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

 
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 :))
[Deleted]  
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.

[Deleted]  
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...
[Deleted]  
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