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EURUSD Forex Forecast (Updated Daily)


ForexWatchers

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I have deleted because it needs some update and I haven´t time. Anyway look at the fall that I think it will gonna happen today within 2 or 3 hours on the eurusd around 1.4436. Also check my forecast on the NZDUSD on another thread.

I think my method is not complicated but it needs some elliott, trendlines and S/R knowledge. The trick is to figure out wave 1 and 2, make their projection and follow the trend making special attention to wave 4. When you think that all the wave is over you bet on the opposite direction. Thats it!

Regards

 

 

EU was strong, retrace 40~60 pips and now hit your 1.4436. forecasting not easy

Thank, I will take a look on your other EW post.

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Forecast for June 01

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.43503 and 1.43865. Attached is the visual of our forecast for June 01, 2011.

 

Regards,

Forex Watchers Team

http://insightly.userfiles.s3.amazonaws.com/39141/3505D7/Jun._01_01.jpg?AWSAccessKeyId=AKIAJUY5QW3GKEMIH77Q&Expires=1306921208&Signature=3jHeetqBmALn7MKjMo63iHNM%2FUQ%3D

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EU was strong, retrace 40~60 pips and now hit your 1.4436. forecasting not easy

Thank, I will take a look on your other EW post.

As I said, around 1.4436, NY session was able to make a little higher because there was many convergencies above, Anyway this move down is not a little move is a BIG move down -as according to my analisys is the end of wave C- if it is a wave 5 we can expect more than 900 pips, If its the begin of wave 3 then much more pips on the horizon. The NZDUSD was not able to go on its 261.8 target only to 223.6 so it begins is fall earlier because is last wave was not strong enough and the pressure on the EURUSD. I was not able to catch the eurusd but I was able to catch the nzdusd. Hope to get on the road when eurusd wave 2 of this wave 5 or 3 has finished. Regards.

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Ok. My first guess is that eurusd has finsihed wave C of wave 1 correction so ending wave 2. That means that is expected to fall until 1.2146 (2300 pips from now) when a big correction .maybe wave 2 of a bigger wave or a turnaround- begins. Also expect to see wave 4 about 1.30290 when many guys leave the race and a turnaround is possible. To catch this wave I have to wait to see the begin of wave 2 of this wave 3 in order to guess where the correction will end.

Regards to all.

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As I said, around 1.4436, NY session was able to make a little higher because there was many convergencies above, Anyway this move down is not a little move is a BIG move down -as according to my analisys is the end of wave C- if it is a wave 5 we can expect more than 900 pips, If its the begin of wave 3 then much more pips on the horizon. The NZDUSD was not able to go on its 261.8 target only to 223.6 so it begins is fall earlier because is last wave was not strong enough and the pressure on the EURUSD. I was not able to catch the eurusd but I was able to catch the nzdusd. Hope to get on the road when eurusd wave 2 of this wave 5 or 3 has finished. Regards.

 

 

Powerful and wonderful.

But hard to visualize with word, Don't mind explain with chart next time.

Thank you

Edited by ArtOfTrade
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Forecast for June 02

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.43988 and 1.44387. Attached is the visual of our forecast for June 02, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-02_01.jpg

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hi, montapicolhos,

 

Based on my limited knowledge on EW:

On H4, I would had counted Your 5 as 3, Your A as 4 and Your B as 5. To me, Your 5 to A is a complex corrective wave. and currently think that wave A.

 

In what way that you can confirm your count is correct ?

 

Thank you for giving me the rare opportunity to learn

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hi, montapicolhos,

 

Based on my limited knowledge on EW:

On H4, I would had counted Your 5 as 3, Your A as 4 and Your B as 5. To me, Your 5 to A is a complex corrective wave. and currently think that wave A.

 

In what way that you can confirm your count is correct ?

 

Thank you for giving me the rare opportunity to learn

 

Yes, your counting could be correct. In that case we have some extension of wave 3 because we can see 2 big corrections on that wave. At first that was my counting also.

However look carefully at what I call wave B. You will see a wave without almost no waves at all, only one big vertical line. Where is the 4 wave of this one? For me this is a typicall B wave!

But there is no more subjective theme than wave counting. If you find 5 wave counters you get 5 different wave analysis.

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Forecast for June 03

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.44166 and 1.44583. Attached is the visual of our forecast for June 03, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-03_01.jpg

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Forecast for June 06

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.44655 and 1.45072. Attached is the visual of our forecast for June 06, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-06_01.jpg

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Forecast for June 08

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.46499 and 1.46739. Attached is the visual of our forecast for June 08, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-08_01.jpg

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Forecast for June 10

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.45060 and 1.45380. Attached is the visual of our forecast for June 10, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-10_02.jpg

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Forecast for June 13

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.44097 and 1.44397. Attached is the visual of our forecast for June 13, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-13_02.jpg

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Forecast for June 15

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed short below the barrier levels of 1.44273 and 1.44542. Attached is the visual of our forecast for June 15, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-15_01.jpg

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Forecast for June 17

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.40851 and 1.41253. Attached is the visual of our forecast for June 17, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-17_02.jpg

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Forecast for June 21

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.42480 and 1.42824. Attached is the visual of our forecast for June 21, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-21_02.jpg

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Forecast for June 22

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed long above the barrier levels of 1.43130 and 1.43400. Attached is the visual of our forecast for June 22, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-22_01.jpg

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Forecast for June 27

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.41320 and 1.41723. Attached is the visual of our forecast for June 27, 2011.

 

Regards,

Forex Watchers Team

 

http://institution.forexwatchers.com/market-analysis/data/Jun.-27_01.jpg

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Forecast for June 28

 

Good morning everyone,

 

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.42102 and 1.42447. Attached is the visual of our forecast for June 28, 2011.

 

Regards,

Forex Watchers Team

http://institution.forexwatchers.com/market-analysis/data/Jun.-28_01.jpg

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