EURUSD - Trends, Forecasts and Implications (Part 1) - page 2084

New comment
 
GBPCAD is moving down as I thought in the morning, it has at least another 150 pips to go there.
I think it makes sense to buy the Yen, it is again at the bottom of its channel, I can't imagine what cholera will push it up...
 
Joker писал(а) >>

I don't do drafting, I work with probability models, so that's the answer I got.

According to my current readings, the correction to 1.37 is probable.

Up has a probability of 18.3536585%.

Downwards respectively 81.643415%.

Is that clearer?



It's all very accurate now. Thanks :)

On the contrary, I don't do probabilism, I do drafting. Although I understand the 81.64 to 18.36 model very well :))
 
Trading CentralPivot: 1.325

Our preference: Short positions below 1.325 with targets @ 1.3145 & 1.309 in extension.

Alternative scenario: Above 1.325 look for further upside with 1.33 & 1.3345 as targets.

Comment: the pair remains under pressure and should face a further weakness as the RSI is badly directed.

Key levels

1.3345

1.33

1.325

1.3184 last

1.3145

1.309

1.306
 
Joker >>:

Я чертежничеством не занимаюсь, а работаю с вероятностными моделями, посему такой ответ и получили.

По моим текущим - вероятна коррекция до 1.37

Вероятность "Вверх" - 18,3536585%

Вниз соответственно - 81,643415%

Так понятнее?

If we break 1.31... Your percentages are almost unchanged so you can't do without drafting. My opinion.

 
So far, this is what has come out.

 
Option from Trading Central http://www.forexyard.com/analyzer/en/technical-analysis/EUR-USD-intraday-under-pressure-23085.html?iframe=0
 

Tue 04.05

- Strong impact
- Medium impact
- Weak impact


Time Country Macroeconomic indicators Period Fact Forecast Previous Impact
08:30 Australia Reserve Bank of Australia interest rate decision 4,50% 4,25%
10:00 Germany Retail sales April 0.0% m/m 1.1% m/m
12:30 UK Industrial purchasing managers' index April 57,5 57,2
12:30 UK Private lending volume March 2.0 bn m/m 2.1bn m/m
12:30 UK Mortgage applications approved March 50K 52K
13:00 Eurozone Producer price index March 0.9% m/m 0.1% m/m
18:00 USA Secondary market home sales March 3.3% m/m 8.2% m/m
18:00 US Factory orders March 0.1% m/m 0.1% m/m

 
A triangle is forming here, GB news at 12.30am tomorrow, maybe it will break on the news...


08:30 Australia Reserve Bank of Australia interest rate decision

4,50% 4,25%
If the forecast is correct, then GBPAUD will also have a triangle and will also move down...
 
whiteeuro >>:

Thank you so much for Nili !

 
OlegTs писал(а) >>
A triangle is forming here, tomorrow at 12.30am GB news, maybe it will break on the news...


08:30 Australia Reserve Bank of Australia interest rate decision

4,50% 4,25%
If the forecast is confirmed, then GBPAUD also has a triangle and also moves down...

Forecast confirmed

2010.05.04 06:31:09 *The Reserve Bank of Australia raised its key interest rate by 25 basis points to 4.5%
 2010.05.04 06:32:45 *RBA: We'll pursue a policy that will achieve the inflation target
2010.05.04 06:33:07 *RBA: Rates for most borrowers will be around the average level after today
2010.05.04 06:34:14 *RBA: Inflation slowdown may not meet expectations
2010.05.04 06:36:39 *RBA: House prices keep on rising
2010.05.04 06:35:23 *RBA: Corporate deleveraging is becoming more moderate
2010.05.04 06:38:13 *Australian dollar/US dollar pair trades down 0.10 cents, at 0.9238, after RBA meeting
1...207720782079208020812082208320842085208620872088208920902091...2305
New comment
Reason: