Hi people,
I'd like to start a thread where we'll post predictions for the coming week on the major pairs. I'll post my own predictions as well. My analysis is based on the charts and the logical relations between the pairs (that need to be maintained thus producing some correlation between the movements) but of course all type of analysis and logical reasons are welcome. Also, I only try to predict the one major move of the first few days and not secondary smaller movements (or possible different later moves towards the end of the week). Please remember that every analysis is just another subjective opinion and prediction - not a trading recommendation.
This is for next week (31/03/08 - 4/04/08):
EUR/USD: DOWN
USD/JPY: DOWN
EUR/JPY: DOWN
GBP/USD: RANGING
EUR/GBP: DOWN
GBP/JPY: DOWN or RANGING
EUR/CHF: DOWN
USD/CHF: RANGING
GBP/CHF: RANGING
CHF/JPY: DOWN
Have a great weekend all
I'd like to start a thread where we'll post predictions for the coming week on the major pairs. I'll post my own predictions as well. My analysis is based on the charts and the logical relations between the pairs (that need to be maintained thus producing some correlation between the movements) but of course all type of analysis and logical reasons are welcome. Also, I only try to predict the one major move of the first few days and not secondary smaller movements (or possible different later moves towards the end of the week). Please remember that every analysis is just another subjective opinion and prediction - not a trading recommendation.
This is for next week (31/03/08 - 4/04/08):
EUR/USD: DOWN
USD/JPY: DOWN
EUR/JPY: DOWN
GBP/USD: RANGING
EUR/GBP: DOWN
GBP/JPY: DOWN or RANGING
EUR/CHF: DOWN
USD/CHF: RANGING
GBP/CHF: RANGING
CHF/JPY: DOWN
Have a great weekend all
On the path to Enrichment.