Forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD & dollar index

STRATEGIST

Private, 1st Class
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3
EUR/USD, Weekly Forecast, 16 - 20 December
Main scenario:
The pair is trading along an uptrend.
Uptrend continuation I'm not expecting, because of too much strong resistances levels on 1.3800, 1.3850, 1.3920.

Alternative scenario:
An downtrend is started from resistance level 1.3800, which will be followed by moving down to support level 1.3575.

S/R levels:
Resistances: 1.3800 (strong), 1.3850 (strong), 1.3920 (strong)
Supports: 1.3650, 1.3575 (strong)






GBP/USD, Weekly Forecast, 09 - 13 December
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.6400, which will be followed by reaching support level 1.6170, 1.6040.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6400, which will be followed by moving up to resistance level 1.6600.

S/R levels:
Supports: 1.6170 (strong), 1.6040 (strong)
Resistances: 1.6400 (main), 1.6470, 1.6600 (strong)





GOLD, Weekly Forecast, 16 - 20 December
Main scenario:
The pair is trading along an sideways trend.
The uptrend may be expected to continue while pair is trading above support level 1222, which will be followed by reaching resistance level 1251.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1222, which will be followed by moving down to support level 1200.

S/R levels:
Supports: 1233, 1222 (main), 1208, 1200
Resistances: 1251 (strong), 1270 (strong)

 
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