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EUR/USD

November 8th, 2015 @ 3:31 pm by The Geek

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Good day forex traders and readers.

In the previous EUR/USD forecast we noted that the currency pair was a doji for the week and our bollinger bands worked. The bearish momentum was rejected by the lower bollinger band and the immediate support would be at 1.09 followed by 1.08.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was again bearish for the week. It is now below 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 EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

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November 1st, 2015 @ 2:31 pm by The Geek

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Good day forex traders.

In the previous EUR/USD forecast we noted that the currency pair was bearish for the week. It stopped before the lower bollinger band as expected. Due to the usefulness of our bollinger bands technical approach, further price action might be influenced by it.

The immediate support would be 1.09 followed by 1.08. A bullish recovery would need to achieve resistance region of 1.12 followed by 1.14.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was a doji for the week. Once again our bollinger bands worked!

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.

October 25th, 2015 @ 2:59 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 ended slightly lower than the previous week. It tested the upper bollinger band as expected. I mentioned that I was extremely pleased with the performance of our bollinger bands. 1.14 and the upper bollinger band would probably be our immediate resistance. A bearish pushback would likely target the middle bollinger band at 1.12. From a fundamental point of view, I cautioned on the upcoming European Central Bank event. Sentiments could change resulting in a shift in expectations.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bearish for the week. It stopped before the lower bollinger band, validating the usefulness of our bollinger bands technical approach.

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.

October 18th, 2015 @ 2:20 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 did continue to bounce off the support / middle bollinger band as expected. It tested the 1.14 bullish target as mentioned and had since eased below. It was important to observe the price action in the upcoming week. Bullish momentum would need to test and clear 1.14 before targeting 1.16. Should bearish pressure returned, the support level / middle bollinger band of 1.12 would likely be targeted.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair ended slightly lower than the previous week. It tested the upper bollinger band as expected.

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.

October 11th, 2015 @ 3:13 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 had attempted to stretch below the support of 1.12 but had since settled around it. The middle bollinger band had once again proved to be useful for the indications of price action. A clear breach of the 1.12 support / middle bollinger was needed before an attempt of the bearish target at 1.1. The bullish recovery was likely to target 1.14.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair did continue to bounce off the support / middle bollinger band as expected.

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.

October 4th, 2015 @ 2:28 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 readers.

In the previous EUR/USD forecast we noted that the currency pair was bearish for the week. It had attempted to stretch below the support of 1.12 but had since settled around it as expected. The middle bollinger band had once again proved to be of use to our indications of price action. A clear breach of the 1.12 support / middle bollinger was needed before we could expect an attempt of the bearish target at 1.1. A bullish recovery would likely target 1.14

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was a doji for the week. It remained around the the middle bollinger band as expected.

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.

September 27th, 2015 @ 3:26 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 almost a doji. It was settled in between the middle and top bollinger band.

As mentioned previously we might be in a consolidation phase. Any bullish reversal would need to breach it 1.14. The middle bollinger band might function as an immediate support. It was at the support region of 1.12.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bearish for the week. It had attempted to stretch below the support of 1.12 but had since settled around it as expected.

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.

September 20th, 2015 @ 2:39 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. The currency pair was near the resistance of 1.14 and we noted that the bollinger band was narrowing.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was almost a doji. It is now settled in between our middle and top bollinger band.

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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