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

[STRATEGIST]

EUR/USD
Forecast weekly, september 12 – 16
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.3485, which will be followed by reaching support level 1.3110 - 1.2985.

An uptrend will start as soon as the pair rises above resistance level 1.3770, which will be followed by moving up to resistance level 1.4070 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.4400.

Resistances: 1.3485 (strong), 1.3110 - 1.2985 (strong)
Supports: 1.3650, 1.3770 (strong), 1.3975 - 1.4070 (strong), 1.4245, 1.4400 (strong)

GBP/USD
Forecast weekly, september 12 - 16
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5700, 1.5550 and 1.5435.

An uptrend will start as soon as the pair rises above resistance level 1.5960, which will be followed by moving up to resistance level 1.6050 and then 1.6275.

Resistance: 1.5960, 1.6050 (strong), 1.6275 (strong, target levels)
Support: 1.5800, 1.5700, 1.5550 (strong, target level), 1.5435

 

[STRATEGIST]

EUR/USD
Forecast weekly, september 19 – 23
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.3685, which will be followed by reaching support level 1.3455 and then 1.3110 - 1.2985.

An uptrend will start as soon as the pair rises above resistance level 1.3975, which will be followed by moving up to resistance level 1.4240 and then 1.4400.

Resistances: 1.3815, 1.3867, 1.4070, 1.4240, 1.4400
Supports: 1.3645, 1.3455, 1.3110, 1.2985

GBP/USD
Forecast weekly, september 19 - 23
The pair is trading along an downtrend.
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.5550 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.5435.

An uptrend will start as soon as the pair rises above resistance level 1.5800, which will be followed by moving up to resistance level 1.5960, 1.6050.

Resistance: 1.5765, 1.5800, 1.5960, 1.6050, 1.6275
Support: 1.5550, 1.5435

 

[STRATEGIST]

EUR/USD
Forecast weekly, september 26 – 30
The pair is trading along an downtrend.
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.3110 - 1.2985.

An uptrend will start as soon as the pair rises above resistance level 1.3525, which will be followed by moving up to resistance level 1.3875.

Resistances: 1.3460, 1.3525, 1.3590, 1.3700, 1.3790, 1.3875, 1.3975
Supports: 1.3400, 1.3110, 1.2985

GBP/USD
Forecast weekly, september 26 - 30
The pair is trading along an downtrend.
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.5100.

An uptrend will start as soon as the pair rises above resistance level 1.5550, which will be followed by moving up to resistance level 1.5800.

Resistance: 1.5550, 1.5665, 1.5800, 1.5960
Support: 1.5435, 1.5340, 1.5200, 1.5100

 

[STRATEGIST]

EUR/USD
Forecast weekly, october 24 – 28
The pair is trading along an uptrend.
The uptrend may be expected to continue from current levels, which will be followed by reaching resistance level 1.4000 and then 1.4115.

An downtrend will start as soon as the pair drops below support level 1.3735, which will be followed by moving down to support level 1.3590 and then to 1.3340.

Resistances: 1.4000, 1.4115
Supports: 1.3920, 1.3870, 1.3825, 1.3735, 1.3590, 1.3340

GBPUSD
Forecast weekly, october 24 - 28
The pair is trading along an uptrend.
The uptrend may be expected to continuefrom current level (1.6000), which will be followed by reaching resistance level 1.6050 - 1.6100.

An downtrend will start from resistance levels 1.6050 - 1.6100, or as soon, as the pair drops below support level 1.5960, which will be followed by moving down to support level 1.5820 and then 1.5700.

Resistance: 1.6050, 1.6100, 1.6275
Support: 1.5960, 1.5820, 1.5700, 1.5620, 1.5550

 

[STRATEGIST]

EURUSD
Forecast weekly, November 14 – 18
The pair is trading along an downtrend.
An uptrend will start as soon as the pair rises above resistance level 1.3800, which will be followed by moving up to resistance level 1.3970, 1.4150, 1.4400.

The downtrend may be expected to continue in case the market drops below support level 1.3540, which will be followed by reaching support level 1.3345 and then 1.3110.

Resistances: 1.3800, 1.3970, 1.4150, 1.4400
Supports: 1.3700, 1.3540, 1.3345, 1.3110

GBPUSD
Forecast weekly, November 14 - 18
The pair is trading along an sideways trading pattern of figure "triangle".
An uptrend will start from supports levels 1.5910 - 1.5955 and as soon, as the pair rises above resistance level 1.6130, which will be followed by moving up to resistance level 1.6275 and then 1.6415.

An downtrend will start as soon as the pair drops below support level 1.5865, which will be followed by moving down to support level 1.5700 and then 1.5550.

Resistance: 1.6050, 1.6090, 1.6130, 1.6200, 1.6275, 1.6415
Support: 1.5955, 1.5910, 1.5865, 1.5700, 1.5550

 

[STRATEGIST]

EURUSD friday forecast 07/27/12
The pair is trading along an uptrend.

The uptrend may be expected to continue whil pair is trading above support level 1.2200, which will be followed by reaching resistance level 1.2365 and then to 1.2440.

An downtrend will start as soon, as the pair drops below support level 1.2200, which will be followed by moving down to support level 1.2120.

Supports: 1.2230, 1.2200, 1.2120
Resistances: 1.2300, 1.2365, 1.2440

GBPUSD friday forecast 07/27/12
The pair is trading along an uptrend.

The uptrend may be expected to continue in case the market rises above resistance level 1.5715, which will be followed by reaching resistance level 1.5845.

Downtrend is not expecting today.

Supports: 1.5650, 1.5600, 1.5530
Resistances: 1.5715, 1.5845

GOLD friday forecast 07/27/12
The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1609, which will be followed by reaching resistance level 1626 and then to 1641.

An downtrend will start as soon, as the pair drops below support level 1609, which will be followed by moving down to support level 1598.

Supports: 1609, 1598, 1591
Resistances: 1626, 1641

 

[STRATEGIST]

EURUSD, monday forecast 07/30/12
The pair is trading along an downtrend.

The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.2230 - 1.2200.

Uptrend is not expecting today.

Supports: 1.2230, 1.2200, 1.2120
Resistances: 1.2300, 1.2365, 1.2440

GBPUSD, monday forecast 07/30/12
The pair is trading along an sideways trading pattern.

The uptrend may be expected to continue in case the market rises above resistance level 1.5750, which will be followed by reaching resistance level 1.5845.

An downtrend will start as soon, as the pair drops below support level 1.5700, which will be followed by moving down to support level 1.5650 and may be then to 1.5600.

Supports: 1.5700, 1.5650, 1.5600
Resistances: 1.5715, 1.5750, 1.5845

GOLD, monday forecast 07/30/12
The pair is trading along an sideways trading pattern.

The uptrend may be expected to continue in case the market rises above resistance level 1626, which will be followed by reaching resistance level 1641.

An downtrend will start as soon, as the pair drops below support level 1617, which will be followed by moving down to support level 1609.

Supports: 1617, 1609, 1602
Resistances: 1626, 1641

 

[STRATEGIST]

EURUSD, forecast on Tuesday, 07/31/12
The pair is trading along an downtrend.

The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.2200 and then 1.2155.

Uptrend is not expecting today.

Supports: 1.2230, 1.2200, 1.2155
Resistances: 1.2290, 1.2320, 1.2365

GBPUSD, forecast on Tuesday, 07/31/12
The pair is trading along an sideways trading pattern.

An downtrend will start from current levels, which will be followed by moving down to support level 1.5675 and then to 1.5600.

An uptrend will start as soon, as the pair rises above resistance level 1.5740, which will be followed by moving up to resistance level 1.5845.

Supports: 1.5675, 1.5600
Resistances: 1.5740, 1.5845

GOLD, forecast on Tuesday, 07/31/12
The pair is trading along an sideways trading pattern.

An downtrend will start from current levels, which will be followed by moving down to support level 1615 and then to 1605.

An uptrend will start as soon, as the pair rises above resistance level 1626, which will be followed by moving up to resistance level 1641.

Supports: 1615, 1605, 1598
Resistances: 1626, 1641

 

[STRATEGIST]

EUR/USD
Weekly forecast, 02/04 - 02/08
The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading sbove support level 1.3585, which will be followed by reaching resistance level 1.3860.

An downtrend will start as soon, as the pair drops below support level 1.3585, which will be followed by moving down to support level 1.3465 and then to 1.3345.

Supports: 1.3585, 1.3465, 1.3345

Resistances: 1.3860

GBP/USD
Weekly forecast, 02/04 - 02/08
The pair is trading along an downtrend.

The downtrend may be expected to continue in case the market drops below support level 1.5675, which will be followed by reaching support level 1.5405.

An uptrend will start as soon, as the pair rises above resistance level 1.5875, which will be followed by moving up to resistance level 1.6000 and then to 1.6175.

Supports: 1.5675, 1.5405

Resistances: 1.5875, 1.6000, 1.6170

GOLD
Weekly forecast, 02/04 - 02/08
The pair is trading along an sideways trading pattern.

The downtrend may be expected to continue in case the market drops below support level 1655, which will be followed by reaching support level 1626 amd then to 1600.

An uptrend will start as soon, as the pair rises above resistance level 1683, which will be followed by moving up to resistance level 1697 and then to 1714.

Suports: 1662, 1655, 1626, 1600

Resistances: 1683, 1698, 1714

 

[STRATEGIST]

EUR/USD, tuesday forecast, 02/05/13
The pair is trading along an downtrend.

An uptrend (correction) will start from support level 1.3465, which will be followed by moving up to resistance level 1.3585.

The downtrend may be expected to continue in case the market drops below support level 1.3465, which will be followed by reaching support level 1.3345.

Supports: 1.3565, 1.3345

Resistances: 1.3585, 1.3690