Strategic Forecasts: EUR/USD, GBP/USD, GOLD

[Strategist 10]

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 10]

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 10]

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 10]

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 10]

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

 

[Strategist 10]

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)

 

[Strategist 10]

EUR/USD, forecast on Wednesday, 05/28/14

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.3645, which will be followed by reaching support level 1.3540.

 

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.3645, which will be followed by moving up to resistance level 1.3700.

 

 

 

 

GBP/USD, forecast on Wednesday, 05/28/14

 

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.6840, which will be followed by reaching support level 1.6765 and then to 1.6725.

 

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.6840, which will be followed by moving up to resistance level 1.6900.

 

 

 

 

GOLD, forecast on Thursday, 05/28/14

 

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1276, which will be followed by reaching support level 1255.

 

Alternative scenario:

An uptrend is not expecting.

 

[Strategist 10]

EUR/USD, forecast on Thursday, 05/29/14

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.3645, which will be followed by reaching support level 1.3540.

 

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.3645, which will be followed by moving up to resistance level 1.3700.

 

 

 

 

GBP/USD, forecast on Thursday, 05/29/14

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.6765, which will be followed by reaching support level 1.6655.

 

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.6765, which will be followed by moving up to resistance level 1.6820.

 

 

 

 

GOLD, forecast on Thursday, 05/29/14

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1259, which will be followed by reaching support level 1242.

 

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1259, which will be followed by moving up to resistance level 1266/69.

 

[Strategist 10]

EUR/USD, Weekly Forecast, 16 - 20 June

Main scenario:

The pair is trading along an sideways trend.

An is started from support level 1.3510 - 1.3480, which will be followed by moving up to resistance level 1.3625 and then to 1.3700.

 

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.3480, which will be followed by moving down to support level 1.3355 and then to 1.3200.

 

 

 

 

GBP/USD, Weekly Forecast, 16 - 20 June

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1.6870, which will be followed by reaching resistance level 1.7190.

 

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.6870, which will be followed by moving down to support level 1.6730 - 1.6660.

 

 

 

 

GOLD, Weekly Forecast, 16 - 20 June

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1269, which will be followed by reaching resistance level 1291 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1303 and 1316.

 

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1269, which will be followed by moving down to support level 1250.