Live Trading Room Quick Links:
Forex Academy Quick Links:
Misc. Quick Links:
Language:
English

Articles by The Geek

February 6th, 2016 @ 4:03 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 readers.

In the previous AUD/USD forecast we noted that the currency pair was recovering and it tried to test the middle bollinger band. I would be mindful of the lower and middle bollinger bands as they might serve as immediate support and resistance levels.

(null)

Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair tested the middle bollinger band but failed to hold above it. The candle is a doji for this week.

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.

January 31st, 2016 @ 3:54 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 readers.

In the previous AUD/USD forecast we noted that the currency pair was testing the support of 0.6950 and dipped further. The bollinger bands continued to play an important role.

In the previous EUR/USD forecast we noted that the range of the EUR/USD was tight for a number of weeks. As long as the currency pair fails to successfully clear the middle bollinger band, the bearish momentum cannot be considered to be over. Again we should look at the usual figures of 1.08 and 1.12. The upper and lower bollinger bands could be possible support and resistance regions.

(null)

Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair is recovering and it tried to test the middle bollinger band. I would be mindful of the lower and middle bollinger bands as they might serve as immediate support and resistance levels.

(null)

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.

January 17th, 2016 @ 4:22 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 did attempt to test 1.08 but the support held. The middle bollinger band worked again. Looking at the momentum, we could conclude that the middle bollinger band resistance was strong. In the upcoming week, we would need to observe the price action in this region. A clean breach might open up the upper limits at 1.12 and 1.14.

Should the bearish momentum return to test 1.08, failure of the support would open up the lower bollinger band as an extended bearish target.

In the previous AUD/USD forecast we noted that the currency pair was bearish. The momentum was strong and it breached the lower bollinger band.

The AUD/USD was testing the support of 0.6950. Should the currency pair continued to develop below the lower bollinger band, we might see further bearish momentum. A failure of the 0.6950 support might see the AUD/USD targeting the bearish target of 0.68.

A bullish return would need to overcome the lower bollinger band. It was a possible resistance region.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency had once again failed to breach the middle bollinger band. It was a doji for the week.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis to understand more about the underlying market sentiments.

Click here to read the full article.

January 10th, 2016 @ 3:27 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 bearish for the week. The middle bollinger band was effective as a resistance.

The EUR/USD is range bounded between 1.08 and 1.1020. No doubt any bearish or bullish momentum would need to breach the respective support and resistance.

As a new year begins, close monitoring of the shorter timeframes is recommended to determine the price action. We can use the lower and upper bollinger bands as possible extended targets.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bullish for the week. It did attempt to test 1.08 but the support held. Our middle bollinger band worked again.

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.

January 9th, 2016 @ 5:18 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 readers.

In the previous AUD/USD forecast we noted that the currency pair was a doji. This is likely due to the low market activity. It continues to respect the support of the middle bollinger band.

(null)

Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair was bearish. The momentum was strong and it breached the lower bollinger band.

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.

January 6th, 2016 @ 2:41 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 readers.

In the previous EUR/USD forecast we noted that the currency pair tested the middle bollinger band again as per our previous forecast. The 1.1 region was shaping out to be a strong resistance. Having said so we need to monitor the shorter timeframe to observe as nothing is forever.

Should the resistance fail, we might see an attempt to achieve 1.12 by the bullish traders. Bearish recovery would likely target the 1.08 support region.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bearish for the week. The middle bollinger band was effective as a resistance. This is the fifth week that our technical analysis worked. :)

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

Click here to read the full article.

January 6th, 2016 @ 1:01 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 readers.

In the previous AUD/USD forecast we noted that the currency pair was bullish for the week. It was testing the middle bollinger band again. Our bollinger bands continued to provide indications of possible price action. Should the AUD/USD clear the middle bollinger band, the bullish momentum might target 0.74. Any further push would need to see the upper bollinger band breached first

A return of bearish pressure might see support at 0.7120, followed by the lower bollinger band.

Regardless it was important to note that the AUD/USD had been range bounded for sometime now.

(null)

Technical Analysis

Looking at the AUD/USD weekly chart above we note that the currency pair was a doji. This is likely due to the low market activity. It continues to respect the support of the middle bollinger band.

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

Click here to read the full article.

December 6th, 2015 @ 3:30 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 continued to be bearish for the week as expected. It achieved the bearish target of 1.06.

The price action was now just above the lower bollinger band. We would need to observe if the resistance turned into a support region. Any bullish recovery might aim for 1.08.

Due to the fundamental uncertainty, it was advised that staying out of the market may be a prudent decision at times.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bullish for the week. The lower bollinger band did hold as a support.

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

Click here to read the full article.

Our Global Forex Community

Follow us on Twitter! Join us on Facebook! Watch us on YouTube! Stumble Us!

Advertising

Next Free Forex Webinar

Free Market Commentaries

Advertising

Forex Links

Educational Partners

The Geek Knows
AgriMoney.com
Traders' Magazine

Finance Blogs Blogarama - The Blog Directory