Some of my forecasts
- Thread starter 4xpipcounter
- Start date
- Status
- Not open for further replies.
Weekly Review--091811
EUR/USD: The weekly TF is weighing heavily on this pair, but the daily is still showing a move further north. The WR1 at 1.3916 should be hit this week, but we need a daily close in that area, and then this pair should have the incentive to move quite higher. The thing with the weekly is that a thin clouds bottom has been hit along with the SD channel extreme. That, alone, could be enough to have the weekly change is mind and reverse its course. This adds up to what should be a quick move to weekly kijun at 1.4215. Watch for the WS1 at 1.3671. That is going to be a decision point.
Wow! Did the weekly ever have its way this week! The market started with a spike under the 3 pips under the WS1 at 1.3668. The decision was made before we had a chance to watch price action. From there is corrected slightly, then took a ride to the dip at 1.3383.
USD/JPY: This pair continues east on a narrow road. The only way to break this up is to see a move to the strong R area from 77.8478.56.
The pair showed a bearish candle for the week, but still continued east.
GBP/USD: The UP towards 1.7333 is over unless we got a headfake in the weekly cloud and below the weekly TL. The thing that says it is a headfake is that it was not the typical strong candle that took the TL out. If this is the real thing, then we are headed to the bottom of the weekly cloud at 1.5312. Watch for reaction at the daily tenken at 1.5951. That would be tough to get this week. The WR2 is 1.5886.
The dip was 1.5325, so the bottom of the cloud was missed by 13 pips.
USD/CHF: This pair is still headed to the monthly kijun at .9396 and the bottom of the weekly cloud at .9457. OTT, it is hard to ascertain what the Swiss pairs are going to do shorter term because they are as erratic and volatile as can be. The favored scenario is to look for a correction back to the daily tenken at .8373.
Trade should never be placed on favored scenarios, but sound analysis. The only thing sound about this is it is still headed to .9396 and .9457. The peak this week was .9181.
EUR/CHF: This pair is headed to the bottom of the weekly cloud at 1.2961. Look for a correction back to the daily tenken at 1.1599.
Still waiting on the latter as the peak was 1.2320.
AUD/USD: Possible containment this week should be circa 1.0498. Look for the top of the weekly cloud at .9956 to provide an explosive reversal. This week the dip should take us to the WS1 at 1.0266 or the WS2 at 1.0194.
The dip was .9666. Even though Im expecting .9572 to be hit, I was expecting the top of the weekly cloud to contain beforehand. That did not happen.
USD/CAD: Look for containment to be at the bottom of the daily cloud weekly/TK combo at .9707. The WS1 is .9710, so that area is perfect. Afterward, we should see the WR2 at .9913 being hit. The only thing that leaves doubt to this outlook is the original reversal off the bottom of the weekly cloud is a strong containment area. We could see a further residual effect from it.
All doubts were removed as the WR2 was easily taken out, and the market never came close to the containment levels as it soared to 1.0359.
NZD/USD: The 4-hour TL has contained the reversal thus far, but it does not mean it will continue to do so. The area of .8400 to .8409 looks solid for any kind of a move to the upside. The weekly kijun has moved from the .7973 to .8065. I still would not be surprised to see the .7973 to be hit on the downside if not lower. That move will probably not be completed this week.
Part of this was a typo on my part (maybe a Freudian slip. That was the weekly tenken I was actually referring to. I was wrong, inasmuch that the tenken was hit, and it just missed the kijun at .7517 by 4 pips.
EUR/GBP: This pair has still not found its way back into the daily cloud, but it should be forthcoming. Once it happens, then it is a clear shot to the top of the cloud at .8861. It should contain for a very strong reversal. The WS2 is .8882, so it should be hit this week. A correction should begin the week, but the WS1 at .8663 should contain.
Another typo here. The WS2 should be the WR2. The dip was .8669, so the WS1 did contain. The return to the UP was less than impressive, as the peak was .8794, so we are still on our way.
EUR/JPY: The area of 107.42 to 107.89 needs to contain if we continue to head lower. If that area is taken out, then we head to the daily TL at 109.31. The WS1 at 105.06 should contain for the week. On the upside, even if 109.31 is hit, it is not expected this week.
I was wrong on here. The DOWN continued with force as the dip was 102.19.
GBP/JPY: Ive alluded to it a lot, but the weekly TL, currently at 105.02 remains a major obstacle. Downside momentum is beginning to wane, and it is a matter of time when a longer term correction will begin. The WS1 is 120.52 and the WS2 is 119.87. Most likely the WS1 is containment to the downside for the pair, while the latter would be absolute. WE should see the WR2 at 122.47 being hit this week.
Yep, here too. Same story as its cousin. Dip was 116.79, a new all-time low.
.
EUR/USD: The weekly TF is weighing heavily on this pair, but the daily is still showing a move further north. The WR1 at 1.3916 should be hit this week, but we need a daily close in that area, and then this pair should have the incentive to move quite higher. The thing with the weekly is that a thin clouds bottom has been hit along with the SD channel extreme. That, alone, could be enough to have the weekly change is mind and reverse its course. This adds up to what should be a quick move to weekly kijun at 1.4215. Watch for the WS1 at 1.3671. That is going to be a decision point.
Wow! Did the weekly ever have its way this week! The market started with a spike under the 3 pips under the WS1 at 1.3668. The decision was made before we had a chance to watch price action. From there is corrected slightly, then took a ride to the dip at 1.3383.
USD/JPY: This pair continues east on a narrow road. The only way to break this up is to see a move to the strong R area from 77.8478.56.
The pair showed a bearish candle for the week, but still continued east.
GBP/USD: The UP towards 1.7333 is over unless we got a headfake in the weekly cloud and below the weekly TL. The thing that says it is a headfake is that it was not the typical strong candle that took the TL out. If this is the real thing, then we are headed to the bottom of the weekly cloud at 1.5312. Watch for reaction at the daily tenken at 1.5951. That would be tough to get this week. The WR2 is 1.5886.
The dip was 1.5325, so the bottom of the cloud was missed by 13 pips.
USD/CHF: This pair is still headed to the monthly kijun at .9396 and the bottom of the weekly cloud at .9457. OTT, it is hard to ascertain what the Swiss pairs are going to do shorter term because they are as erratic and volatile as can be. The favored scenario is to look for a correction back to the daily tenken at .8373.
Trade should never be placed on favored scenarios, but sound analysis. The only thing sound about this is it is still headed to .9396 and .9457. The peak this week was .9181.
EUR/CHF: This pair is headed to the bottom of the weekly cloud at 1.2961. Look for a correction back to the daily tenken at 1.1599.
Still waiting on the latter as the peak was 1.2320.
AUD/USD: Possible containment this week should be circa 1.0498. Look for the top of the weekly cloud at .9956 to provide an explosive reversal. This week the dip should take us to the WS1 at 1.0266 or the WS2 at 1.0194.
The dip was .9666. Even though Im expecting .9572 to be hit, I was expecting the top of the weekly cloud to contain beforehand. That did not happen.
USD/CAD: Look for containment to be at the bottom of the daily cloud weekly/TK combo at .9707. The WS1 is .9710, so that area is perfect. Afterward, we should see the WR2 at .9913 being hit. The only thing that leaves doubt to this outlook is the original reversal off the bottom of the weekly cloud is a strong containment area. We could see a further residual effect from it.
All doubts were removed as the WR2 was easily taken out, and the market never came close to the containment levels as it soared to 1.0359.
NZD/USD: The 4-hour TL has contained the reversal thus far, but it does not mean it will continue to do so. The area of .8400 to .8409 looks solid for any kind of a move to the upside. The weekly kijun has moved from the .7973 to .8065. I still would not be surprised to see the .7973 to be hit on the downside if not lower. That move will probably not be completed this week.
Part of this was a typo on my part (maybe a Freudian slip. That was the weekly tenken I was actually referring to. I was wrong, inasmuch that the tenken was hit, and it just missed the kijun at .7517 by 4 pips.
EUR/GBP: This pair has still not found its way back into the daily cloud, but it should be forthcoming. Once it happens, then it is a clear shot to the top of the cloud at .8861. It should contain for a very strong reversal. The WS2 is .8882, so it should be hit this week. A correction should begin the week, but the WS1 at .8663 should contain.
Another typo here. The WS2 should be the WR2. The dip was .8669, so the WS1 did contain. The return to the UP was less than impressive, as the peak was .8794, so we are still on our way.
EUR/JPY: The area of 107.42 to 107.89 needs to contain if we continue to head lower. If that area is taken out, then we head to the daily TL at 109.31. The WS1 at 105.06 should contain for the week. On the upside, even if 109.31 is hit, it is not expected this week.
I was wrong on here. The DOWN continued with force as the dip was 102.19.
GBP/JPY: Ive alluded to it a lot, but the weekly TL, currently at 105.02 remains a major obstacle. Downside momentum is beginning to wane, and it is a matter of time when a longer term correction will begin. The WS1 is 120.52 and the WS2 is 119.87. Most likely the WS1 is containment to the downside for the pair, while the latter would be absolute. WE should see the WR2 at 122.47 being hit this week.
Yep, here too. Same story as its cousin. Dip was 116.79, a new all-time low.
.
Weekly S&R's--092511
Pair R3 R2 R1 S1 S2 S3
EUR/USD 1.3910 1.3723 1.3610 1.3384 1.3272 -1.3084
USD/JPY 78.48 78.07 77.83 77.35 77.11 -76.70
GBP/USD 1.5885 1.5689 1.5571 1.5335 1.5218 -1.5021
USD/CHF 0.9459 0.9275 0.9165 0.8946 0.8838 -0.8649
EUR/CHF 1.2521 1.2385 1.2302 1.2138 1.2057 -1.1919
AUD/USD 1.0431 1.0135 0.9956 0.9599 0.9421 -0.9123
USD/CAD 1.0847 1.0586 1.0428 1.0120 0.9969 -0.9695
NZD/USD 0.8306 0.8050 0.7896 0.7587 0.7433 -0.7178
EUR/GBP 0.8853 0.8796 0.8761 0.8693 0.8658 -0.8601
EUR/JPY 106.69 105.19 104.28 102.48 101.58 -100.07
GBP/JPY 122.53 120.58 119.40 117.05 115.88 -113.91
CHF/JPY 89.03 87.01 85.79 83.37 82.16 -80.11
Pair R3 R2 R1 S1 S2 S3
EUR/USD 1.3910 1.3723 1.3610 1.3384 1.3272 -1.3084
USD/JPY 78.48 78.07 77.83 77.35 77.11 -76.70
GBP/USD 1.5885 1.5689 1.5571 1.5335 1.5218 -1.5021
USD/CHF 0.9459 0.9275 0.9165 0.8946 0.8838 -0.8649
EUR/CHF 1.2521 1.2385 1.2302 1.2138 1.2057 -1.1919
AUD/USD 1.0431 1.0135 0.9956 0.9599 0.9421 -0.9123
USD/CAD 1.0847 1.0586 1.0428 1.0120 0.9969 -0.9695
NZD/USD 0.8306 0.8050 0.7896 0.7587 0.7433 -0.7178
EUR/GBP 0.8853 0.8796 0.8761 0.8693 0.8658 -0.8601
EUR/JPY 106.69 105.19 104.28 102.48 101.58 -100.07
GBP/JPY 122.53 120.58 119.40 117.05 115.88 -113.91
CHF/JPY 89.03 87.01 85.79 83.37 82.16 -80.11
Weekly Forecast--092511
EUR/USD: We have now comfortably made it under the monthly zone of 1.38381.3906. Therefore, that tells me this pair is headed muck lower over the long term. The daily tenken at1.3659 represents a strong confluence on the daily chart. As buried as we are under the cloud. That could get broken, which would also result in a very strong break. The current level of the kijun is 1.3965, which should limit any further rise. That are could be the wick for next month as the WR2 is 1.3723 and the WR3 is 1.3910. It would be good if this week finished under 1.3838 to eliminate any confusion for the future dip.
USD/JPY: This pair is very boring these days. The WR3 and WS3 are 77.48 and 75.70, respectively. They are getting narrower each week. We are due for a breakout. The next big one should be south. We could use a move up to the WR3, and even beyond in order to force some action.
GBP/USD: This pair has made no doubt that the UP is finished. A correction is favorable this week, the totality of the recovery should be limited between 1.5865 and 1.5930. This week, look for any move south to be limited to the WS1 at 1.5335, and the upside to the WR2 at 1.5689.
USD/CHF: There is still enough room for this pair to move to .9263 on this leg. The WR2 is .9275, so that area looks like containment. If we make it there, this pair is ready for an explosive correction of the uptrend. The correction could start long before that. The daily kijun is .8446, which is a reasonable target for it. Any downside this week should be limited to the WS2 at .8838, but I dont want to confirm it as this pair remains highly volatile.
EUR/CHF: There is still enough room for this pair to move to 1.2371 on this leg. The WR2 is 1.2385, so that area looks like containment. If we make it there, this pair is ready for an explosive correction of the uptrend. The correction could start long before that. The daily kijun is 1.1670, which is a reasonable target for it. Any downside this week should be limited to the WS2 at 1.2057, but I dont want to confirm it as this pair remains highly volatile. Sound familiar?
AUD/USD: This pair is still on its way to .9390, but this week the trip south should take a rest. The daily tenken at 1.0032 should be hit this week, and maybe the WR2 at 1.0135.
USD/CAD: The daily kijun at 1.0041 seems like an easy corrective target before we head higher. Longer term, this pair is now headed to the bottom of the monthly cloud at 1.1060.
NZD/USD: We should see a correction this week, and the daily tenken is .8030 and the WR2 is .8050, so that area looks ideal for containment this week.
Longer term, now that .7930 has been hit, then next objective is the top of the weekly cloud at .7502.
EUR/GBP: This pair should still be headed to the weekly kijun at .8804, and then the top of the daily cloud at .8861. The daily tenken at .8693 needs to contain or the trip north is cancelled. The WS1 also happens to be .8693, so that is a nice confluence for containment for the week.
EUR/JPY: It is now very clear this pair is headed to sub100.00, but this week the DOWN should take a rest. The bottom of the 4-hour cloud is 105.02, and the WR2 is 105.18. It whould be that area to contain nay move north, at least for this week.
GBP/JPY: The correction for this pair began at the end of last week, and should continue this week. Look for the bottom of the 4-hour cloud at 120.45 to contain this week. The WR2 is 120.58, so this is a nice confluence.
CHF/JPY: This is a bonus for this week, as I am watching it so closely. The MT correction has finally begun. Any downside move should be contained at or above the WS1 at 83.37. The WR2 is 87.01, but this pair could march well beyond it. Once it gets beyond 85.93, The move back to the break of the weekly TL at 89.34 is in clear view.
.
EUR/USD: We have now comfortably made it under the monthly zone of 1.38381.3906. Therefore, that tells me this pair is headed muck lower over the long term. The daily tenken at1.3659 represents a strong confluence on the daily chart. As buried as we are under the cloud. That could get broken, which would also result in a very strong break. The current level of the kijun is 1.3965, which should limit any further rise. That are could be the wick for next month as the WR2 is 1.3723 and the WR3 is 1.3910. It would be good if this week finished under 1.3838 to eliminate any confusion for the future dip.
USD/JPY: This pair is very boring these days. The WR3 and WS3 are 77.48 and 75.70, respectively. They are getting narrower each week. We are due for a breakout. The next big one should be south. We could use a move up to the WR3, and even beyond in order to force some action.
GBP/USD: This pair has made no doubt that the UP is finished. A correction is favorable this week, the totality of the recovery should be limited between 1.5865 and 1.5930. This week, look for any move south to be limited to the WS1 at 1.5335, and the upside to the WR2 at 1.5689.
USD/CHF: There is still enough room for this pair to move to .9263 on this leg. The WR2 is .9275, so that area looks like containment. If we make it there, this pair is ready for an explosive correction of the uptrend. The correction could start long before that. The daily kijun is .8446, which is a reasonable target for it. Any downside this week should be limited to the WS2 at .8838, but I dont want to confirm it as this pair remains highly volatile.
EUR/CHF: There is still enough room for this pair to move to 1.2371 on this leg. The WR2 is 1.2385, so that area looks like containment. If we make it there, this pair is ready for an explosive correction of the uptrend. The correction could start long before that. The daily kijun is 1.1670, which is a reasonable target for it. Any downside this week should be limited to the WS2 at 1.2057, but I dont want to confirm it as this pair remains highly volatile. Sound familiar?
AUD/USD: This pair is still on its way to .9390, but this week the trip south should take a rest. The daily tenken at 1.0032 should be hit this week, and maybe the WR2 at 1.0135.
USD/CAD: The daily kijun at 1.0041 seems like an easy corrective target before we head higher. Longer term, this pair is now headed to the bottom of the monthly cloud at 1.1060.
NZD/USD: We should see a correction this week, and the daily tenken is .8030 and the WR2 is .8050, so that area looks ideal for containment this week.
Longer term, now that .7930 has been hit, then next objective is the top of the weekly cloud at .7502.
EUR/GBP: This pair should still be headed to the weekly kijun at .8804, and then the top of the daily cloud at .8861. The daily tenken at .8693 needs to contain or the trip north is cancelled. The WS1 also happens to be .8693, so that is a nice confluence for containment for the week.
EUR/JPY: It is now very clear this pair is headed to sub100.00, but this week the DOWN should take a rest. The bottom of the 4-hour cloud is 105.02, and the WR2 is 105.18. It whould be that area to contain nay move north, at least for this week.
GBP/JPY: The correction for this pair began at the end of last week, and should continue this week. Look for the bottom of the 4-hour cloud at 120.45 to contain this week. The WR2 is 120.58, so this is a nice confluence.
CHF/JPY: This is a bonus for this week, as I am watching it so closely. The MT correction has finally begun. Any downside move should be contained at or above the WS1 at 83.37. The WR2 is 87.01, but this pair could march well beyond it. Once it gets beyond 85.93, The move back to the break of the weekly TL at 89.34 is in clear view.
.
Gold
Sorry, this was an oversight. SJD, I think you still got this, but this is for the benefit of others.:
Gold 1857.42 1765.61 1710.31 1600.28 1545.55 -1452.58
Downside containment this week should be the circa area of the monthly tenken at 1613. The area this pair rested at last week is vital to determine if this pair is going to move lower. The monthly and weekly TF's definitely favor that move. The next downside objective would be the top of the weekly cloud at 1459.
There are a couple of amazing facts about this market, as I consider the historical perspective with regards to the move to the weekly cloud. The last time the weekly cloud was touched was Feb. 8, 2009. The last time this market was OS was the week of April 6, 2003.
As far as the upcoming week is concerned, a correction should ensue to the WR1 at 1710, and then the WR2 at 1765. The latter looks like strong containment. If broken, then it could be bakc to the drawing board as far as the DOWN is concerned.
Sorry, this was an oversight. SJD, I think you still got this, but this is for the benefit of others.:
Gold 1857.42 1765.61 1710.31 1600.28 1545.55 -1452.58
Downside containment this week should be the circa area of the monthly tenken at 1613. The area this pair rested at last week is vital to determine if this pair is going to move lower. The monthly and weekly TF's definitely favor that move. The next downside objective would be the top of the weekly cloud at 1459.
There are a couple of amazing facts about this market, as I consider the historical perspective with regards to the move to the weekly cloud. The last time the weekly cloud was touched was Feb. 8, 2009. The last time this market was OS was the week of April 6, 2003.
As far as the upcoming week is concerned, a correction should ensue to the WR1 at 1710, and then the WR2 at 1765. The latter looks like strong containment. If broken, then it could be bakc to the drawing board as far as the DOWN is concerned.
Last edited:
Silver
Silver 42.59 37.35 34.20 28.01 24.97 -19.51
It was in May I was predicting the move we had last week. I just didn't think it would take this long to unfold.
It is clearly evident the DOWN is ready to be corrected. The WR1 at 34.20 is on the radar. The market will progress beyond that point, but after that it's conjecture how far it will go, because the nature of the move to get there will have a lot to say about how things will go once back in the DOWN.
Longer term, this market could be looking at 24.14, if not lower. Any moves pass this week's WR1 will get unpredictive of the nature of things.
Silver 42.59 37.35 34.20 28.01 24.97 -19.51
It was in May I was predicting the move we had last week. I just didn't think it would take this long to unfold.
It is clearly evident the DOWN is ready to be corrected. The WR1 at 34.20 is on the radar. The market will progress beyond that point, but after that it's conjecture how far it will go, because the nature of the move to get there will have a lot to say about how things will go once back in the DOWN.
Longer term, this market could be looking at 24.14, if not lower. Any moves pass this week's WR1 will get unpredictive of the nature of things.
- Status
- Not open for further replies.
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| J | Global Market Astro's innovative and accurate forecasts | Introductions | 2 | |
| U | Daily Forex Forecasts (D'Ani Foresight) | Forex | 2 |
Similar threads
-
Global Market Astro's innovative and accurate forecasts
- Started by johnrolan19
- Replies: 2
-