLOOK FOR THE WEEK OF APRIL 25-29, 2011

EURUSD’s reached 1.4647 last week, a few pips above our  1.4613 target.  EURUSD’s  broad outlook remains bid as the rise from the 2011 low of 1.2873 remains active with further rise to follow next targeting 1.5151. However, while last weeks high of 1.4647 holds,  look for a  daily open and close below 1.3969 to complete […]
  • Posted by adminfx
  • On April 24, 2011
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EURUSD Outlook for the Week of April 18-22, 2011

EURUSD’s broad outlook remains bid as the rise from 1.2873 continues to unfold with 1.4613,  1.4818,  1.4985 and 1.5151 as the upside targets into the weeks ahead.  As to the downside,   a daily open and close below 1.3890 will complete the rise from 1.2873  and suggest further price consolidation before another attempt to the upside.  ONLY below 1.3696 […]
  • Posted by adminfx
  • On April 17, 2011
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EURUSD Outlook for the Week of April 11-15th, 2011

EURUSD’S broad outlook remains bid as the rise from the January 10, 2011 low of 1.2873 remains active with upside targets of 1.4613, 1.4818, 1.4985 and 1.5151 into the weeks ahead. As to the downside, only a daily open and close below 1.3870 will complete the rise from 1.2873 while last Friday’s high of 1.4468 […]
  • Posted by adminfx
  • On April 10, 2011
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EURUSD Outlook for the Week of March 27-April 1, 2011

EURUSD’s hourly rise from the March 16, 2011 low of 1.3868 is complete at the March 22, 2011 high of 1.4248 as prices have sustained below 1.4102 with further downside risk likely to follow targeting 1.4012 while 1.4120-1.4140 caps.  As to the medium term rise from the February 14, 2011 low of 1.3427, this wave […]
  • Posted by adminfx
  • On March 27, 2011
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For the Week of March 20-25, 2011

EURUSD’s broad outlook remains bid as the rise from the January 10, 2011 low of 1.2873 continues to unfold targeting 1.4281, 1.4613, 1.4819, 1.4985 and 1.5151 into the months ahead. As to the downside, ONLY a daily open and close below 1.3683 will complete the rise from 1.2873 while the March 18, 2011 high of […]
  • Posted by adminfx
  • On March 20, 2011
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Week of February 13-18, 2011

EURUSD outlook for the week ahead remains bid as the rise from the January 10, 2011 low of 1.2873 remains active as ONLY a daily open and close below 1.3483 will complete the rise while the February 2, 2011 high of 1.3860 holds.  A daily open and close below 1.3483 will favor further downside extension […]
  • Posted by adminfx
  • On February 13, 2011
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Week of February 6-11, 2011

EURUSD broad outlook remains in a bullish declining wedge formation as identified on the monthly chart with the February upside trendline resistance at 1.4478 while the downside trendline support coming in at 1.1655.  Additionally, the fall from the November 2009 high of 1,5143 which is complete at the 2010 low of 1.1876 remains in a broad 1.3124-1.3895 […]
  • Posted by adminfx
  • On February 6, 2011
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Forecast for 2011 , EURUSD, GBPUSD, Spot Gold

EURUSD’S medium term rise from the September 10, 2010 low of 1.2643 is complete at the November 2010 high of 1.4281 as prices have extended lower in recent weeks reaching 1.2968 on November 30, 2010. This fall from 1.4281 remains active until daily prices  open and close above 1.3468, as this will favor further rise targeting 1.3787.  However, until prices close above 1.3468, look for further […]
  • Posted by adminfx
  • On January 3, 2011
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Week of November 22-26, 2010

EURUSD’s rise from the September 10th low of 1.2643 is complete at the November 4th high of 1.4281 as prices have now moved within 1.3268-1.3655 consolidation zone of the 1.2643-1.4281 rise.  A daily open and close outside the above mentioned zone will favor further price extension in the direction of the break with 1.3131, 1.2950 […]
  • Posted by adminfx
  • On November 22, 2010
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Week of September 26-October 1, 2010

EURUSD’s fall from the November 2009 high of 1.5143 will be complete with a weekly open and higher close above 1.3124, as price will then move within a 1.3124-1.3895 zone before another attempt to the downside. Once prices have moved within the above sited zone, a sustained break of this zone will favor further price extension […]
  • Posted by adminfx
  • On September 26, 2010
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