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  1. #1
    PeterP is offline Senior Member
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    Default My best daily major's forecasts

    Hello, traders! Today I decide to share with you my forex forecasts and signals for opening orders. I hope, you'll like it.

  2. #2
    PeterP is offline Senior Member
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    Default

    GBP/USD 05.16 SELL

    The price has been moving in a bearish channel for a long period of time. According to news which is expected in the UK today, probably, downtrend movement will be continuing for a long period of time. There will be probably a correction upwards before continuing falling down. If GBP doesn't manage to break the level 1. 5991 then it will be a signal for opening sell order. The goal will become the level 1. 5869.

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  3. #3
    PeterP is offline Senior Member
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    Default 05.16. Gbp/usd buy

    According to my calculations if GBP USD manages to conquer strongly the level 1.5991 then uptrend movement will begin. The closest goal will be the level 1.6052. The price can also move up to the level 1.6113.

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  4. #4
    PeterP is offline Senior Member
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    Default 05.16. Eur usd sell

    It is clearly seen on our charts that the price is moving in bearish channel. Such trend will continue if EUR USD strongly strikes in downtrend direction support line 1.2695. The closest goal will be 1.2664 level with the possibility of following move to 1.2634 level.

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  5. #5
    PeterP is offline Senior Member
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    Default 05.16. Eur usd buy

    Market is very changeable. We should not exclude price's turn back upwards as well. We are ready to open order for buy if the pair conquers strongly the level 1.2756. The aim of bullish movement will be the level 1.2817.

  6. #6
    PeterP is offline Senior Member
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    Default 05.16. Aud usd buy

    If the price conquers in bearish direction the level 0.9948 then a position for buy can be opened. The level 1.0009 will become the main goal of such movement.

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  7. #7
    PeterP is offline Senior Member
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    Default 05.16. Aud usd sell

    We can see on our chrts that the pair is moving in downtrend channel. If it breaks at the moment a strong support line 0.9887, then bears will continue to prevail. The closest aim will be the level 0.9857. There is also a possibility of next reaching the level 0.98267.

  8. #8
    PeterP is offline Senior Member
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    Default 05.16. Usd/jpy sell

    In opening a position for sell our key level is the level 80.27. If usd/jpy conquers it in bearish direction then a downtrend movement will begin probably. The level 80.07 will become the goal of it.


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  9. #9
    PeterP is offline Senior Member
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    Default 05.16. Usd jpy buy

    A bullish channel starting from the 14th of May can be easily drawn on our charts. If the USD JPY breaks a strong resistance line 80.46 then uptrend movement will continue to grow up. The nearest goal of it will be the level 80.56 and also the pair can move to the level 80.664.

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  10. #10
    PeterP is offline Senior Member
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    Default 05.16. Usd cad buy

    If USD CAD strikes strongly the resistance line 1.0131 at the moment then uptrend movement will continue to prevail. The level 1.0253 will become the aim of it. At the level 1.0223 an obstacle can be met.

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    Last edited by PeterP; 05-15-2012 at 11:39 PM.

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