Analytics EUR/USD

[PFGFX]

So the forecast for 03/11/2009/
The day is going to have a downtrend but till about 8.00 (GMT) upward retracement is taking place.
So at about 8.00 (GMT) a descending movement is expected to start.
No high impact news for today!

forecasted by http://www.pfgfx.net/​

 

[PFGFX]

continuation

Starting from 11.00 (GMT):

Till 14.00 (GMT) possible attempts to level 1.4580 are expected ( Fibo 38.2% and EMA (period 13) on daily charts)

After that (after 14.00-GMT) an upward retracement is expected.

 

[PFGFX]

EUR/USD

The forecast for Thursday 5 November, 2009:
High impact news are expected today:
12.00 (GMT) Bank of England Interest Rate Decision
12.45 (GMT) European Central Bank(ECB) Interest Rate Decision (EUR)
13.30 (GMT) ECB Press Conference

So till the news the market is expected to move in a flat, descending channel

 

[PFGFX]

EUR/USD

Forecast for Friday 06, 2009.
The day is expected to be flat. Today it is better to work short in time and take profit.
Till 11.00 (GMT) is descending movement.
At 11.00 medium impact news is expected: Factory orders.
At 13.30 (GMT) high impact news: Unemployment Rate.

 

[PFGFX]

EUR/USD

Forecast for the price movement for this week from 09 to 13 November, 2009:
This week will have a descending trend.

Forecast for Monday 9 November, 2009:
Day has a downtrend, Possible pivot point at 1.4950.
At 11.00 (GMT) medium impact news from Germany is expected - German Industrial Production

 

[PFGFX]

EUR/USD

Forecast for November 10,2009.
The day has a light descending trend. The market will have a high volatility today.
At 7.00 (GMT) medium news fro Germany
At 13.00 (GMT) high impact news from Germany - German ZEW Economic Sentiment

 

[PFGFX]

From 11.00 (GMT) - descending movement is expected:
First stop at 1.4915
No high impact news for the rest of the day

 

[PFGFX]

Forecast for November 11, 2009.
Day is flat. Until 11.00 (GMT) a descending movement.
On an hourly chart it is seen the formation of a flat channel with a top border
at 1.5012 and bottom at 1.4950. Work in the channel.

 

[PFGFX]

Forecast for the other half of the day:
From 11.00 is an ascending movement. Pair struck the top border of an hourly channel (1.5012) and moved upwards by 10% from the width of the channel
which means that the probability of returning back to the channel is little.
In the USA it is a holiday so the market is going to be narrow.

 

[PFGFX]

Forecast for November 12, 2009.
The day will have an uptrend.
Till 8.00 - upper work
from 8.00 till 11.00 (GMT) downwards movement is possible, retracement.
High impact news that might influence the price movement :
09.00 (GMT) ECB Monthly Bulletin
13.00 (GMT) Industrial Production m/m , ZEW Economic Expectations

 

[PFGFX]

News at 9.00 (GMT) changed the market's mood.
After 11.00 (GMT) it is a descending price movement.
At 19.00 (GMT) news that might change the mood

 

[PFGFX]

Forecast for this week from 16 to 20 November 2009.
Coming week will have a descending trend.
Price couldn't break through and closed below:
1. Short line of resistance, on a weekly chart, beginning of the line from March 6 2009, that was at the beginning a support line.
2. Historical level of resistance 1.4940, on a weekly chart
3. Long line of resistance, on a weekly chart, from October 09 1998, that was a support line.
Designation of candlesticks is given from a weekly close

 

[PFGFX]

Forecast for today until 11.00 (GMT):
The price movement is descending.
At 10.00 (GMT) medium impact news - CPI

 

[PFGFX]

After 11.00(GMT) a price ascending movement is expected.
At 13.30 (GMT) high impact news that will change the mood of the market: Retail Sales and Core Retail Sales.
So let's see!

 

[PFGFX]

Forecast for today (November 17):
Till 11.00 (GMT) downtrend
at 10.00 (GMT) medium impact news
During the day it seems that the market is flat.

 

[PFGFX]

The descending movement seems to take further effect, but:
at 13.30 (GMT) high impact news is expected - PPI, PPI excluding food and energy.
14.00 (GMT) TIC Long-Term Purchases
at 14.15 (GMT) high impact news - Industrial production

 

[PFGFX]

Forecast for November 18 till 11.00 (GMT):
Uptrend with a retracement (50% at 1.4910 or 61.8 at 1.4930)
till lunchtime no high impact news detected

 

[PFGFX]

till 13.30 (GMT) more likely the price will keep moving up during the day.
At 13.30 high impact news - Building Permits

 

[PFGFX]

Novemeber 19.00:
At 13.30 medium impact news
Untill that a descending movement is possible.
First stop at 1.4810
At 15.00 (GMT) high impact news

 

[PFGFX]

Forecast for the price movement - Monday November 23, 2009.
The day is flat.
Untill 11.00 (GMT) - descending trend. First stop, possible and turn at 1,4975.
At 9.00 (GMT) medium imapct news:
-PMI services flash
- PMI flash.