Some of my forecasts

[4xpipcounter]

Gbp/cad

Current level is presenting strong R. If broken, then look for strong R to be presented by the daily kijun at 1.5656. Absolute containment appears to be massive cluster R on the weekly chart at 1.5838.

 

[4xpipcounter]

Gbp/nzd

2.0818--2.0886 should be containment before the reversal back to the trip south.

 

[4xpipcounter]

Gbp/aud

I posted earlier on this pair, but it is getting ready for a freefall. Stochastics is OB and crossed on the daily, it is nearing the bottom of a very bearish cloud. Get ready!

 

[4xpipcounter]

Eur/jpy

This pair is currently camped at the daily's apex. It is also a very clustered R area. It would be safe to sat the correction is over, and we are about to head lower.

 

[4xpipcounter]

Gbp/chf

A 4-hour close below 1.5246, which is the tenken should mark the end to the UP. The daily tenken at 1.4902 should be an easy target.

 

[4xpipcounter]

GBP/CHF addendum

I should add something to my post concerning the GBP/CHF. If 1.5246 is broken today, then look for 1.5220 to be support, and look for a bounce from that point. After the bounce has been completed, then it would be a good time to go short.
If you don't mind initial whipsaw action at the beginning of the trade in exchange for 300 pips, then enter upon the original scenario.

 

[4xpipcounter]

Gbp/jpy

131.49, the top of the cloud has been taken out, and the next major R will be 132.50

 

[4xpipcounter]

http://img684.imageshack.us/i/56612463.png/

Preetksgill, I attached chart, and I don't understand your point about the move to my MR1 at 1.3444 being choppy. That's almost a straight line north. It went sideways only after it hit my confluence of MR1 and WR3.

Also, what conclusion are you talking about?

Also, if you were a superstar "back in the day", then keep doing what drove you to stardom in order to maintain it--lol.

A CHF 26 bln forex loss a sign of strength----, than I must have been a superstar, back in the day

Not exactly sure how he came to that conclusion, but thats what the headline says

The SNBs balance sheet is still robust, Hildebrand said.

EUR/USD is very choppy, just launching back to the 1.3360 area from the 1.3320s.

We heard of one round of central bank buying the first time downMight have been a second to create the latest pop

 

[4xpipcounter]

Eur/usd

I posted in a previous post the chart that shows the confluence of Ron the 4-hour which contains my WR3 and MR1 at 1.3437 and 1.3444, respectively. There is also R on the daily as the price hit the bottom of the cloud.

That confluence should be containment, and it not, then we are headed to the top of the daily cloud at 1.3624. Momentum indicates that the daily could push the pair further north.

The pair will run into support at the 4-hour tenken at 1.3289.

 

[4xpipcounter]

You might be right, but I did write my forecast for the pair, evidently, the same time you wrote this post, and the subsequent posts.
Plus, I'm not picky which way it goes. I monitor 28 pairs and other miscellaneous markets for followers of my blog.
The object is just finding the opportunities, bull or bear, that have the strongest obviations.

eu is finished as far as north move is concerned, next week will be a disaster for the bulls