The forecast for 2009, that was posted by me on January 3rd this year, came out to be not very accurate but definitely better than the one for the year 2008. I’ve missed largely with the USD-based pairs (especially GBP/USD — a parity! What was I thinking about?!), but the yen-based forecasts…
My last forecast (for the year 2008) missed the real world market action significantly. The financial crisis made a lot of the forecasts made by the analysts and traders useless but, nevertheless, I still wish to offer my vision for the next year. This is just my opinion and…
OK, the New Year is coming close and as this year is ending it’s about time to try to forecast the future of the Forex market (and some other factors that influence Forex) for the year 2008. My last forecast (for 2007) didn’t get its own post on this blog, but I must admit that…
General trend: bullish.
| Floor Pivot Points: | ||||||
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| 3rd Sup | 2nd Sup | 1st Sup | ||||
…
General trend: bearish.
| Floor Pivot Points: | ||||||
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| 3rd Sup | 2nd Sup | 1st Sup | ||||
…
General trend: ranging.
| Floor Pivot Points: | ||||||
|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | ||||
…
General trend: bearish.
| Floor Pivot Points: | ||||||
|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | ||||
…
General trend: ranging.
| Floor Pivot Points: | ||||||
|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | ||||
…
General trend: slightly bearish.
| Floor Pivot Points: | ||||||
|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.3045 | 1.3182 | 1.3278 | ||||
…
| Floor Pivot Points: | ||||||
|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.3260 | 1.3326 | 1.3387 | 1.3453 | 1.3514 | 1.3580 | 1.3641 |
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