Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
No Recent Activity
About FX-Forecaster.com

Basic Information

About FX-Forecaster.com
Country:
Japan

Statistics


Total Posts
Total Posts
121
Posts Per Day
0.06
General Information
Last Activity
05-26-2013 05:07 PM
Join Date
08-22-2008

1 Friend

  1. danko316  danko316 is offline

    Member

    danko316
Showing Friends 1 to 1 of 1
View FX-Forecaster.com's Blog

Recent Entries

DAILY FORECAST FOR AUDUSD

by FX-Forecaster.com on 03-24-2013 at 08:54 PM
[B]BIAS[/B]: I feel a lot of today could be sideways consolidation

[B]Resistance[/B]:... 1.0459-72... 1.0485... 1.0502... 1.0523
[B]Support[/B]:........ 1.0418-34... 1.0405... 1.0388... 1.0367

[B]MAIN ANALYSIS[/B]: The early correction did stall close to 1.0422 - just 2 points below - and saw a seesaw day up to 1 point below the lower 1.0460 target. I think there's a chance that we may even see 1.0472 but otherwise we'll be due a correction lower again to the 1.0418-34 retracement zone. From here we should then see a rally above 1.0472 and to above 1.0500 - the estimated target around 1.0523-52. From here expect a correction lower.

[B]COUNTER ANALYSIS:[/B] Only a break below 1.0400 would

Read More

Categories
Uncategorized

DAILY FORECAST FOR USDJPY

by FX-Forecaster.com on 03-21-2013 at 03:29 AM
[B]BIAS[/B]: While 95.62-72 supports we should see extension to 96.30-45 before a correction lower

[B]Resistance[/B]:... 96.12... 96.30-45... 96.60-76... 97.02
[B]Support[/B]:........ 95.81... 95.62-72... 95.30-37... 95.19

[B]MAIN ANALYSIS[/B]: Price rallied strongly and very directly. I see support around the 95.62-72 area that should provide a final move higher in this section of the rally to the 96.30-45 area. From there I feel we may well see a deeper correction that would ideally reach the 95.37-72 area again. (Keep in mind the 95.19 pivot support if it is very deep.) Once the correctioon is complete we should see another strong rally.

[B]COUNTER ANALYSIS[/B]: Only a break above

Read More

Categories
Uncategorized

DAILY FORECAST FOR EURUSD

by FX-Forecaster.com on 03-19-2013 at 04:01 AM
[B]BIAS[/B]: We should now see losses to 1.2840 and 1.2803

[B]Resistance[/B]:... 1.2967... 1.2985... 1.2995-00... 1.3030
[B]Support[/B]:........ 1.2923... 1.2911... 1.2881........ 1.2864

[B]MAIN ANALYSIS[/B]: Yesterday was always going to be a cautious one. The downside did see a marginal new low but then a correction that stalled at the 4-hour Price Equilibrium Cloud. We have two options here - the first being that we saw a completed wave at 1.2881 and the second that the low was only part of the decline. I tend to feel the latter is more likely. This would imply that we should see losses back down to the 1.2864-81 area en route the 1.2840 projection. From there expect somewhere around 40 points in a

Read More

Categories
Uncategorized

DAILY FORECAST FOR USDCHF

by FX-Forecaster.com on 03-14-2013 at 09:30 PM
[B]BIAS[/B]: I feel there is a risk of a move straight back to 0.9566-83 before recycling lower

[B]Resistance[/B]:... 0.9476-86... 0.9508-15... 0.9535........ 0.9566
[B]Support[/B]:........ 0.9448........ 0.9430........ 0.9399-09... 0.9373

[B]MAIN ANALYSIS[/B]: The upside failed to reach even the 0.9574 target, stalling at 0.9566 but which is actually still within a valid projection area. The drop to 0.9450 should have completed the first leg of a broad sideways consolidation. Note the 0.9430-48 support. However, I feel that this morning's 0.9450 may well have satisfied the first leg and thus I expect a choppy rally with immediate resistance at 0.9508-15 and then higher at yesterday's 0.9566 high but allow

Read More

Categories
Uncategorized

DAILY FORECAST FOR AUDUSD

by FX-Forecaster.com on 03-12-2013 at 09:22 PM
[B]BIAS[/B]: While 1.0345 caps we should see a pullback to 1.0284-05 before higher again

[B]Resistance[/B]:... 1.0345........ 1.0367-74... 1.0391... 1.0402-17
[B]Support[/B]:........ 1.0284-05... 1.0266........ 1.0237... 1.0218

[B]MAIN ANALYSIS[/B]: Price extended a little more to 1.0312 before a pullback to 1.0266 and from there approached the 1.0334-45 area. Still allow for 1.0345. From this resistance area I look for a correction back to 1.0305 and possibly 1.0284. This should support for a rally back to 1.0345 and possibly the 1.0367-74 highs. After a correction the 1.0391-17 area looks like a probable target.

[B]COUNTER ANALYSIS[/B]: Only a break below 1.0280 followed by a break

Read More

Categories
Uncategorized
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.