My forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD

EUR/USD, forecast on Friday, 09/06/13
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.3170, which will be followed by reaching support level 1.3060 and 1.2970.

An uptrend will start as soon, as the pair rises above resistance level 1.3170, which will be followed by moving up to resistance level 1.3255.

Resistances: 1.3170, 1.3200, 1.3255, 1.3300
Supports: 1.3110, 1.3060, 1.2970

1378446749_eurusd-h1.png




GBP/USD, forecast on Friday, 09/06/13
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.5630, which will be followed by reaching support level 1.5535 and 1.5490.

An uptrend will start as soon, as the pair rises above resistance level 1.5630, which will be followed by moving up to resistance level 1.5730.

Supports: 1.5575, 1.5535, 1.5490
Resistances: 1.5630, 1.5665, 1.5700, 1.5730

1378446747_gbpusd-h1.png




GOLD, forecast on Friday, 09/06/13
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1376, which will be followed by reaching support level 1346.

An uptrend will start as soon, as the pair rises above resistance level 1393, which will be followed by moving up to resistance level 1412 - 1418.

Supports: 1365, 1346
Resistances: 1376, 1393, 1412, 1418

1378446725_gold-h1.png
 
EUR/USD, forecast on Monday, 09/09/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3170, which will be followed by reaching resistance level 1.3255.

An downtrend will start as soon, as the pair drops below support level 1.3170, which will be followed by moving down to support level 1.3120.

Resistances: 1.3205, 1.3255, 1.3300
Supports: 1.3170, 1.3120, 1.3060

1378722269_eurusd-h1.png




GBP/USD, forecast on Monday, 09/09/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.5625, which will be followed by reaching resistance level 1.5740.

An downtrend will start as soon, as the pair drops below support level 1.5625, which will be followed by moving down to support level 1.5585, 1.5530.

Supports: 1.5625, 1.5585, 1.5530, 1.5485
Resistances: 1.5690, 1.5740

1378722253_gbpusd-h1.png




GOLD, forecast on Monday, 09/09/13
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1391, which will be followed by reaching support level 1376.

An uptrend will start as soon, as the pair rises above resistance level 1391, which will be followed by moving up to resistance level 1400 and then 1418.

Supports: 1376, 1365
Resistances: 1391, 1400, 1412, 1418, 1428

1378723237_gold-h1.png
 
EUR/USD, forecast on Tuesday, 09/10/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3205, which will be followed by reaching resistance level 1.3300 and then 1.3340.

An downtrend is not expecting today.

Resistances: 1.3300, 1.3340
Supports: 1.3250, 1.3205, 1.3170

1378787601_eurusd-h1.png




GBP/USD, forecast on Tuesday, 09/10/13
The pair is trading along an uptrend.
The downtrend we can expect from resistance levels 1.5705 - 1.5740, which will be followed by moving down to support level 1.5665 and then 1.5625.

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 1.5800.

Supports: 1.5665, 1.5625, 1.5585
Resistances: 1.5730, 1.5470, 1.5800

1378787622_gbpusd-h1.png




GOLD, forecast on Tuesday, 09/10/13
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1376, which will be followed by reaching support level 1365.

An uptrend will start as soon, as the pair rises above resistance level 1391, which will be followed by moving up to resistance level 1400 and then 1412.

Supports: 1376, 1365
Resistances: 1391, 1400, 1412, 1418

1378787637_gold-h1.png
 
EUR/USD, forecast on Thursday, 09/12/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3270, which will be followed by reaching resistance level 1.3340 and then 1.3380.

An downtrend will start as soon, as the pair drops below support level 1.3270, which will be followed by moving down to support level 1.3205.

Resistances: 1.3340, 1.3380
Supports: 1.3300, 1.3270, 1.3205

1378967998_eurusd-h1.png




GBP/USD, forecast on Thursday, 09/12/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.5800, which will be followed by reaching resistance level 1.5880.

An downtrend will start as soon, as the pair drops below support level 1.5740, which will be followed by moving down to support level 1.5665 - 1.5625.

Supports: 1.5800, 1.5740, 1.5665, 1.5625
Resistances: 1.5880

1378967985_gbpusd-h1.png




GOLD, forecast on Thursday, 09/12/13
The pair is trading along an sideways trend.
The downtrend may be expected to continue in case the market drops below support level 1354, which will be followed by reaching support level 1346 and then 1332.

An uptrend will start as soon, as the pair rises above resistance level 1368, which will be followed by moving up to resistance level 1376 and then 1385.

Supports: 1354, 1346, 1332
Resistances: 1368, 1376, 1385

1378968012_gold-h1.png
 
EUR/USD, forecast on Monday, 09/16/13
The pair is trading along an uptrend.
An downtrend started from resistance level 1.3380, which will be followed by moving down to support level 1.3315 - 1.3300.

The uptrend may be expected to continue in case the market rises above resistance level 1.3380, which will be followed by reaching resistance level 1.3425.

Resistances: 1.3355, 1.3365, 1.3380, 1.3425
Supports: 1.3315, 1.3300, 1.3255, 1.3205, 1.3175

1379332197_eurusd-h1.png




GBP/USD, forecast on Monday, 09/16/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.5880, which will be followed by reaching resistance level 1.6000.

An downtrend will start as soon, as the pair drops below support level 1.5880, which will be followed by moving down to support level 1.5800.

Supports: 1.5880, 1.5800, 1.5740, 1.5665
Resistances: 1.6000

1379334029_gbpusd-h1.png




GOLD, forecast on Monday, 09/16/13
The pair is trading along an sideways trend.
An uptrend started from support level 1310, which will be followed by moving up to resistance level 1333.

An downtrend will start as soon, as the pair drops below support level 1310, which will be followed by moving down to support level 1283.

Supports: 1310, 1283
Resistances: 1320, 1333, 1346

1379335605_gold-h1.png
 
EUR/USD, forecast on Tuesday, 09/17/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3328, which will be followed by reaching resistance level 1.3380 - 1.3425.

An downtrend will start as soon, as the pair drops below support level 1.3328, which will be followed by moving down to support level 1.3300 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.3255.

Resistances: 1.3380, 1.3425
Supports: 1.3328, 1.3300, 1.3255, 1.3205

1379408115_eurusd-h1.png




GBP/USD, forecast on Tuesday, 09/17/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.5880, which will be followed by reaching resistance level 1.5955 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.6000.

An downtrend will start as soon, as the pair drops below support level 1.5880, which will be followed by moving down to support level 1.5800.

Supports: 1.5880, 1.5800, 1.5740
Resistances: 1.5955, 1.6000

1379408191_gbpusd-h1.png




GOLD, forecast on TUesday, 09/17/13
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1320, which will be followed by moving up to resistance level 1333.

An downtrend started from resistance level 1320, which will be followed by moving down to support level 1310 and then 1302.

Supports: 1310, 1302
Resistances: 1320, 1333, 1346

1379408130_gold-h1.png
 
EUR/USD, forecast on Wednesday, 09/18/13
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.3320, which will be followed by moving down to support level 1.3175.

An uptrend will start as soon, as the pair rises above resistance level 1.3380, which will be followed by moving up to resistance level 1.3425 and if it keeps on moving up above that level, we may expect the pair to reach resistancet level 1.3510.

Resistances: 1.3380, 1.3510
Supports: 1.3320, 1.3300, 1.3255, 1.3205, 1.3175

1379494004_eurusd-h1.png




GBP/USD, forecast on Wednesday, 09/18/13
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.5880, which will be followed by moving down to support level 1.5800 and then 1.5740.

An uptrend will start as soon, as the pair rises above resistance level 1.6000, which will be followed by moving up to resistance level 1.6170.

Supports: 1.5880, 1.5800, 1.5740
Resistances: 1.5960, 1.6000, 1.6170

1379494083_gbpusd-h1.png




GOLD, forecast on Wednesday, 09/18/13
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1301, which will be followed by moving down to support level 1283.

An uptrend will start as soon, as the pair rises above resistance level 1310, which will be followed by moving up to resistance level 1320 and then 1333.

Supports: 1301, 1283
Resistances: 1310, 1320, 1333

1379494070_gold-h1.png
 
EUR/USD, Weekly forecast, 09/23 - 09/27
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3380, which will be followed by reaching resistance level 1.3730 and then 1.3860.

An downtrend will start as soon, as the pair drops below support level 1.3380, which will be followed by moving down to support level 1.3175.

Supports: 1.3470, 1.3425, 1.3380, 1.3175
Resistances: 1.3570, 1.3640, 1.3730, 1.3860

1379916577_eurusd-h4.png




GBP/USD, Weekly forecast, 09/23 - 09/27
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.5875, which will be followed by reaching resistance level 1.6165 and then 1.6320.

An downtrend will start as soon, as the pair drops below support level 1.5875, which will be followed by moving down to support level 1.5725 and then 1.5530.

Supports: 1.6000, 1.5940, 1.5875, 1.5800, 1.5725, 1.5625, 1.5530
Resistances: 1.6040, 1.6076, 1.6165, 1.6320

1379921375_gbpusd-h4.png




GOLD, Weekly forecast, 09/23 - 09/27
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1294, which will be followed by reaching resistance level 1365 and then 1398.

An downtrend will start as soon, as the pair drops below support level 1294, which will be followed by moving down to support level 1234.

Supports: 1311, 1294, 1282, 1253, 1234
Resistances: 1334, 1365, 1398, 1418

1379922610_gold-h4.png
 
EUR/USD, forecast on Tuesday, 09/24/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3470 - 1.3425, which will be followed by reaching resistance level 1.3570 and then 1.3640.

An downtrend will start as soon, as the pair drops below support level 1.3425, which will be followed by moving down to support level 1.3380 and then 1.3300.

Resistances: 1.3530, 1.3570, 1.3640
Supports: 1.3470, 1.3425, 1.3380, 1.3300

1380005967_eurusd-h1.png




GBP/USD, forecast on Tuesday, 09/24/13
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.6000, which will be followed by reaching resistance level 1.6125.

An downtrend will start as soon, as the pair drops below support level 1.6000, which will be followed by moving down to support level 1.5940 and then 1.5875.

Supports: 1.6000, 1.5940, 1.5895
Resistances: 1.6060, 1.6125

1380005969_gbpusd-h1.png




GOLD, forecast on Tuesday, 09/24/13
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1334, which will be followed by reaching support level 1311 and if it keeps on moving down below that level, we may expect the pair to reach support level 1294.

An uptrend will start as soon, as the pair rises above resistance level 1334, which will be followed by moving up to resistance level 1365.

Supports: 1322, 1311, 1294
Resistances: 1332, 1334, 1365

1380006019_gold.png
 
EUR/USD will see soon 1.3570. Forecast and Analysis on 09/26/13
Main scenarion:
Yesterday market rebounded from main support level 1.3470, that is provokes pair to reach main resistance level 1.3570, where located sellers orders. Now EURUSD trying to break up intermediate resistance 1.3530, that will happen, when pair will rebounded from support levels 1.3512 - 1.3495, where is located buyers orders, after that we will have strong uptrend to main resistance 1.3570, a break above which open target to 1.3640.

Alternative scenario:
In case, if market will fall down lower then main supoort level 1.3470, downtrend will start and pair will reach next strong support at 1.3425.

Resistances: 1.3530 (intermediate), 1.3570 (main), 1.3640 (strong)
Supports: 1.3512 (intermediate), 1.3495 (intermediate), 1.3470 (main), 1.3425 (strong)

1380177095_eurusd.png




GBP/USD can't be stopped to achieve 1.6125 - 1.6165. Forecast and Analysis on 09/26/13
Main scenario:
Yesterday pair rose above resistance 1.6035, that opened way to main resistance levels 1.6125 - 1.6165, that will be achieve in near future. Strong support levels market have on 1.6035, 1.6000 and if pair will have correction, uptrend continuation we can expect from support 1.6035.

Alternative scenario:
Downtrend will start if pair will drops below support level 1.6000, which will be followed by moving down to support level 1.5940.

Supports: 1.6060 (intermediate), 1.6035 (strong), 1.6000 (main), 1.5940 (strong)
Resistances: 1.6125 - 1.6165 (main)

1380177059_gbpusd.png




GOLD, uptrend started, target 1350. Forecast and Analysis on 09/26/13
Main scenarion:
Break of level 1328 completed development of sideways and started uptrend to resistance level 1350 and then to 1365.

Alternatie scenario:
If gold will break support level 1328, we can have correction to support 1320, with uptrend continuation after its rebound. But if market will go below 1320, downtrend will be strengthen and we will see support on 1310 level.

Supports: 1330/28 (strong), 1320 (main), 1310 (strong)
Resistances: 1334 (intermediate), 1350 (main), 1365 (strong)

1380177070_gold.png
 
EUR USD, will see soon 1.3570. Forecast and Analysis on 09/27/13
Main scenarion:
Was achieved main support level 1.3470, where located buyers orders and now pair will try to develop uptrend to intermediate resistance level 1.3525, 1.3545 and then will reach main resistance level 1.3570.

Alternative scenario:
Main support level 1.3470 keeps the market from falling and if it will be break down, market will start downtrend with target to support 1.3425.

S/R levels:
Resistances: 1.3525 (intermediate), 1.3545 (intermediate), 1.3570 (main), 1.3640 (strong)
Supports: 1.3470 (main), 1.3425 (strong)

1380270711_eurusd.png




GBP USD, uptrend to 1.6165, or consolidation on 1.6040? Forecast and Analysis on 09/27/13
Main scenario:
Rebound from strong resistance level 1.6125 suspect pair correction, possible that on support level 1.6040. Being that market is trading now between resistance level 1.6080 and main support 1.6000 - this price range is neutral zone for market consolidation. We can expect uptrend if gbpusd will be trading higher then resistance level 1.6080, after that will go up to strong resistance 1.6165 and then to resistance 1.6225.

Alternative scenario:
Downtrend will start if pair will drops below support level 1.6000, which will be followed by moving down to support level 1.5940 and then 1.5895.

S/R levels:
Supports: 1.6040 (intermediate), 1.6000 (main), 1.5940 (strong), 1.5895 (strong)
Resistances: 1.6080 (intermediate), 1.6125 - 1.6165 (main), 1.6225 (strong)

1380270728_gbpusd.png




GOLD - saving support 1320, or consolidation on 1310 - 1297? Forecast and Analysis on 09/27/13
Main scenarion:
While gold is trading above support level 1320, we have chance for uptrend to resistance level 1334 and then to 1350. But market looks friable and seems, that he have the same chance to break support level 1320.. Thats why better to wait for 1334 break, before we will reach level os resistance 1350.

Alternatie scenario:
If market will break down support level 1320, will begin consolidation to the main support level 1310, and if it keeps on moving down below that level, we may expect the pair to reach support level 1297.

S/R levels:
Supports: 1320 (main), 1310 (strong), 1297 (very strong)
Resistances: 1330 (intermediate), 1334 (main), 1350 (strong)

1380270629_gold.png
 
EUR/USD, Monthly forecast, October - November

Main scenarion:
Market broke up huge sideways trend, that was forming between support level 1.2800 and resistance 1.3380-1.3425, that was the reason for strengthening of uptrend imulse and opened the way with trend growth on main resistance level 1.3850, that pair will reach during 3-6 weeks.

Alternative scenario:
Main support level market have on point 1.3380 and if pair will drops below it, pair will rush in downtrend on the lower boundary of sideways trend 1.2800 - 1.3425, and will reach support level 1.3175 and then 1.2990.

S/R levels:
Resistances: 1.3570 main, 1.3730 (intermediate), 1.3850 (main)
Supports: 1.3470 - 1.3425 (strong), 1.3380 (main), 1.3175 (strong), 1.2990 (main)

1380510891_eurusd-daily.png




GBP/USD, Monthly forecast, October - November

Main scenario:
Market continue uptrend development. On the level 1.6000 was formed strong support level and while gbpusd is trading above it, we can expect uptrend continuation with target on strong resistance level 1.6700, where on the levels 1.6330 - 1.6430 we will have intermediate resistance, that give some correction on the market..

Alternative scenario:
Downtrend will start if pair will drops below support level 1.6000, which will be followed by moving down to support level 1.5725 and then 1.5530.

S/R levels:
Supports: 1.6000 (main), 1.5725 (strong), 1.5530 (strong)
Resistances: 1.6430 (intermediate), 1.6700 (main)

1380536741_gbpusd-daily.png




GOLD, Monthly forecast, October - November

Main scenarion:
It seems that market is trading in downtrend, because we had broke of black uptrend channel, but wave analysis shows that after some correction on this levels we will continue uptrend (look long-term analysis). So now gold is trading in 3 wave of uptrend with target on resistance level 1500, where intermediate resistance market have on the level 1398 - 1417, from that possible to have correction on support level 1334.

Alternatie scenario:
Also on this chart market forming right shoulder of trend turn figure "head and shoulder" (but long-term analysis shows that she will not be break down), with neck line on the level 1297 and if price will drops below this level, market will start downtrend to the main support level 1225.

S/R levels:
Supports: 1324 (strong), 1297 (main), 1225 (main)
Resistances: 1398 - 1417 (intermediate), 1500 (main)

1380539440_gold-daily.png
 
EUR/USD, while pair trading above 1.3485, we can expect 1.3640. Forecast and Analysis on 10/01/13
Main scenarion:
Market continue to try to break up sideway trend, that forming between support level 1.3485 and resistance om 1.3550/70. Seniors time frames shows that pair will continue uptrend, so we can expect break up of resistance level 1.3550 and then 1.3570, where in uptrend eurusd will reach resistance level 1.3640.

Alternative scenario:
Local support pair have on the level 1.3525, with breakdown which market will reach main support 1.3485, from that uptrend will start again to resistance level 1.3570. But, if eurusd will drop below 1.3485, will start downtrend with target on support level 1.3425.

S/R levels:
Resistances: 1.3550 (intermediate), 1.3570 main, 1.3640 (strong)
Supports: 1.3525 (intermediate), 1.3485 (main), 1.3460 (ntermediate), 1.3425 (strong)

1380608219_eurusd-h1.png




GBP/USD, uptrend continue, target 1.6330. Forecast and Analysis on 10/01/13
Main scenario:
Uptrend is continue, soon pair will break up resistance level 1.6250, after that we can expect gain of resistance level 1.6330 - 1.6390.

Alternative scenario:
Big accumulation of support levels formed between level 1.6165 - 1.6120 and while gbpusd is trading above this levels, uptrend will continue. But, if pair will drop below 1.6120, main supprt level, will start downtrend wil target on strong support level 1.6000.

S/R levels:
Supports: 1.6185, 1.6165 (strong), 1.6120 (main), 1.6080 (interm.), 1.6040 (interm.), 1.6000 (main)
Resistances: 1.6250 (interm.), 1.6330 - 1.6390 (main)

1380608200_gbpusd-h1.png




GOLD continue uptrend with target 1345 and then 1366. Forecast and Analysis on 10/01/13
Main scenarion:
Market resounded from main support level 1324 and while trading will continue above this level, we can expect uptrend development to the strong resistance level 1345 and then to the main 1366.

Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1322, which will be followed by moving down to support level 1310 and if it keeps on moving down below that level, we may expect the pair to reach support level 1297.

S/R levels:
Supports: 1324 - 1322 (main), 1310 (interm.), 1297 (main)
Resistances: 1335 (interm.), 1345 (strong), 1366 (strong)

1380608226_gold-h1.png
 
EURUSD, preparation before important news, 10/01/13
Main scenarion:
Yesterday pair rebounded from main resistance level 1.3570 and then dropped below support 1.3525, where in this time on daily chart was closed bearish candle. All this telling about, that now as minimum eurusd will have correction to the main support level 1.3485/75, with a breakdown of which will reach next strong support 1.3420.

Alternative scenario:
With current technical picture only todays news like "EUR Minimum Bid Rate" and "USD ADP Non-Farm Employment Change" can made turn up this downtrend. But while pair is trading below main resistance level 1.3570 - 1.3590, we will have downtrend. While maret will be trading between support 1.3475 and resistance 1.3590 - eurusd will be trading in huge sideway trend. And uptrend can start only if pair will break up main resistance level 1.3590, from where we will be able to expect reach on 1.3640 - 1.3730 resistance levels.

S/R levels:
Resistances: 1.3525 (interm.), 1.3550 (interm.), 1.3570 - 1.3590 (main), 1.3640 (strong), 1.3730 (srong)
Supports: 1.3505 (interm.), 1.3485 - 1.3475 (main), 1.3420 (main)

1380697137_eurusd.png




GBPUSD, trades in downtrend with target on 1.6000
Main scenario:
Yesterday pair could not break up resistance level 1.6250 and then fell below support level 1.6185, that is telling about, that gbpusd will be trading below 1.6250, market will have downtrend on the support level 1.6120 and then to 1.6040.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6250, which will be followed by moving up to resistance level 1.6330.

S/R levels:
Supports: 1.6165 (main), 1.6120 (strong), 1.6080 (interm.), 1.6040 (interm.), 1.6000 (main)
Resistances: 1.6250 (interm.), 1.6330 - 1.6390 (main)

1380696487_gbpusd.png




GOLD, breakdown of "neckline" at 1297 opened target 1253
Main scenarion:
Market was dropped below main support level 1297, where we have neck line on pattern "head and shoulders" from aily chart. This fact says, that while gold is trading below 1297, we have downtrend to the support level 1270 and then 1253.

Alternatie scenario:
An uptrend will start as soon, as the pair will be break up neck line, rises above resistance level 1297, which will be followed by moving up to resistance level 1310 and then 1324.

S/R levels:
Supports: 1282 (interm.), 1270 (interm.), 1253 (strong)
Resistances: 1297 (main), 1310 (interm.), 1324 (strong)

1380696489_gold.png
 
EURUSD, uptrend continue, target 1.3640 and then 1.3700. (10/03/13)
Main scenarion:
Yesterday news forced market to go up in uptrend. Pair broke up resistance level 1.3575 and then 1.3590, that now opening for eurusd way for uptrend to resistance level 1.3640 and then 1.3700.

Alternative scenario:
Strong support we have on the level 1.3575, with break of which will start downtrend with target on support 1.3525.

S/R levels:
Resistances: 1.3640, 1.3700
Supports: 1.3590, 1.3575 (main), 1.3550, 1.3525 (strong), 1.3505, 1.3485 (main)

1380791442_eurusd-h1.png




GBPUSD, uptrend continue, target 1.6330. (10/03/13)
Main scenario:
Pair continue uptrend with target on strong resistance level 1.6330. Also we have intermediate resistance level, with break of which uptrend impulse will be increase.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6165, which will be followed by moving down to support level 1.6120, and if it keeps on moving down below that level, we may expect the pair to reach support level 1.6000.

S/R levels:
Supports: 1.6165 (main), 1.6120 (strong), 1.6080, 1.6040, 1.6000
Resistances: 1.6250, 1.6330 (strong)

1380791430_gbpusd-h1.png




GOLD, "head and shoulders" was fake, uptrend target 1335
Main scenarion:
Yesterday market broke up main resistance level 1297, where we had neck line of pattern "head and shoulders". So now we know, that before its broke was fall and pattern will not work. Thats why now 1297 became strong support level and while gold is trading above it, we can expect uptrend with target on intermediate resistance level 1324 and then to 1335.

Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1297, which will be followed by moving down to support level 1282.

S/R levels:
Supports: 1310, 1306, 1297 (main), 1282
Resistances: 1324 (strong), 1335 (strong), 1345

1380791430_gold-h1.png
 
EURUSD, uptrend continue, target 1.3700
Main scenarion:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3600 - 1.3575, which will be followed by reaching resistance level 1.3700.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3575, which will be followed by moving down to support level 1.3505.

S/R levels:
Resistances: 1.3640, 1.3700
Supports: 1.3600, 1.3575 (main), 1.3550, 1.3525, 1.3505

1380872882_eurusd-h1.png




GBPUSD, uptrend will continue from 1.6125, target 1.6250
Main scenario:
The pair is trading along an downtrend.
An uptrend will start from support level 1.6125, which will be followed by moving up to resistance level 1.6250 and then to 1.6330.

Alternative scenario:
The downtrend may be expected to continue in case the market drops below support level 1.6125, which will be followed by reaching support level 1.6040 - 1.6000.

S/R levels:
Supports: 1.6125 (main), 1.6080, 1.6040, 1.6000 (main)
Resistances: 1.6175, 1.6250 (strong), 1.6330 (strong)

1380872870_gbpusd-h1.png




GOLD, uptrend continue, target 1335
Main scenarion:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1315 - 1307 - 1300, which will be followed by reaching resistance level 1335.

Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1300, which will be followed by moving down to support level 1288.

S/R levels:
Supports: 1315, 1307, 1300 (main), 1288
Resistances: 1324, 1335 (strong), 1345

1380872879_gold-h1.png
 
EUR/USD, forecast on Monday, 10/07/13
Main scenarion:
The pair is trading along an sideways trend between resistance level 1.3575 and support 1.3530.
An uptrend will start as soon, as the pair rises above resistance level 1.3575, which will be followed by moving up to resistance level 1.3615 and then to 1.3665.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3530, which will be followed by moving down to support level 1.3470.

S/R levels:
Resistances: 1.3575 (main), 1.3615, 1.3665 (strong)
Supports: 1.3530 (main), 1.3470 (strong)

1381127047_eurusd-h1.png




GBP/USD, forecast on Monday, 10/07/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.6000, which will be followed by reaching support level 1.5895.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6080, which will be followed by moving up to resistance level 1.6140 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.6220.

S/R levels:
Supports: 1.6000 (main), 1.5895
Resistances: 1.6080, 1.6140 (strong), 1.6220, 1.6330 (strong)

1381131701_gbpusd-h1.png




GOLD, forecast on Monday, 10/07/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1316, which will be followed by moving up to resistance level 1324 and if it keeps on moving up above that level, we may expect the pair to reach resistancet level 1335.

Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1307, which will be followed by moving down to support level 1300 and if it keeps on moving down below that level, we may expect the pair to reach support level 1287.

S/R levels:
Supports: 1307, 1300 (main), 1287
Resistances: 1316, 1324 (strong), 1335 (strong)

1381131739_gold-h1.png
 
EUR/USD, forecast on Tuesday, 10/08/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start from current price, or from support level 1.3555, which will be followed by moving up to resistance level 1.3590 and 1.3615.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3530, which will be followed by moving down to support level 1.3470.

S/R levels:
Resistances: 1.3575, 1.3590, 1.3615 (strong), 1.3665
Supports: 1.3555, 1.3530 (main), 1.3470 (strong)

1381215436_eurusd-h1.png




GBP/USD, forecast on Tuesday, 10/08/13
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start from current price, or support level 1.6040, which will be followed by moving up to resistance level 1.6140 and then to 1.6220.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6000, which will be followed by moving down to support level 1.5895.

S/R levels:
Supports: 1.6040, 1.6000 (main), 1.5895
Resistances: 1.6095, 1.6140 (strong), 1.6220, 1.6330

1381215418_gbpusd-h1.png




GOLD, forecast on Tuesday, 10/08/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue from current price 1325, or from support level 1317, which will be followed by reaching resistance level 1335 and then 1341.

Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1317, which will be followed by moving down to support level 1310 and if it keeps on moving down below that level, we may expect the pair to reach support level 1300.

S/R levels:
Supports: 1317, 1310, 1300 (main)
Resistances: 1335, 1341 (strong)

1381215432_gold-h1.png
 
EUR/USD, forecast on Thursday, 10/10/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.3530, which will be followed by reaching support level 1.3470 and then 1.3415.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.3530, which will be followed by moving up to resistance level 1.3575 from that we will be expect downtrend continuation.

S/R levels:
Resistances: 1.3530 (main), 1.3555 (strong), 1.3575 (strong)
Supports: 1.3490, 1.3470 (main), 1.3415

1381387656_eurusd-h1.png




GBP/USD, forecast on Thursday, 10/10/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.6000, which will be followed by reaching support level 1.5800.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6000, which will be followed by moving up to resistance level 1.6095.

S/R levels:
Supports: 1.5995, 1.5800
Resistances: 1.6000 (main), 1.6040, 1.6095 (strong), 1.6140

1381387656_gbpusd-h1.png




GOLD, forecast on Thursday, 10/10/13
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1310 - 1315, which will be followed by reaching support level 1300 and then 1287.

Alternative scenario:
An uptrend is not expecting today.

S/R levels:
Supports: 1300 (main), 1287
Resistances: 1310 (strong), 1315, 1322 (strong)

1381387584_gold-h1.png
 
EUR/USD, forecast on Wednesday, 10/23/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3730, 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 1.3730, which will be followed by moving down to support level 1.3650.

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

1382509502_eurusd-h1.png




GBP/USD, forecast on Wednesday, 10/23/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.6160, which will be followed by reaching resistance level 1.6330.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.6160, which will be followed by moving down to support level 1.6040.

S/R levels:
Supports: 1.6190, 1.6160 (main), 1.6130 (strong), 1.6040
Resistances: 1.6330

1382509511_gbpusd-h1.png




GOLD, forecast on Wednesday, 10/23/13
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1330, which will be followed by reaching resistance level 1352 and then 1366.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1330, which will be followed by moving down to support level 1314.

S/R levels:
Supports: 1330 (main), 1320, 1314, 1300 (strong)
Resistances: 1341, 1352, 1366

1382509538_gold-h1.png
 
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