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EURAUD RISING!!

P3tr4 Posted 22 July as Analysis on EUR/AUD, Target: 1.5023, Date: 1st of September, 12:00 GMT  in #Technical analysis #EUR/AUD #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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AUDUSD RISING!!

P3tr4 Posted 22 July as Analysis on AUD/USD, Target: 0.7935, Date: 1st of September, 12:00 GMT  in #Technical analysis #Audusd #AUD/USD #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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EURNZD FALLING!!

P3tr4 Posted 23 June as Analysis on EUR/NZD, Target: 1.5280, Date: 1st of August, 12:00 GMT  in #Technical analysis #Market Trend #EUR/NZD #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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GBPJPY FALLING!!

P3tr4 Posted 23 June as Analysis on GBP/JPY, Target: 141.25, Date: 1st of August, 12:00 GMT  in #Technical analysis #GBP/JPY #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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EURJPY FALLING!!

P3tr4 Posted 23 June as Analysis on EUR/JPY, Target: 122.50, Date: 1st of August, 12:00 GMT  in #Technical analysis #EUR/JPY #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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GBPCAD

P3tr4 Posted 23 June as Analysis on GBP/CAD, Target: 1.6912, Date: 1st of August, 12:00 GMT  in #Technical analysis #GBP/CAD #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
Read full story
Translate to English Show original

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EURAUD FALLING!!

P3tr4 Posted 23 June as Analysis on EUR/AUD, Target: 1.4712, Date: 1st of August, 12:00 GMT  in #Technical analysis #EUR/AUD #Euraud #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
Read full story
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2 Comments
P3tr4 avatar
P3tr4 22 July

The is much bearishness on the charts, but it has pulled up after hitting a low of 1.7388. This move upwards is as a result of Draghi's recent remarks, so there is a chance of the bearish trend resuming soon. But there is some short-term bullish pressure, that could go up another 100 pips or so.

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P3tr4 29 July

The bullish pressure has been there but a bit sluggish. Now there is a 12 pips difference between where the market is and my prediction, the markets will open on Sunday and a lot could change, but I am still optimistic.

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EURUSD FALLING!!

P3tr4 Posted 23 June as Analysis on EUR/USD, Target: 1.0989, Date: 1st of August, 12:00 GMT  in #Technical analysis #Eurusd #EUR/USD #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
Read full story
Translate to English Show original

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GBPCHF RISING!!

P3tr4 Posted 30 May as Analysis on GBP/CHF, Target: 1.2650, Date: 3rd of July, 12:00 GMT  in #Technical analysis #GBP/CHF #Gbpchf #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
Read full story
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GBPUSD FALLING!!

P3tr4 Posted 30 May as Analysis on GBP/USD, Target: 1.2745, Date: 3rd of July, 12:00 GMT  in #Technical analysis #GBP/USD #Gbpusd #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
Read full story
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3 Comments
P3tr4 avatar
P3tr4 18 June

In line with my prediction, most of the gbpusd moves have been bearish. Current difference between price and target for the contest is less than 20 pips. However, I am inclined to believe that the gbpusd will continue in its bearish run, the instability of the UK government right now is not supporting any bullish runs.

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P3tr4 19 June

The gbpusd has turned bearish again and has gone below my prediction. While this is happening, gbpjpy has been moving up, a big disparity between both pairs, and the difference in strength between the dollar and yen. It is too early to discount any bullish trend yet, but the overall outllok for gbpusd is bearish.

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P3tr4 23 June

The gbpusd has turned bullish from the crossing of the stoch indicator upwards on the daily chart. This signals good price action and could result in a new high.

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