Answers to the "Chances Test" @ Do Forex prices move randomly ?

[mishak]

Do Forex prices move randomly ?

Answers to the Test offered here

1. Difficult to say. One will estimate beeter chances for Euro to go up. Another - to go down.
Generally speaking chances are < 50% (there is a small probability that the price in an hour will be the same).

2. same as 1.

3. almost 100% (look explanation in 1)

4. chances for A are the same as for B. But different people may have bias for uptrend or downtrend.

5. Generally speaking chances for B are better than for A because B is closer to the current price. Again, may depend on the one's market view.

6. Chances for B are definitely better than for A.
If price will go +20 pips it may or may not go further to +50 pips.
If price does not reach +20, it will not reach +50 for sure.

7. Looking at the past one can see that 1.1650 was a support level for a few hour. Some people will believe that this level may serve as the support again. Therefore chances that Euro will bounce back again from this level are better than 50%.

What do you think ?