UPDATE: Signals for november at http://hubpages.com/hub/Forex-signals-for-november

This hub is specially made for forex signals in the fourth week of october dated from 26/10 to 30/10. i will provide my predictions for important pairs and will update this hub each day according to how things will turn out. If any currency pair you wanna trade on but not mentioned here u can leave ur message in comments and i will answer your question as soon as possible.

DISCLAIMER: There is no guarantee that signals provided by me will always be right.

Here we go, what an adventerous week was the last one for GBP. GBP/maintained a good hold from monday to thrusday but the fundamental report on GDP on friday, changed the game. The expected GDP should be 0.2% but in actual turn out to be -0.4% which means blunder for GBP. GBP/USD suddenly fall 200 pips in 1 hour on friday which was heart attack for the BUYers.

From techanical point of view GBP/USD fall from, nearly same, previous high which means formation of double top which signifies a fall. An image is attached where a red horizantal line is drawn to show the double top.

From last few weeks EURO is maintaining a hard stand on world economy. Last weeks fundamentals are not that good for EURO and trend will be same for next fews days to come. USD is gaining and moving strength by strength. Hence for first quarter of this week will go in favor of USD as far as EUR/USD is concerned.

so, a sell looks good in case of eur/usd.

so,

EUR/USD: sell at 1.5060 

target: 1.4949                                  TARGET ACHIEVED

stoploss: 1.5080

AUD/JPY, is not that famous a pair, but still can gave u like 50-100 pips. I usually don't trade on that pair but i saw a certain pattern of Elliot waves which clearly suggesting a BUY position. AUD is gaining strength week by week and become interesting to trade on. Without wasting time here are my positions at start of next week for AUD/JPY.

BUY at 84.40

Stoploss: 83.85

profit target 1 : 85.32

profit target 2: 85.60

As we all know USD gains last friday as far as fundamentals in housing industry and it will continue to gain this week too. Its BUY time for USD.

BUY: 1.0532

stoploss: 1.0480                          Both TARGETS ACHIEVED

profit target1: 1.0604

profit target 2: 1.0643