EUR/USD PREDICTION FOR 6TH APRIL-10TH APRIL/2015

This prediction is only based on Weekly open, High, Low and Close. And based on Weekly camarilla only. Should not think this prediction as accurate. We must refer bollingerbands and 50 moving average in 1 hour chart. When middle bollinger band crossed over at 50 moving average, we will know, where market will be going.

According to previous weekly open, high, low and close:-

Previous Week,s Open    = 1.0880

             
Previous Week,s High    = 1.1024


Previous Week,s Low     = 1.0713

Previous Week,s Close   = 1.0994

Horizontal Line Blue Colour         - Previous Week,s High

Horizontal Line Orange Colour     - Previous week,s Close

Horizontal White Colour               - Previous Week,s Open

Horizontal Line Red Colour          - Previous Week,s Low


Now judging from the chart, we can say that Eur/usd should go higher after touching previous week,s open or after crossing weekly,s close by 20 moving average, since  previous week,s high and close is very near to each other.  Zigzag also should reached to previous weekly,s open, We just need to wait what will happen Tuesday to Friday.

In addition to the Previous Week,s Open, High, Low and Close, We can add the Previous Week,s Daily,s Close.

Again, according weekly,s camarilla, Eur/usd supposed to go up

Resistant 3  = 1.108


Resistant 2  = 1.1051


Resistant 1  = 1.1023



Pivot        = 1.0911



Support   1  = 1.0965


Support   2  = 1.0937


Support   3  = 1.0908

Judging from the camarilla chart, we can say that eur/usd should go higher up to Resistant 3. Just we need to wait for crossing of 20 moving average at Support 1 or Resistant 1.

Note:- If the 20 moving average crossed down previous week,s open price/line or weekly,s camarilla,s pivot point, eur/usd should go lower. Or, if the middle bollinger band crossed down at 50 moving average, eur/usd should go lower.

So for confirmation, we should wait upto Tuesday to Wednesday atleast.