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Old 04-23-2015, 07:59 AM   #17

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Re: High Probability Forecasts

Crude Oil established a key support level at 54 Dollars for a Barrel. While at this stage new highs can be expected in the mid/long term, it is very likely that 54 level will be tested once again.
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Old 04-23-2015, 09:23 AM   #18

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Re: High Probability Forecasts

NZDUSD in my view has confirmed the mid/long term downtrend. But now with the new cycle I think it will correct up slightly before the rally down begins. Id be looking for selling opportunities around 0.76 area.
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Old 04-23-2015, 07:10 PM   #19

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Re: High Probability Forecasts

The EURUSD just formed a double top that is confirmed by cyclic analysis. Next cycle should be down, ending on 14th of May and targeting rate of 1.0440.
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Old 04-23-2015, 07:11 PM   #20

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Re: High Probability Forecasts

There is very similar picture on GBPUSD if compared with EURUSD. Also formed a double top and also with the new cycle. GBPUSD should target 1.4830, with the cycle ending on 5th of May.
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Old 04-23-2015, 07:14 PM   #21

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Re: High Probability Forecasts

If we look at AUDUSD on Daily chart the cycle down has already begun on the 27th of March and should be ending on the 6th of May hhh almost the same as GBPUSD. Good trading to all!
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Old 04-24-2015, 08:49 AM   #22

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Re: High Probability Forecasts

I think it is obvious that there is significant support at 54 level and significant resistance at 58. At this point with the double top on the lower timeframe WTI has all chances to correct back to 54, after witch we might see uptrend continuation.
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Old 04-25-2015, 01:14 AM   #23

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Re: High Probability Forecasts

NZDUSD entered the downtrend cycle that could last approximately 2 months. As a target I see 0.7270 area. As it currently holding the resistance, there could be a good entry point presented early next week.
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Old 04-25-2015, 02:41 AM   #24

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Re: High Probability Forecasts

EURAUD cold accelerate growth mainly due to the AUD weakness. Trend up could continue for another 2 week targeting 1.4130, that makes it approximately 250 pips higher than current price.
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