My Daily Forex Prediction on Major Currencies

hi, james… like devin i want to thank you (again) for great posts.
i also want to know what devin asked, and i have a question of my own :slight_smile:
do you do longer term analysis (week or month, maybe), and if you do, and are willing to share it, what do you think the eur/usd will go from here (let’s say in next few days).
thanks very much and all the best in 2010! :slight_smile:

complicated means it is hard to predict, because it is not so clear (usually it caused by the big news or holiday that will happen in the next few hours)

I’m usually day trade (not long term trade), because the market often change everyday. So I’m avoid a long term trade. I’m predict the EUR/USD still have a chance to go up.

Thank you all :slight_smile:

James

Daily Forex Predictions for Jan 15, 2010
(update: 11:42am GMT+7)

EUR/USD
From around 1.440 or may be 1.4350, it is more likely to go up to around 1.45, and after that, it might have potentially to go down again.
(Current Price: 1.4414)

GBP/USD
It is complicated, we predict that it is more likely to go up to around 1.6380 or may bey 1.64, and after that, it might have potentially to go down to around 1.63 or 1.6250.
(Current Price: 1.6341)

(…)

Enjoy !

James

Daily Forex Predictions for Jan 18, 2010

EUR/USD
It is more likely to go up to around 1.44, and after that, it might have potentially to go down to around 1.43.
(Current Price: 1.4379)

GBP/USD
It is more likely to go up to around 1.6350, and after that, it might have potentially to go down to around 1.6250.
(Current Price: 1.6257)

(…)

Enjoy !

James

European stock markets rose Monday as speculation of a pickup in corporate dealmaking helped offset earlier losses in Asia and concerns about Greece’s budget problems.

futuresbasis.com/european-markets-lifted-by-corporate-deal-hopes

what do you think?

Daily Forex Predictions for Jan 19, 2010
(update: 10:26am GMT+7)

EUR/USD
It is complicated. May be it will go up to around 1.44, and after that, it might have potentially to go down to around 1.4340.
(Current Price: 1.4389)

GBP/USD
It is also complicated. May be it will go up to around 1.6450 or higher, and after that, it will go down. It depends on the UK CPI News that will happen in the next few hours.
(Current Price: 1.6410)

(…)

Enjoy !

Hi James…How do you predict the market?

I’m using a combination of technical and fundamental

Thanks

James

James you were within 15 pips of the high price! amazing! are you looking at major trend lines or volume indicators to predict market movements? The reason I ask is because your very accurate on the amount the market moves up until last night when it fell almost another 100 pip beyond what you were thinking. was that caused by the trade balance? Devin

Daily Forex Predictions for 20 Jan 2010
(Update: 11:06am GMT+7)

EUR/USD
From around 1.42, it is more likely to go up to around 1.43
(Current Price: 1.4213)

GBP/USD
It is more likely to go down to 1.63 or may be 1.6260, and after that, it might have potentially to go up to around 1.6350.
(Current Price: 1.6310)

(…)

Enjoy!

yeah I’m using trend and also other analysis

thank you

James

Daily Forex Predictions for Jan 21, 2010
(update: 10:42am GMT+7)

EUR/USD
It is more likely to go down to around 1.4040 or may be lower, and after that, it might have potentially to go up to around 1.41 or higher.
(Current Price: 1.4093)

GBP/USD
It is more likely to go down to around 1.6230 or may be lower, and after that, it might have potentially to go up to around 1.63.
(Current Price: 1.6264)

(…)

Enjoy !

are your predictions for whole day or just for after update time? sorry i’m very newbie to forex :smiley:

TO Dilshod: for whole day :slight_smile:

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Daily Forex Predictions For Jan 22, 2010
(update: 11:46am GMT+7)

EUR/USD
It is more likely to go up to around 1.4150 or may be 1.42, and after that, it might have potentially to go down to around 1.41.
(Current Price: 1.4123)

GBP/USD
It is more likely to go up to around 1.6250 or may be 1.63, and after that, it might have potentially to go down to around 1.62 or lower.
(Current Price: 1.6212)

(…)

Enjoy !

Daily Forex Predictions for Jan 25, 2010

EUR/USD
It is more likely to go down to around 1.41 or lower. Looking for the best price to enter Sell, may be around 1.4175.
(Current Price: 1.4137)

GBP/USD
It is more likely to go down to around 1.6040 or lower, and after that, it might have potentially to go up to around 1.61.
(Current Price: 1.6111)

(…)

Enjoy !

Hi James,

Would you be able to provide some brief rationale for your daily predictions, so we can learn and know the rationale for the daily ups and downs?

Maybe in point form, so that lengthy explanation is not necessary.

bingo time

Daily Forex Predictions for Jan 26, 2010
(update 10:26am GMT+7)

EUR/USD
It is more likely to go down to around 1.4070, and after that, it might have potentially to go up to around 1.4150.
(Current Price: 1.4116)

GBP/USD
It is more likely to go down to around 1.6170 or lower, and after that, it might have potentially to go up to around 1.62.
(Current Price: 1.6213)

(…)

Enjoy !

yeah would be more useful.