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EURUSD PRICE FORECAST FOR MAY 1ST 2015

alifari Posted 31 Mar. as Analysis on EUR/USD, Target: 1.1000, Date: 1st of May, 12:00 GMT  in #Technical analysis #EUR/USD
EURUSD: After a massive down move, we have seen some buying interest at 1.0450 level and price moved higher around 600 pips. Currently price is slowly coming down again to retest the daily demand zone between 1.0650 - 1.0450. I am expecting this demand zone to hold on any retest and a bullish move into 1.1150 level in coming weeks. Price target for May 1st 2015 is 1.1000.
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alifari 11 Apr.

UPDATE 1: This week price retested the H4 demand zone between 1.0570 to 1.0600 and we have seen a bounce of about 70 pips from this zone, which indicate that some buying interest is gathering at this zone. The 1.0613 level is an important level as the last sharp bullish move was initiated from this level. If price come back and stays above this level that would certainly make a case for further bullish movement in coming days.

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alifari 21 Apr.

UPDATE 2: As predicted last week the demand zone held and we have seen bullish move of about 325 pips on this pair. Although in last couple of days price retraced about 50%, but the price structure suggest price is all set to retest resistance at 1.1039 by end of month.

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alifari 27 Apr.

UPDATE 3: Last week the bullish momentum continued on this pair as there was lot of buying interest at 1.0650 level. On hourly chart price continues to make higher highs and higher lows and the resistance at 1.1032 is expected to hit this week. At present price is around 1.0900 level and about 100 pips shy of my target of 1.1000.

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alifari 1 May

FINAL UPDATE: We have seen a massive bullish run this week and price continued towards daily supply zone at 1.1200 to 1.1270 zone. Although price finished much higher than my predicted target, but overall the prediction was spot on as the price move pretty much the way I predicted.

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EURUSD PRICE FORECAST FOR 2ND JANUARY 2014

alifari Posted 30 Nov. as Analysis on EUR/USD, Target: 1.2271, Date: 2nd of January, 12:00 GMT  in #Technical analysis #EUR/USD
Since May 2014 this pair had a massive drop of around 1550 pips from the high of 1.40 level towards 1.2450 level. I am expecting price to drop further towards 1.2100 level and a retrace back towards 1.2300 level.
TARGET 1.2271
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alifari 24 Dec.

UPDATE 1: The price action on EURUSD is pretty much replicating the path predicted in my Weekly Charts. In the first week of December the pair dropped 250 pips from 1.2500 level to 1.2250 level, where we saw lot of buying interest and they pushed price higher towards daily supply zone at 1.2550 to 1.2570. The daily supply zone held and price dropped around 400 pips with momentum and broke out the support at 1.2250 level. EURUSD is all set to test Weekly demand zone at 1.2100 - 1.2130 in next few days, where we could expect some buying interest.

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alifari 28 Dec.

UPDATE 2: We have seen some retracement and buying interest at 1.2160 level and price popped up around 60 pips, but that move was quickly reversed as bearish trend still intact. Next two important support level are 1.2135 and 1.2040. However, price might retrace and retest broken support level at 1.2150 before going down towards those support levels. At present price is about 94 pips lower than my projected target.

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alifari 30 Dec.

UPDATE 3: On H1 chart price continues to make lower lows and drifting towards 1.2100 level. There was a hint of buying interest at Weekly support level at 1.2125 and price popped up around 60 pips, but the bullish momentum was quickly reversed. Price might make another attempt to test H4 SR level at 1.2250. Current closing price is 1.2160 which is about 111 lower than my projected target of 1.2271.

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EURUSD PRICE FORECAST FOR AUGUST 1ST 2014

alifari Posted 30 June as Analysis on EUR/USD, Target: 1.3694, Date: 1st of August, 12:00 GMT  in #Technical analysis #Forecast #Eurusd #EUR/USD #Price
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 1.3480 for 1st August 2014
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EURUSD PRICE FORECAST FOR 2ND JUNE 2014

alifari Posted 30 Apr. as Analysis on EUR/USD, Target: 1.365, Date: 2nd of June, 12:00 GMT  in #Technical analysis #Analysis #Forecast #Technical #EUR/USD
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) H4 Chart
Price Target 1.3650 for 2nd June 2014
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alifari 11 May

Update 1: Price breached the daily supply zone for a short while and hit 1.3990 level where there was heavy selling and price dropped almost 250 pips in two days. The bearish trend should continue in coming days, however we could see some shallow retracements to get more sellers on board.

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alifari 28 May

Update 2: There was no selling interest and no real retracement and price dropped another 160 pips since my last update. Price is currently at daily demand zone 1.3600 - 1.3580. If buyers step in we could see a retracement into 1.3675 level in next few days. Price is currently about 40 pips below my target.

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EURUSD PRICE FORECAST FOR 1ST APRIL 2014

alifari Posted 28 Feb. as Analysis on EUR/USD, Target: 1.4000, Date: 1st of April, 12:00 GMT  in #Technical analysis #Support #Resistance #EUR/USD #Demand #Supply
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 1.4000 for 1st April 2014

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EURUSD PRICE FORECAST FOR 3RD MARCH 2014

alifari Posted 30 Jan. as Analysis on EUR/USD, Target: 1.3400, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Support #Resistance #EUR/USD #Demand #Supply
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 1.3400 for 3rd March 2014

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EURUSD PRICE FORECAST FOR 3RD FEBRUARY 2014

alifari Posted 31 Dec. as Analysis on EUR/USD, Target: 1.3395, Date: 3rd of February, 12:00 GMT  in #Technical analysis #Support #Resistance #EUR/USD #Demand #Supply
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 1.3395 for 3rd February 2014
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alifari 19 Jan.

Update: Price is slowly but surely heading down to my target of 1.3395 and currently only 140 pips shy of target. We have seen some selling interest again this week and looks like buyers are loosing steam, hence good chance of price going further down next week.

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alifari 30 Jan.

Update 2: Last week we have seen a massive bullish bar which turned out to be a fake out and thereafter price reversing down hard. Price is currently at daily demand level at 1.3550. If this area doesn't hold next support level is at 1.3400.

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EURUSD PRICE FORECAST FOR 2ND JANUARY 2014

alifari Posted 30 Nov. as Analysis on EUR/USD, Target: 1.3290, Date: 2nd of January, 12:00 GMT  in #Technical analysis #EUR/USD
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) Weekly Chart
Price Target 1.3290 for 2nd January 2014
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alifari 16 Dec.

Update: EURUSD is currently consolidating between 1.3700 & 1.3800 and support at 1.3700 holding for now. However, we have FOMC news this week, which could create high volatility and as such I am expecting price to break this support and go lower to 1.3500 level.

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EURUSD PRICE FORECAST FOR 2ND DECEMBER 2013

alifari Posted 31 Oct. as Analysis on EUR/USD, Target: 1.3130, Date: 2nd of December, 12:00 GMT  in #Technical analysis #EUR/USD
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) Weekly Chart
Price Target 1.3130 for 2nd December 2013

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EURUSD PRICE FORECAST FOR 1ST NOVEMBER 2013

alifari Posted 30 Sep. as Analysis on EUR/USD, Target: 1.3130, Date: 1st of November, 12:00 GMT  in #Technical analysis #EUR/USD
EURUSD: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Daily Chart
2) Weekly Chart
Price Target 1.3130 for 1st November 2013
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Nadin5794 30 Sep.

http://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=5686

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alifari 7 Oct.

Update 1: We have seen some selling interest at 1.3645 and price dropped around 100 pips. 4 hour demand zone at 1.3540 pushed price higher again and we had a retest of this demand zone. I am expecting price heading towards 1.3700 area by end of this week.

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alifari 20 Oct.

Update 2: Price remain on consolidation between 1.3460 and 1.3600 since last few days and price finally broke upside to retest daily resistance at 1.3700. I am expecting some heavy selling between 1.3700 and 1.3750 zone this week taking EURUSD down for about 200 to 250 pips.

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