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EUR/USD 1st of November

Redstar Posted 20 Sep. as Analysis on EUR/USD, Target: 1.3670, Date: 1st of November, 12:00 GMT  in #Technical analysis #USD #Dollar #Forex #Euro #Forecast #EUR/USD #Profit #November
Price looks to retrace a bit after strong momentum reaching overbought state, correction should be in the range between 1.3400 and 1.3330. Before going bullish again for the final target.
An AB=CD pattern starting from mid July and time-extended by x1.618 predicts price to hit a supply zone in the range between 1.3800 to 1.3900.
With this in mind, this should leave price somewhere between 1.3650 and 1.3700 on the 1st of November.
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Maria_r avatar
Maria_r 28 Oct.

+1

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Redstar 31 Oct.

EUR/USD is 1.366 now, I hope it stays very close to my target :)

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USD/CHF hits 0.9484 on the 1st of August

Redstar Posted 25 June as Analysis on USD/CHF, Target: 0.9484, Date: 1st of August, 12:00 GMT  in #Technical analysis #USD/CHF
Prices found support at a support line all the way back from January 2013 swing low and moved higher, taking out the 23.6% Fibonacci retracement at 0.92964. The bulls now aim to challenge the 0.9400 price, with a push beyond that eyeing the 50% level at 0.94835. This push is also supported, three lines almost intersect in the chart. The time marker line at 1st of August, the Fib level @ 50.0%, and the support channel line. Therefore, I predict a price range between 0.946 and 0.95The Stochastic i…
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