4xForecaster

4xForecaster

Friends, Today's price action offered a significant technical event in the form of a channel breakout to the upside, as a bearish channel upper border imposed very little resistance against a bullish push. Question remains: Are we looking at higher highs? First, my system has now given up its bearish directional signal, as it turned to an early bullish market...

4xForecaster

Friends, Last January 30th, 2014, I offered an abysmal target defined as "TG-Low = 29.3 - 30 JAN 014" based on a prop forecasting system. In the interim, I also posted several technical comments of underlying pattern development, such as this Bearish Wolve Waves, while price continued to carve new higher highs. All this rallying occurred within the confines of a...

4xForecaster

Friends, As price continues to move in the way of our forecast, I have made some adjustment across the technical landscape. First, our primary target, defined last March 9th, 2014 ("TG-1 = 1.36707 - 29 MAR 2014") got hit dead-on, right at the tip of the current 4-hour candle, as price more of less followed the anticipated pathway laid out by the blue arrows,...

4xForecaster

Friends, I just posted a recap of the analysis and forecast as price action is nearing the initial target defined on March 26th, 2014, namely - See original forecast here: and today's recap: . A closer look at the chart and a review of the recent fundamental data support an interim price retracement scenario, although I expect that it will do nothing to...

4xForecaster

Friends, Exactly 7 days ago, my proprietary predictive analysis and forecasting system defined a bullish channel as "TG-1 = 0.89792 - 26 MAR 2014" at the time when price's 4-hour candle had just broken through the 0.88500 level. Since then, price action has remained in pace with the target, and it did so with support of the channel projected at the time of the...

4xForecaster

Friends, Price continues to roll down the shoulders, so to speak, as forecast at the end of March - See original analyses here: 1 - Defining Bearish Targets (8 days ago) - 4-Hour Chart: - 2 - Carves New Structure Low (5 days ago) - 4-Hour Chart: - 3 - The Technical Context (14 Hours ago) - Daily Chart: - As price nears our target, shifting from a...

4xForecaster

Friends, If you have followed the predictive analyses and forecasting for this crypto-currency, then you received the most recent bearish target, with a floor defined at 408.87 - Here are a few for your review: 1 - Following significant rally, a low 554.65 target is defined (29 days ago) - 2 - Bearcoins are back (6 days ago) - 3 - Defining BEARISH...

4xForecaster

Friends, ---------------------------------- Read on for target on Gold, Silver, Copper ... ---------------------------------- As of last March 27th, I released abysmal targets, and despite a short adverse excursion that would take my initial position out, I was able to reenter at a fraction of a pip higher (0.92729 on March 31st, compared to 0.92724 on March...

4xForecaster

Friends, There are infinite ways to look at price action, from simple market geometries such as parallel lines creating channels, to AB=CD symmetrical projections, to 1.618-Fib derived projections, to advanced patterns and other occult geometries. Question though, remains: Are we capable to forecast price action reliably? In this WEEKLY view of the EURUSD,...

4xForecaster

Friends, A quick commentary here on the potential temporary unwinding of USDJPY. Predictive analysis and forecasting, combined with proprietary pattern are lining up near 102.550. OVERALL: Although the grand scheme remains bullish Dollar, an interim unwinding to the downside is not excluded. A break of 103.428 floor would open up to 102.940. However, as...

4xForecaster

Friends, The USDollar index may stand to benefit from global currency devaluations, as each sovereign monetary policy may attempt to defend their economies in a way that could prop the USD up. However, the US Dollar index itself has remained mute in my system in terms of expressing any directional intention. Instead, only through Gold and positively correlated...

4xForecaster

01 APR 2014 - Synopsis: - USDollar index strengthens - USDJPY moves towards defined target - Copper rises in relief rally, limited to 3.149 Friends, Just about a month ago, my predictive analysis and forecasting system posted a bullish signal indicating a market reversal to the upside, as well as two lofty targets, namely: 1 - TG-1 = 104.095, moderate...

4xForecaster

Friends, Following a consolidation, a break of the recent structure low invited price to revisit prior lows, as price action continues to roll down. Predictive analysis and forecasting has defined the following probable levels of support: 1 - 438.82, moderate probability of offering support/reversal 2 - 425.37, high probability of offering...

4xForecaster

Friends, Looking at the EUR/USD pair, there are several technical reasons to forge a bearish bias, or to the very least reconsider any bullish contemplation. PREDICTIVE ANALYSIS/FORECASTING RESULTS: First, my predictive analysis and forecasting system confirmed a BEARISH market reversal signal on March 25th. At that time, price was hovering around 1.3806....

4xForecaster

Friends, So far price has move in the predicted direction defined on March 08th, 2014, and in that process hit both bullish targets defined that day as "TG-1 = 0.85950 - 08 MAR 2014" and "TG-2 = 0.86656 - 08 MAR 2014" - Here is the original NZDUSD chart, analysis and forecasting: . At this point, the analysis on the long-term outlook remains unchanged, except...

4xForecaster

Trade Opp: Entered Short @ 0.92724 SL @ 0.92984 TP @ 0.88221 Prop pattern = JANUS Background Pattern = EUCLID Structure/Obstacles - Defined by rev-eng. (highly speculative) - 0.91222 - 0.90162 - 0.89090 (Correlate well with predictive analysis and forecasting system) NOTE: Further trade management is left at the discretion of the mature, experienced trader...

4xForecaster

Friends, Last January 29th, I defined potential long-term bearish targets at 474.07 and 403.15, given a cautionary overhead resistance characterized in the chart by the pink-colored range. In the interim, price has mounted a bullish force as it continues to strive to that range. As of today, a short-term bullish market reversal confirmation occurred, also...

4xForecaster

Friends, As I posted an update on this Bitstamp's BTCUSD, a floor was identified by my predictive analysis and forecasting system at 474.10 earlier today. See in this prior analysis how that target got hit dead-on: www.tradingview.com At this point, we should expect a relief rally in price. Overhead resistance exists at two levels, one at a structural 541.00, a...