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Articles by The Geek

July 25th, 2016 @ 2:20 pm by The Geek

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Good day forex traders.

Welcome to our weekly forecast of the popular currency pair. We have come a long way now, writing since 2008. Thank you for the support.

In recent weeks we have seen limited movement for the EUR/USD. Risk appetites alternate creating a ding dong environment. Many traders who do not seek to understand sentiments are caught unprepared.

Looking at the EUR/USD weekly chart above, we note that the currency pair had a bearish week. The bollinger bands remain useful as indicators of possible support and resistance. 1.0900 is likely the immediate support while 1.1180 may function as a bullish target.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full review.

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March 20th, 2016 @ 4:38 pm by The Geek

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Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.
Good day forex traders.

In the previous AUD/USD forecast we noted that the currency pair was bullish. It remained above the upper bollinger band. We might see a test of the 0.76 resistance in the upcoming week.

In the previous EUR/USD forecast we noted that bullish momentum might test 1.12 again before targeting the upper bollinger band. The middle bollinger band would be a likely support for any bearish return.

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Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair is bullish for the week. It tested 0.76 as expected.

The currency pair has not established a new range. If it remains engaged above 0.76, we may see it easing into the 0.76 to 0.785 channel.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the AUD/USD EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

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March 13th, 2016 @ 5:58 pm by The Geek

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Good day forex traders.

In the previous review we noted that the AUD/USD had a strong bullish momentum. It broke through the bollinger bands and might target the 0.76 resistance.

In the previous EUR/USD forecast we noted that from a technical point of view, the bollinger bands remained as good technical indicators of support and resistance levels. A clean break from 1.1 was needed before any further bullish momentum could be expected. The immediate resistance was likely to be 1.113 followed by 1.12. The extended bullish target would be the upper bollinger band.

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Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair continued the bullish momentum for the week. It remained above the upper bollinger band thus indicating a strong momentum.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the AUD/USD EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

Click here to read the full article.

March 6th, 2016 @ 2:11 pm by The Geek

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Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.
Good day forex traders.

In the previous EUR/USD forecast we noted that the bulls eased off for the week. The range was limited from a technical point of view.

The upper bollinger band was turning out to be a strong resistance. This remained as our extended bullish target. The immediate resistance was likely to be the former support of 1.12. A continuation of the bearish momentum would likely see 1.1 as the next extended target. This is also the region of the middle bollinger band. From a long term point of view, the EUR/USD remains bounded in a wide channel with no sides of the market gaining a foot hold.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bullish for the week. It was capped by the middle bollinger band after having dipped below it in the week before.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

Click here to read the full article.

March 5th, 2016 @ 2:07 pm by The Geek

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Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.
Good day forex traders.

In the previous AUD/USD forecast we noted that the currency pair was bullish for the week. As far as a bullish trend was concerned, the bollinger bands serving as resistances had to come down first. In the immediate region was the middle bollinger band.

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Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair had a strong bullish momentum. Both the middle and upper bollinger band were breached.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the AUD/USD Forecast Weekly Review to understand more about the underlying market sentiments.

Click here to read the full article.

February 21st, 2016 @ 3:40 pm by The Geek

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Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.

Good day forex traders.

In the previous EUR/USD forecast we noted that the currency pair made an attempt to test the upper bollinger band as expected. This was as per our forecast and many of our readers benefited.

The EUR/USD was above 1.12 and below the upper bollinger band. This would be the immediate support and resistance levels. Further bullish momentum might see 1.14 should the upper bollinger band fail.

A bearish recovery could see 1.1 tested.

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Technical Analysis

Looking at the chart above, we could see that the bulls eased off for the week. The range was limited from a technical point of view.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

Click here to read the full article.

February 20th, 2016 @ 3:06 pm by The Geek

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Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.

Greetings forex traders.

In the previous AUD/USD forecast we noted that currency pair was slightly bullish for the week. It remained within the limits of the lower and middle bollinger bands. The price action was somewhat a doji and this continued to suggest a indecisive situation. The bollinger bands setup remained a good reference and I would be looking at the lower and middle bands as the immediate support and resistance.

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Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair was bullish for the week. The middle bollinger band was tested but the AUD/USD did not manage to breach it.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the AUD/USD Forecast Weekly Review to understand more about the underlying market sentiments.

Click here to read the full article.

February 14th, 2016 @ 3:28 pm by The Geek

Click here to read the full article.

Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.
Good day forex traders.

In the previous EUR/USD forecast we noted that the currency pair was bullish for the week. It breached through the strong resistance of the middle bollinger band.

It tested the region of 1.12 and this was a strong bullish indicator. It was important to pay close attention to the price action. 1.12 needed to fall before the extended target of the upper bollinger band could be considered. Immediate support would likely be the resistance turned support bollinger band. This happened to be the strong support and resistance region of 1.0.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair made an attempt to test the upper bollinger band as expected. This is once again a clockwork forecast and I hope our readers benefited. :)

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

Click here to read the full article.

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