Coming Week Majors Analysis

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

Hi Thanks For Ur For Your openion Actually It Means Nothing To Me At This Time , Although It It Quite Something Good.
I Am A Beginner And I Would Like U To Explain What The Down, And Raging Really Means,please Dont Be Offened If I Ask How Exatly U Were Able To Pridict The Comming Weeks Market.Is There A Site That Tell You All This Or Is There A Way To Figure It Out ?please Assist Me With This And I Will Be Very Greatfull.thank You.

Hi ogom,

Well down is wheh the pair goes down, up is up and ranging is when it doesn't move much (movement sizes are relative for different pairs) but rather goes a bit up and down. These are the 3 basic ways a market moves (forex or any other).

These predictions are MINE only, there are various sites online that have their own predictions and many people on this forum may have different opinions as well, take it as just another opinion (I'd be surprised myself if some week they ALL turn out correct or incorrect). And like I said, they're based on the charts (from my modest experience of reading them) and relative movement correletaions between pairs (for example, if I look at EUR/USD, USD/JPY and EUR/JPY then I know that they're related and there's correlation between their movements, also I know that E/U is the BIG pair with the most influence and then U/J and then E/J).