High Probability Market Forecast

pro4Xtrader

Active member
107 6
After a nice rally up GBPAUD corrected what seems to be a good entry point for the long position. The rally does not look over as no signs of reversal are presented. Target area 2.0180

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pro4Xtrader

Active member
107 6
GBPNZD continues to print new lower highs and higher highs without any signs of reversal. In fact uptrend could just accelerate from this point and hit our target in the next few weeks.

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pro4Xtrader

Active member
107 6
NZDJPY rejected the trendline as well as resistance level. This could result in a sharp fall targeting 86.50 area, that is over 200 pip move down from the current rate.
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pro4Xtrader

Active member
107 6
EURNZD broke above key resistance that could be a signal of a long term uptrend taking place. I think price could move up to 1.66 area that would make over 1000 pip upside move potential.

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pro4Xtrader

Active member
107 6
It seems USDJPY now in the ranging mode where best is to use oscilators. Now USDJPY bouncing off the resistance and Demarker showing overbough. I think it is very likely price will drop back to support.
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pro4Xtrader

Active member
107 6
USDCAD rejecting descending channel suggesting a corrective move down towards 1.23 area that is 38.2% fibs retracement level.
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