[Archive] FOREX - Trends, Forecasts and Consequences (Episode 8: October 2011) - page 68

 
 
7Konstantin7:


М1 - ? What are the implications, predictions? Are you with us or what? Are you with us or where?

 

There is a good chance of a rise to 1.3985 today

In case of a drop below 1.3890 in the next 2 hours, we may fall further down to 1.3840

1.383 is my support for the uptrend today, in case of a drop below 1.382 we may fall further down to 1.379

 
1.3950 not breaking through in any way.... but not falling below the trend line
 
Waiting
 
The maximum possible rise according to my modest and inexperienced forecast is 1.4124 on Thursday. But it is rather doubtful, tomorrow we wait for the news and clearly go beyond the ascending and narrowing corridor. Where to, that is the question.
 
Where is everyone?
 
yurchenko:
Where is everyone?
In the Bahamas)))
 
One of the triangles will converge tomorrow at 1.3980 and there could be a downward correction. But this is just speculation as long as there is no trade on the Euro/Dollar.
 
If we fall and lock below 1.3910, it looks like we'll go further down...