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

[STRATEGIST]

EUR/USD, forecast on Monday, 11/25/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1.3575, which will be followed by reaching resistance level 1.3650.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3535, which will be followed by moving down to support level 1.3485 and then to 1.3435.

S/R levels:
Resistances: 1.3575 (main), 1.3650
Supports: 1.3535 (main), 1.3485, 1.3435

GBP/USD, forecast on Monday, 11/25/13
Main scenario:
The pair is trading along an uptrend with target on the resistance level 1.6250.
The uptrend may be expected to continue in case the market rises above resistance level 1.6250, which will be followed by reaching resistance level 1.6300.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6175, which will be followed by moving down to support level 1.6100.

S/R levels:
Supports: 1.6205, 1.6175 (main), 1.6100
Resistances: 1.6250, 1.6300 (strong)

GOLD, forecast on Monday, 11/25/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1253, which will be followed by reaching support level 1235.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1253, which will be followed by moving up to resistance level 1270.

S/R levels:
Supports: 1235 (strong)
Resistances: 1253 (main), 1270 (strong)

 

[STRATEGIST]

EUR/USD, forecast on Tuesday, 11/26/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1.3555, which will be followed by reaching resistance level 1.3595 and then to 1.3650.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3485, which will be followed by moving down to support level 1.3435 and then to 1.3355.

S/R levels:
Resistances: 1.3555 (main), 1.3575, 1.3595 (strong), 1.3650
Supports: 1.3535, 1.3485 (main), 1.3435, 1.3350 (strong)

GBP/USD, forecast on Tuesday, 11/26/13
Main scenario:
The pair is trading along an uptrend with target on the resistance level 1.6225.
The uptrend may be expected to continue in case the market rises above resistance level 1.6225, which will be followed by reaching resistance level 1.6300.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6140, which will be followed by moving down to support level 1.6100 and then to 1.6000.

S/R levels:
Supports: 1.6140 (main), 1.6100, 1.6000
Resistances: 1.6225 (main), 1.63000 (strong)

GOLD, forecast on Tuesday, 11/26/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1255, which will be followed by reaching resistance level 1270.

Alternative scenario:
An downtrend is not expecting today.

S/R levels:
Supports: 1242, 1235 (strong)
Resistances: 1255 (main), 1270 (strong)

 

[STRATEGIST]

EUR/USD, Weekly Forecast, 02 - 06 December
Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.3500, which will be followed by moving down to support level 1.3355.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.3605, which will be followed by moving up to resistance level 1.3735.

S/R levels:
Resistances: 1.3575 (strong), 1.3605 (main), 1.3650, 1.3680, 1.3735
Supports: 1.3500 (main), 1.3435, 1.3355 (strong)

GBP/USD, Weekly Forecast, 02 - 06 December
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1.6470, which will be followed by reaching resistance level 1.6700.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6290, which will be followed by moving down to support level 1.6170 and then to 1.6040.

S/R levels:
Supports: 1.6290 (main), 1.6170 (strong), 1.6040 (strong)
Resistances: 1.6470 (main), 1.6700 (strong)

GOLD, Weekly Forecast, 02 - 06 December
Main scenario:
The pair is trading along an sideways trend.
The downtrend may be expected to continue in case the market drops below support level 1236, which will be followed by reaching support level 1200.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1251, which will be followed by moving up to resistance level 1270 and then to 1289. And if it keeps on moving up above that level, we may expect the pair to reach resistance level 1330.

S/R levels:
Supports: 1236 (main), 1221 (strong), 1200
Resistances: 1251 (main), 1270 (strong), 1289 (main), 1330 (strong)

 

[markn]

Euro is going down today. The 1st day of this week. We get a great move on USD.
A down was established with penetrating of the narrow Pivot Zone at 3:40-3:50 EST and the price crossed 3 day Rolling Pivot Zone as you can see on the chart.
http://oi43.tinypic.com/2ngbdjq.jpg
No retracement, a little pause on the low board of the statistically expected daily range and we have the continuation of the trend down. Is it a technical correction or a trend reversal?
Our Bias is bearish. Meantime, every retracement up is for selling this pair at this moment.

Here is a GBPUSD 10 min chart with A down established point.
1.6293 - expected level
http://i41.tinypic.com/zy9vm.jpg

 

[STRATEGIST]

EUR/USD, forecast on Tuesday, 12/03/13
Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.3500, which will be followed by moving down to support level 1.3435.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.3605, which will be followed by moving up to resistance level 1.3680.

S/R levels:
Resistances: 1.3575, 1.3605 (main), 1.3650, 1.3680
Supports: 1.3515 - 1.3500 (main), 1.3435

GBP/USD, forecast on Tuesday, 12/03/13
Main scenario:
The pair is trading along an sideways trend.
An downtrend will start from resistance level 1.6390, which will be followed by moving down to support level 1.6290.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6390, which will be followed by moving up to resistance level 1.6470.

S/R levels:
Supports: 1.6290 (strong), 1.6225
Resistances: 1.6390 (main), 1.6470

GOLD, forecast on Tuesday, 12/03/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1221, which will be followed by reaching support level 1200.

Alternative scenario:
Uptrend is not expecting today, as maximum we can have some not big correction.

S/R levels:
Supports: 1221 (main), 1200
Resistances: 1236 (strong), 1251

 

[STRATEGIST]

EUR/USD, forecast on Thursday, 12/05/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3575, which will be followed by reaching resistance level 1.3680 and then to 1.3735.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3540, which will be followed by moving down to support 1.3435.

S/R levels:
Resistances: 1.3650, 1.3680, 1.3735
Supports: 1.3605, 1.3575 (strong), 1.3540 (main), 1.3500, 1.3435

GBP/USD, forecast on Thursday, 12/05/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1.6420, which will be followed by moving up to resistance level 1.6540.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6320, which will be followed by moving down to support level 1.6170.

S/R levels:
Supports: 1.6320 (main), 1.6290, 1.6225, 1.6170 (strong)
Resistances: 1.6390, 1.6420 (main), 1.6470, 1.6540

GOLD, forecast on Thursday, 12/05/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1236, which will be followed by reaching support level 1223.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1236, which will be followed by moving up to resistance level 1251 and if it keeps on moving up above that level, we may expect the pair to reach resistancet level 1270.

S/R levels:
Supports: 1223 (strong), 1208
Resistances: 1236 (main), 1251 (strong), 1270

 

[STRATEGIST]

EUR/USD, forecast on Friday, 12/06/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3605, which will be followed by reaching resistance level 1.3735 and then to 1.3800.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3605, which will be followed by moving down to support 1.3515.

S/R levels:
Resistances: 1.3680, 1.3735, 1.3800
Supports: 1.3650, 1.3605 (main), 1.3575, 1.3540, 1.3515

GBP/USD, forecast on Friday, 12/06/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend started from support level 1.6320, which will be followed by moving up to resistance level 1.6470 and then to 1.6540.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6290, which will be followed by moving down to support level 1.6170.

S/R levels:
Supports: 1.6320, 1.6290 (main), 1.6225, 1.6170 (strong)
Resistances: 1.6390, 1.6420, 1.6470 (strong), 1.6540

GOLD, forecast on Friday, 12/06/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1236, which will be followed by moving up to resistance level 1251.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1218, which will be followed by moving down to support level 1208 and then to 1200.

S/R levels:
Supports: 1223 (strong), 1218 (main), 1208, 1200
Resistances: 1236 (strong), 1243, 1251

 

[STRATEGIST]

EUR/USD, forecast on Monday, 12/09/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3650, which will be followed by reaching resistance level 1.3800.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3650, which will be followed by moving down to support 1.3605.

S/R levels:
Resistances: 1.3725, 1.3800 (strong)
Supports: 1.3650 (main), 1.3605, 1.3575 (strong)

GBP/USD, forecast on Monday, 12/09/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start from current level 1.6375, which will be followed by moving up to resistance level 1.6420 and then to 1.6470.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6315, which will be followed by moving down to support level 1.6250.

S/R levels:
Supports: 1.6315 (main), 1.6250
Resistances: 1.6390 (strong), 1.6470 (strong)

GOLD, forecast on Monday, 12/09/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1236, which will be followed by moving up to resistance level 1251.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1218, which will be followed by moving down to support level 1208 and then to 1200.

S/R levels:
Supports: 1223 (strong), 1218 (main), 1208, 1200
Resistances: 1236 (strong), 1243, 1251

 

[STRATEGIST]

EUR/USD, forecast on Thursday, 12/12/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3750, which will be followed by reaching resistance level 1.3850.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3750, which will be followed by moving down to support 1.3650.

S/R levels:
Resistances: 1.3800 (strong), 1.3850 (strong)
Supports: 1.3730 (main), 1.3650

GBP/USD, forecast on Thursday, 12/12/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.6315, which will be followed by reaching resistance level 1.6470.

Alternative scenario:
Downtrend is not expecting today.

S/R levels:
Supports: 1.6390, 1.6315 (main)
Resistances: 1.6445, 1.6470 (strong)

GOLD, forecast on Thursday, 12/12/13
Main scenario:
The pair is trading along an downtrend.
An uptrend will start from support level 1236, which will be followed by moving up to resistance level 1243 and 1251.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1233, which will be followed by moving down to support level 1222.

S/R levels:
Supports: 1236, 1233 (main), 1222
Resistances: 1243, 1251, 1262

 

[STRATEGIST]

EUR/USD, forecast on Friday, 12/13/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.3800, which will be followed by reaching support level 1.3650.

Alternative scenario:
Uptrend is not expecting today, but possible to have correction on resistance level 1.3785/1.3800.

S/R levels:
Resistances: 1.3750, 1.3785, 1.3800 (main), 1.3850
Supports: 1.3650 (strong)

GBP/USD, forecast on Friday, 12/13/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.6360, which will be followed by reaching support level 1.6225 and then to 1.6170.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6360, which will be followed by moving up to resistance level 1.6470.

S/R levels:
Supports: 1.6225, 1.6170 (support)
Resistances: 1.6360 (main), 1.6470 (strong)

GOLD, forecast on Friday, 12/13/13
Main scenario:
The pair is trading along an sideways trend.
The downtrend may be expected to continue in case the market drops below support level 1219, which will be followed by reaching support level 1208.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1233, which will be followed by moving up to resistance level 1243.

S/R levels:
Supports: 1222, 1219 (main), 1208
Resistances: 1233 (strong), 1243, 1251