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EUR/USD

September 13th, 2015 @ 4:09 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 and it remained in a consolidating phase as expected. It was testing the support region of 1.12. The EUR/USD was at the middle bollinger band and hence it was a possible center of pivot. The bands had stabilised and it was indicative of a consolidation phase.

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Technical Analysis

Looking at the EUR/USD daily chart above we note that the currency pair was bullish for the week. Having said so it is back at a previous region and hence indeed it is consolidating.

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September 6th, 2015 @ 3:08 pm by The Geek

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Good day readers.

In the previous EUR/USD forecast we noted that the currency pair had a wide range for the week. It spiked and nearly reached the 1.18 medium term bullish target as mentioned. It then retreated and was testing the bearish resistance of 1.12 as expected. We note that currency pair remained in a consolidation phase and hence it was not possible to determine the short to medium trend. It was crucial to remain prudent and deploy proper money management. Topside resistances were 1.18 and 1.22. Supports were likely to be at 1.12 , 1.11 and 1.10.

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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 and it remained in a consolidating phase as expected. It was testing the support region of 1.12.

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.

August 30th, 2015 @ 3:58 pm by The Geek

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Good day forex traders.

In the previous EUR/USD forecast we noted that nothing suggested an end of the long term bearish momentum. However should the 1.14 resistance fail, we might see the opening of the upper region of up to 1.22. In the meanwhile 1.18 would be the medium term bullish target. The upper bollinger might also function as an immediate resistance. Bearish return might see 1.12 followed by 1.11.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair had a wide range for the week. It spiked and nearly reached the 1.18 medium term bullish target as mentioned. It has since retreated and is testing the bearish resistance of 1.12 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.

August 23rd, 2015 @ 1:49 pm by The Geek

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Good day readers.

In the previous EUR/USD forecast we noted that the currency pair attempted a bullish maneuver. It was however capped by 1.11 as forecasted. From a longer term view of analysis, the EUR/USD remained in a consolidation phase. We should monitor the upper limits of 1.12 and the extended bullish target of 1.14.

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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 and as expected testing the 1.14 bullish region. This is a crucial resistance.

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.

August 16th, 2015 @ 2:48 pm by The Geek

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Good day everyone.

In the previous EUR/USD forecast we noted that the currency pair was a near doji for the week. As mentioned previously, the bullish correction was temporary indeed. Support and resistance region by the numbers would give us 1.11 and 1.08 respectively.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair attempted a bullish maneuver. It was however capped by 1.11 as forecasted. I love it when our support and resistance lines work!

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.

August 2nd, 2015 @ 1:54 pm by The Geek

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Full Release at
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Good day to everyone.

In the previous EUR/USD forecast we noted that the currency pair was bullish for the week. It did approach the 1.08 region as expected before a bullish correction took place. The current bullish recovery might be temporary. A clearance of it would bring us to 1.11. Any bearish return might once again target 1.08

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair is a near doji for the week. As mentioned last week, the bullish correction was temporary indeed.

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.

July 19th, 2015 @ 2:38 pm by The Geek

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Full Release at
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Good day traders.

In the previous EUR/USD forecast we noted that the currency pair was again around the region of 1.11. This region continued to function as a pivot of sorts. Due to the uncertainty that surrounded the Greek debt crisis, both sides of the trade remained a possibility. The currency pair might dip to 1.08.

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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 is now near the extended support target of 1.08. Our forecast was correct. As mentioned 1.08 is a bearish target.

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.

July 12th, 2015 @ 4:05 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 and readers.

In the previous EUR/USD forecast we noted that the currency pair recovered from a forex gap and was at 1.11. With the uncertainty of the Greek crisis, we had to consider both sides of the trade. Resistance levels were 1.12 and 1.14 while a likely strong support was at 1.08.

We could see from the chart that the EUR/USD was in a range of sorts and perhaps with a Greek resolution we might see some direction.

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Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair is yet again around the region of 1.11. This region continues to function as a pivot of sorts.

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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