4xForecaster

$NZD vs. $USD Nears Geo's Point-5; Target at 0.77934 #forex

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Background geometry calls for a Point-5 definition along its 1-3 Line. By definition, this is often associated with a retracement back along the geo's 1-4 Line.




Predictive/Forecasting Model indicates a generally BULLISH outlook, taking aim at its most proximal quantitative target at 0.77934. An interim retracement in the order of 0.382 to 0.618-Fibonacci might occur, but loftier qualitative targets are also lurking and expected to be visited - The targets are defined as follows:

1 - TG-1 = 0.77934 - 22 APR             2015: Quantitative Target = High-Probability hit; Low prob. reversal

2 - TG-Hi = 0.79490 - 22 APR             2015: Qualitative Target = Low-Prob. Hit; High prob. reversal

and

3 - TG-Hix = 0.80497 - 22 APR             2015; Qualitative Target = Very Low-Prob. Hit; Very High prob. reversal
David Alcindor
Alias: 4xForecaster

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30 JUN 2015 - UPDATE:

From twitter/LinkedIn:
----------
$NZDUSD - Watch for nascent Geo's OffSet Rule to stomp rally at level of Point-4 = 0.68763:



$NZD $USD #RBNZ #forex
----------





David Alcindor
+2 Reply
iefan 4xForecaster
Thank you David, ah yes the ab-cd.....I must remember to look for that. A quick question. Is the NZD expected to rise because it is strengthening or is its rise because of weakness in the USD? I'm just trying to determine if one can use that kind of information to also expect a rally from the GBPUSD pair back into resistance, or is it expected that weakness in the GBP will see that pair continue to decline? I'm not sure if I'm clear enough with my question....do you get what I'm asking?

Kind regards


Iefan
+1 Reply
Hello @iefan, sorry I missed your question (wow, 22 days ago!). The answer to your question tends to reveal itself in the fundamentals AFTER the fact, while the fact remains the chart. In other words, in my perspective, it rose simply because my model is calling for a rise, and the geometry is calling for a rally, and these are what has been expected way before any fundamental release, whether one believes that technical analysis discounts the fundamentals or not.

In the case of the Predictive Model, it has been calling for a rallying for quite some time, but as the charts have proven, the 60-minute as well as 4-hour charts have lacked the precision that I would expect, which in the case of the Model's protocol signifies that higher-level players are controlling price.





In this chart, which is nothing too different than what I had posted in recent analysis (I changed the timeframe to clean lines up), the Geo remains the same, and the principle that should impact on price action and target remain unchanged (here, we are dealing again with the Geo's rallying off of its 5-prime ectopia, thus defining price level corresponding to Point-4 as the next highest probable level of attainment).

As this geometry unfolds in the background, the foreground and preponderant measure remains that of the Predictive/Forecasting Model, which remains intent on its long-term targets, which have been forecast sometimes ago.


David
+2 Reply
30 JUN 2015 - UPDATE:

Tech-Note: $NZDUSD is falling slightly lower, validating the 5-prime defining line. A rallying from this level would probably be limited to the price level corresponding to Point-4 per Off-Set Rule:





David Alcindor
+3 Reply
iefan 4xForecaster
30 June 2015

$NZDUSD

Hi David,

On a lower TF this Geo may indicate the start of the reversal?
+1 Reply
Hello @iefan - I have not looked at it at this level, but it does look promising - However, taking a second look at it, there is a small refinement that could go into this geometry ... See update on this chart I am posting in a few seconds, using your timeframe ... Coming up next.

Again, great find Iefan!

David
+2 Reply
28 JUN 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$NZDUSD hit target on watch at 0.67888; Signals a high-probability reversal; Bullish targets intact:



$USD $NZD
----------





David Alcindor
+3 Reply
26 JUN 2015 - UPDAT:

From Twitter/LinkedIn:
----------
$NZDUSD nearing significant level @ 0.67888 per Predictive/Forecasting Model:



$USD $NZD #RBNZ #forex
----------





David Alcindor
+2 Reply
15 JUN 2015 - UPDATE:

From Twitter/LinkedIn:
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$NZDUSD dwells at 0.69695, corresponding to a significant #fibonacci 1.618 extension:



$NZD $USD #RBNZ #forex
----------





David Alcindor
+5 Reply
birolguner 4xForecaster
thank you..
Reply
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