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  1. EUR/USD Forecast 18 June 12

    by
    TheGeekKnows
    , 06-17-2012 at 11:25 AM
    [B]Simultaneous Release at
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    [/B]
    Good day forex traders.

    In the previous EUR/USD forecast we noted that the SMAs were still bearish. Having said so the SMA 20 had signs of a slow down due to the consolidation in the region. Fundamentally we noted that Spain had decided to seek international assistance regarding it’s ailing banks. China scores a goal with improved economic performance thus a short term rally might happen.

    [B]Technical Analysis[/B]

    Looking at the EUR/USD chart above, we noted a sharp dip followed by a bullish ...
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  2. EUR/USD Forecast 11 June 12

    by
    TheGeekKnows
    , 06-10-2012 at 11:49 AM
    [B]Simultaneous Release at
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    [/B]
    Good day forex traders.

    In the previous EUR/USD forcast we noted continued bearish indications from our SMAs. Nonetheless the previous lows in the region might serve as a support. Fundamentally, speculations of a Spain bailout was strong and the US prints a worst than expected US Non-Farm Payroll.

    [B]Technical Analysis[/B]

    Looking at the EUR/USD chart above, we noted that the region did serve as a support. I LOVE IT WHEN MY CHART WORKS! Sometimes i cannot tolerate myself for shamelessly ...
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  3. EUR/USD Forecast 4 June 12

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    TheGeekKnows
    , 06-04-2012 at 05:16 AM
    [B]Simultaneous Release at
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    Good day forex traders.

    In the previous EUR/USD forecast we noted continued bearish momentum and the currency pair looked set to test 1.24. On the fundamental side we noted the possibility of a common Euro zone bond but looking at the track record of the Euro Zone, i was not convinced that a solution would be decided so soon.

    [B]Technical Analysis[/B]

    1.24 was taken down. I LOVE IT WHEN MY CHARTS WORK. Thanks for bearing with my shameless self praise

    SMA 20 = Bearish
    ...
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