April 08, 2012

Forex Weekly Currency Forecast and Signal for April 9 - 13, 2012



Here is my forecast for this week on $EURUSD, $GBPUSD, $AUDUSD and $USDCHF.
I still find each day too short for all the thoughts I want to think, all the walks I want to take, all the books I want to read, and all the friends I want to see.

John Burroughs


Good morning all! As past week was very good on my forecast, expecting this week will be as well. This is my Forex Weekly Currency Forecast for April 2-6, 2012. And forecast is on main currencies: EURUSD, GBPUSD, AUDUSD and USDCHF. Hope you'll find it useful.

$EURUSD


$EURUSD chart is not very clear for now; After bouncing from daily price channel EURUSD had gone to downwards and I think this movement will be continued. Therefore, my weekly currency forecast on forex market:
If $EURUSD will go upwards a little to 1.3150 and then from this resistance will go down to about 1.3030 or lower to 1.2650(I think it is maximum that it will reach if goes down), then it is more likely to go up to 1.2960 or higher. And if it will reach the price channel above, there will be situation like: "will it break it or not?"(I think will). Then will bounce from this level. The strongest support/resistance levels are: 1.3470, 1.3390, 1.3294, 1.3220, 1.3180, 1.3150, 1.3100, 1.3020, 1.2970, 1.2840, 1.2690 and 1.2630 Watch my tweets for hourly forex market tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.3091)

$GBPUSD



And about GBPUSD I can say one thing x1.5EURUSD :) and of course it's a joke(not very good). And Forex Weekly Currency Forecast for this week is:
It is more probably to go up to about 1.5910 or higher and then go down to about 1.5740 - fib 38.2 on 4H TF or lower. And the maximum of downwards move is 1.5650. Then if the price will reach it, it is more likely to go up for about 100 pips. The Support/Resistance levels are: 1.6190, 1.6120, 1.5990, 1.5840, 1.5730, 1.5640, 1.5550, 1.5430 and 1.5340 This is technical analysis and for getting more pips or to avoid loses watch to news, for this please watch the real-time news and follow me on twitter to catch some of fresh ideas and forex signals, and subscribe to my blog for daily currency forecast on forex market.
(Current Price: 1.5864)

AUD/USD

My setup on $AUDUSD


USD/CHF

My setup on $USDCHF


For real-time signals and my personal orders during the day on $EURUSD(and all other main pairs) follow my twitter account.
Follow jackforex on Twitter
Subscribe to my Daily Currency Forecasts by Email for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.



14 comments:

gauriojha said...

I admire the valuable advice you make available in your expertly written content. I want to thank you for this(
Tips on Best Stock Advisory in India) informative read; I really appreciate sharing this great.

Anonymous said...

Hello!

My name is Julia. I represent InstaForex Companies Group - http://www.instaforex.com – the Best Broker in Asia according to the results of World Finance Awards and international exhibition ShowFx Asia http://www.instaforex.com/awards.php.

We would like to offer you our special partnership program, that will provide you with the best conditions compared to other IB Programs.

We will be glad to discuss the details and establish mutually advantageous cooperation!

Best regards,
Manager for business development
InstaForex Companies Group
julia.neverova@instafxgroup.com
http://instaforex.com

iForex Signals said...

You really make it appear really easy together with your presentation but I find this topic to be really something which I think I would by no means understand.

Richa Jain said...

I have been looking for such information that i found in your article.all
EQUITY TIPS forex tips are usefull for me

Richa Jain said...

i really agree with this article. we can see the other sight about retire early. yes, we have to have a planMCX TIPS. whatever it takes.

imran khan said...
This comment has been removed by the author.
neha porwal said...
This comment has been removed by the author.
neha porwal said...
This comment has been removed by the author.
Imran Khan said...

Thank you for sharing your info. Forex trading tipsI really appreciate your efforts and I will be waiting for your next post thanks once
again

Simran Roy said...

Great reviews you shared ans signals are quite interesting Best Tips Company its become easy to understand about forex trading.

Imran Khan said...

I read your blog and its informative, Epic Research indoreIndia giving updates on market trading.

Fendy Chia said...

I appreciates your efforts for sharing such a nice forex news with us, keep sharing Forex Trading Signals and more updates.

Imran Khan said...

Thanks for shared informative facts, i was looking forForex Signals Pricing and it's too good,keep it up.

John Smith said...

Thank you for sharing such wonderful and interesting article about Forex weekly update.


Best Forex Forecaster

Post a Comment

 
Design by Free Wordpress Themes | Bloggerized by Lasantha - Premium Blogger Templates