EUR/USD, GBP/USD, GOLD - Forecast by Anton Kolhanov

[Anton Kolhanov]

EUR/USD: we have risk of downtrend to 1.1085 with break down of 1.1215
Main scenario:
The pair is trading along an sideways trend between support 1.1215 and accumulation of resistance levels 1.1330 - 1.1380, that can be testing now in the second time.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1215, which will be followed by moving down to support level 1.1085.

GBP/USD: wtih further break up of 1.4630 uptrend will continue to 1.4815
Main scenario:
The pair is trading along an local uptrend with target on 1.4630 - 1.4600, from that we can expect rebounding to support level 1.4450.
Certain downtrend will start as soon, as the pair drops below support level 1.4450, which will be followed by moving down to support level 1.4360 and then to 1.4240.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.4630, which will be followed by reaching resistance level 1.4815.

GOLD: further break down of 1176 will start downtrend to 1162
Main scenario:
The pair is trading along an sideways trend between support 1176 (where now is going) and resistance 1200.
The uptrend may be expected to continue in case the market rises above resistance level 1200, which will be followed by reaching resistance level 1222.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1176, which will be followed by moving down to support level 1162 and then to 1142.

 

[Anton Kolhanov]

EUR/USD: with break down of 1.1290 will start downtrend to 1.1205
Main scenario:
The pair is trading along an sideways trend between support 1.1290 and main resistance level 1.1380.
An downtrend will start as soon, as the pair drops below support level 1.1290, which will be followed by moving down to support level 1.1205.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.1380, which will be followed by reaching resistance level 1.1475.

GBP/USD: trading sideways between 1.4360 and 1.4535
Main scenario:
The pair is trading along an sideways trend between support 1.4360 and resistance 1.4535.
An downtrend will start as soon, as the pair drops below support level 1.4360, which will be followed by moving down to support level 1.4240.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4535, which will be followed by moving up to resistance level 1.4630.

GOLD: uptrend is continue with target on 1282
Daily forecast
Main scenario:
The pair is trading along an uptrend with target on 1282 and its may be expected to continue, while pair is trading above support level 1238.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1238, which will be followed by moving down to support level 1222.

 

[Anton Kolhanov]

EUR/USD Weekly forecast, Mar 14 - 18: dowtrend to 1.1010
Main scenario:
The pair is trading along an downtrend with target on 1.1010, that may be expected to continue, while pair is trading below resistance level 1.1215. Also downtrend may be expected to continue in case the market drops below support level 1.1010, which will be followed by reaching support level 1.0840.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1215, which will be followed by moving up to resistance level 1.1375.

GBP/USD, Weekly forecast, Mar 14 - Mar 18: sideways trend between support 1.4210 and resistance 1.4450
Main scenario:
The pair is trading along an downtrend with target on 1.4210, that may be expected to continue, while pair is trading below resistance level 1.4450. ALso downtrend may be expected to continue in case the market drops below support level 1.4210, which will be followed by reaching support level 1.3875.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4450, which will be followed by moving up to resistance level 1.4660.

GOLD, Weekly forecast, Mar 14 - 18: sideways trend between 1237 - 1287
Main scenario:
The pair is trading along an sideways trend between support 1237 and resistance 1287.
An downtrend will start as soon, as the pair drops below support level 1237, which will be followed by moving down to support level 1211 and 1190.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1287, which will be followed by reaching resistance level 1318.

 

[Anton Kolhanov]

EUR/USD, 03.28.16: possible correction to 1.1250
Main scenario:
Market is trading in sideways trend and rebounding from support level 1.1250 to resistance 1.1325.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1250, which will be followed by moving down to support level 1.1175.

GBP/USD, 03.28.16: potential of correction to 1.4240
Main scenario:
The pair is trading along an sideways trend between support 1.4055 and resistance 1.4150.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4150, which will be followed by moving up to resistance level 1.4240 - 1.4290.

GOLD, 03.28.16 : downtrend to 1208
Main scenario:
The pair is trading along an downtrend with target on 1208.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1222, which will be followed by moving up to resistance level 1237.

 

[Anton Kolhanov]

EUR/USD, 03.31.16: downtrend to 1.1160
Main scenario:
The pair is trading along an downtrend with target on 1.1250 and 1.1160, that may be expected to continue, while pair is trading below resistance level 1.1375.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1375, which will be followed by moving up to resistance level 1.1470.

GBP/USD, 03.31.16: downtrend to 40.60
Main scenario:
The pair is trading along an downtrend with target on 1.4180 and then to 1.4165, that may be expected to continue, while pair is trading below resistance level 1.4500.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4500, which will be followed by moving up to resistance level 1.4660.

GOLD, 03.31.16 : sideways trend between 1216 - 1243
Main scenario:
The pair is trading along an sideways trend between support 1222 - 1216 and resistance 1243.
An downtrend will start as soon, as the pair drops below support level 1216, which will be followed by moving down to support level 1190.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1243, which will be followed by moving up to resistance level 1260.

 

[Anton Kolhanov]

EUR/USD, Weekly forecast, Apr 4 - 8: trading on key resistance level 1.1440
Main scenario:
The pair is trading along an sideways trend between support 1.1315 and resistance 1.1440.
An downtrend will start as soon, as the pair drops below support level 1.1315, which will be followed by moving down to support level 1.1100.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1440, which will be followed by moving up to resistance level 1.1710.

GBP/USD, Weekly forecast, Apr 4 - 8: sideways trend between 1.410 - 1.4450
Main scenario:
The pair is trading along an sideways trend between supprt 1.4110 and resistance 1.4450.
The downtrend may be expected to continue in case the market drops below support level 1.4110, which will be followed by reaching support level 1.3900.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4450, which will be followed by moving up to resistance level 1.4815.

GOLD, Weekly forecast, Apr 4 - 8: downtrend with target to 1190
Main scenario:
The pair is trading along an sideways trend between support 1208 and resistance 1225.
An downtrend will start as soon, as the pair drops below support level 1208, which will be followed by moving down to support level 1190.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1225, which will be followed by moving up to resistance level 1241 and 1260.

 

[Anton Kolhanov]

EUR/USD, 04.06.16: sideways trend between 1.1315 and 1.1400
Main scenario:
The pair is trading along an sideways trend between support 1.1315 and resistance 1.1400.
An downtrend will start as soon, as the pair drops below support level 1.1315, which will be followed by moving down to support level 1.1250.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1400, which will be followed by moving up to resistance level 1.1440 and 1.1545.

GBP/USD, 04.06.16: downtrend to 1.3975
Main scenario:
The pair is trading along an downtrend with target on 1.3975, that may be expected to continue, while pair is trading below resistance level 1.4150.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4200, which will be followed by moving up to resistance level 1.4380.

GOLD, 04.06.16 : sideways trend between 1223 - 1236
Main scenario:
The pair is trading along an sideways trend between support 1223 and resistance 1236.
An downtrend will start as soon, as the pair drops below support level 1223, which will be followed by moving down to support level 1215 - 1209.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1229, which will be followed by moving up to resistance level 1226 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1247.

 

[Anton Kolhanov]

EUR/USD
Weekly forecast, Apr 11 - 15: trading on key resistance level 1.1440
Main scenario:
The pair is trading along an sideways trend between support 1.1315 and resistance 1.1470.
An downtrend will start as soon, as the pair drops below support level 1.1315, which will be followed by moving down to support level 1.0920.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1470, which will be followed by moving up to resistance level 1.1700.

GBP/USD
Weekly forecast, Apr 11 - 15: uptrend to 1.4380
Main scenario:
The pair is trading along an uptrend with target on 1.4380, that may be expected to continue, while pair is trading above support level 1.4120.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4120, which will be followed by moving down to support level 1.3900.

GOLD
Weekly forecast, Apr 11 - 15: rebounding from 1260 to support 1215
Main scenario:
The pair is trading along an sideways trend between support 1241 and resistance 1260.
An downtrend will start as soon, as the pair drops below support level 1241, which will be followed by moving down to support level 1215.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1260, which will be followed by moving up to resistance level 1282.

 

[Anton Kolhanov]

EUR/USD, 04.14.16: dowtrend with target on 1.1160
Main scenario:
The pair is trading along an downtrend with target on 1.1160, that may be expected to continue, while pair is trading below resistance level 1.1315.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1315, which will be followed by moving up to resistance level 1.1375.

GBP/USD, 04.14.16: downtrend to 1.3975
Main scenario:
The pair is trading along an downtrend with target on 1.4050 and 1.3975, that may be expected to continue, while pair is trading below resistance level 1.4200.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4200, which will be followed by moving up to resistance level 1.4275.

GOLD, 04.14.16: downtrend to 1215
Main scenario:
The pair is trading along an downtrend with target on 1215, that may be expected to continue, while pair is trading below resistance level 1240.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1240, which will be followed by moving up to resistance level 1254.

 

[Anton Kolhanov]

EUR/USD, 04.21.16: dowtrend with target on 1.1100
Main scenario:
The pair is trading along an downtrend with target on 1.1100, that may be expected to continue, while pair is trading below resistance level 1.1400.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1400, which will be followed by moving up to resistance level 1.1500.

GBP/USD, 04.14.16: downtrend to 1.4135
Main scenario:
The pair is trading along an downtrend with target on 1.4135, that may be expected to continue, while pair is trading below resistance level 1.4400.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4400, which will be followed by moving up to resistance level 1.4535.

GOLD, 04.21.16: rebounding from resistance 1260
Main scenario:
The pair is trading along an sideways trend between resisntance 1260 and support 1254.
An downtrend will start as soon, as the pair drops below support level 1254, which will be followed by moving down to support level 1240 and then to 1215.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1260, which will be followed by moving up to resistance level 1284.