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First, I’d like to wish everyone a happy New Year. Today is December 31st and the trading of the year 2011 has already ended, so it’s time to wish successful trading to all Forex traders in the next year.

My forecasts for 2011 were a complete failure. Mainly due to the worsening of the eurozone debt …

Year 2010 wasn’t as rich on surprises as 2009 and 2008. That’s probably why my last yearly forecast wasn’t as inaccurate as usually. The major surprises (at least for me) were GBP/USD and gold. The former failed to move significantly up or down, while the gold prices stagnated after conquering the new record highs several times. …

Sometimes a collective mind of Forex traders produce better forecasts than the analysts do. And since EUR/USD is the most popular currency pair nowadays, I’d like to check this hypothesis but asking the readers (you) of where do they see this pair before the end of 2010. The poll will be …

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?!), …

The year 2009 comes to an end. The overall market behavior was quite surprising to the majority of the Forex traders as the dollar traded in a very unpredictable manner — rising and falling and then again rising with a high level of volatility. Many analysts issue their forecasts regarding the next year, 2010. In the next few days I’ll …

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 it shouldn’t be taken as a serious forecast or some guide for trading.

EUR/USD will go down in 2009 and will …

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.

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General trend: ranging or slightly bullish.

…

General trend: bearish.

Floor pivot points:3rd Sup__2nd Sup__1st Sup__Pivot____1st Res__2nd Res__3rd Res
1.3379___1.3457___1.3523___1.3601__1.3667___1.3745___1.3811

Woodie’s pivot points:
2nd Sup__1st Sup__Pivot____1st Res__2nd Res
1.3454___1.3518___1.3598___1.3662__1.3742

Camarilla pivot points:
4th Sup__3rd Sup__2nd Sup__1st Sup__1st Res__2nd Res__3rd Res__4th Res
1.3511___1.3550___1.3564___1.3577__1.3603___1.3616___1.3630___1.3669

Tom DeMark’s pivot points:
Resistance: …