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EUR/USD: further break down of 1.0810 will continue downtrend to 1.0710
Main scenario:
The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1.0810, which will be followed by reaching support level 1.0710.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.0860, which will be followed by moving up to resistance level 1.0940.
GBP/USD: break up of 1.4245 will start uptrend to 1.4355
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1.4245, which will be followed by moving up to resistance level 1.4355.
Alternative scenario:
The downtrend may be expected to continue, while pair is trading below resistance level 1.4245, which will be followed by reaching support level 1.4150 - 1.4070.
GOLD: uptrend is continue to 1125 and 1135
Main scenario:
The pair is trading along an uptrend with target on 1125 and then on 1135, and may be expected to continue, while pair is trading above support level 1108.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1108, which will be followed by moving down to support level 1100.
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EUR/USD: rebounding from resistance 1.0915 with target on 1.0830
Main scenario:
Market is starting downtrend from resistance level 1.0915, from that is going to reach support at 1.0830.
Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.0915, which will be followed by reaching resistance level 1.0975.
GBP/USD: break 1.4355 will start downtrend to 1.4235
Main scenario:
The pair is trading along an sideways trend between support 1.4355 and resistance 1.4410.
An downtrend will start as soon, as the pair drops below support level 1.4355, which will be followed by moving down to support level 1.4235.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4410, which will be followed by moving up to resistance level 1.4535.
GOLD: uptrend is continue 1135, but break down of 1125 can start downtrend to 1115
Main scenario:
The pair is trading along an uptrend with target on 1135, and may be expected to continue, while pair is trading above support level 1125.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1125, which will be followed by moving down to support level 1115.
EUR/USD: sideways before US ADP news
Main scenario:
The pair is trading along an sideways trend between support 1.0890 and resistance 1.0940.
An uptrend will start as soon, as the pair rises above resistance level 1.0940, which will be followed by moving up to resistance level 1.0985 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1095.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.0890, which will be followed by moving down to support level 1.0830.
GBP/USD: uptrend will continue to 1.4630 with break up of 1.4465
Main scenario:
The pair is trading along an sideways trend between support 1.4345 and resistance 1.4465.
The uptrend may be expected to continue in case the market rises above resistance level 14465, which will be followed by reaching resistance level 1.4535 and 1.4630.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4345, which will be followed by moving down to support level 1.4235.
EUR/USD: trading on resistances 1.1215, but still with chance to reach 1.1380
Main scenario:
The pair is trading along an uptrend, that may be expected to continue in case the market rises above resistance level 1.1215, which will be followed by reaching resistance level 1.1380.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1085, which will be followed by moving down to support level 1.0985.
GBP/USD: sideways trading between 1.4400 and 1.4630
Main scenario:
The pair is trading along an uptrend with target, that may be expected to continue in case the market rises above resistance level 1.4630, which will be followed by reaching resistance level 14815.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4400, which will be followed by moving down to support level 1.4240.
GOLD: uptrend is continue with target on 1169
Main scenario:
The pair is trading along an uptrend with target, that may be expected to continue in case the market rises above resistance level 1157, which will be followed by reaching resistance level 1169.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1143, which will be followed by moving down to support level 1124.
EUR/USD: correction to 1.1215 with potential of further downtrend to 1.1085
Main scenario:
The pair is trading along an correcton with target on 1.1215.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1085, which will be followed by moving down to support level 1.0985.
GBP/USD: correction to 1.4630
Main scenario:
The pair is trading along an uptrend with target on 1.4630 and may be expected to continue, while pair is trading above support level 1.4455 - 1.4400.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4400, which will be followed by moving down to support level 1.4240.
GOLD: uptrend is continue with target on 1176 - 1190
Main scenario:
The pair is trading along an uptrend with target on 1176 - 1190, that may be expected to continue, while pair is trading above support level 1156.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1156, which will be followed by moving down to support level 1142.
EUR/USD: re-bouncing from resistance 1.1215 with target to support 1.1110
Main scenario:
The pair is trading along an sideways trend between support 1.1085 and resistance 1.1215, where local downtrend is already started from 1.1215 with target on support 1.1110 - 1.1085.
Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.1215, which will be followed by reaching resistance level 1.1380.
GBP/USD: further downtrend will continue with break down of 1.4360
Main scenario:
The pair is trading along an sideways trend between support 1.4360 and resistance level 1.4470, where downtrend may be expected to continue in case the market drops below support level 1.4360, which will be followed by reaching support level 1.4240.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4470, which will be followed by moving up to resistance level 1.4600.
EUR/USD: we have risk of downtrend to 1.1085 with break down of 1.1215
Main scenario:
The pair is trading along an sideways trend between support 1.1215 and accumulation of resistance levels 1.1330 - 1.1380, that can be testing now in the second time.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1215, which will be followed by moving down to support level 1.1085.
GBP/USD: wtih further break up of 1.4630 uptrend will continue to 1.4815
Main scenario:
The pair is trading along an local uptrend with target on 1.4630 - 1.4600, from that we can expect rebounding to support level 1.4450.
Certain downtrend will start as soon, as the pair drops below support level 1.4450, which will be followed by moving down to support level 1.4360 and then to 1.4240.
Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.4630, which will be followed by reaching resistance level 1.4815.
GOLD: further break down of 1176 will start downtrend to 1162
Main scenario:
The pair is trading along an sideways trend between support 1176 (where now is going) and resistance 1200.
The uptrend may be expected to continue in case the market rises above resistance level 1200, which will be followed by reaching resistance level 1222.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1176, which will be followed by moving down to support level 1162 and then to 1142.
EUR/USD: with break down of 1.1290 will start downtrend to 1.1205
Main scenario:
The pair is trading along an sideways trend between support 1.1290 and main resistance level 1.1380.
An downtrend will start as soon, as the pair drops below support level 1.1290, which will be followed by moving down to support level 1.1205.
Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.1380, which will be followed by reaching resistance level 1.1475.
GBP/USD: trading sideways between 1.4360 and 1.4535
Main scenario:
The pair is trading along an sideways trend between support 1.4360 and resistance 1.4535.
An downtrend will start as soon, as the pair drops below support level 1.4360, which will be followed by moving down to support level 1.4240.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4535, which will be followed by moving up to resistance level 1.4630.
GOLD: uptrend is continue with target on 1282
Daily forecast
Main scenario:
The pair is trading along an uptrend with target on 1282 and its may be expected to continue, while pair is trading above support level 1238.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1238, which will be followed by moving down to support level 1222.
EUR/USD Weekly forecast, Mar 14 - 18: dowtrend to 1.1010
Main scenario:
The pair is trading along an downtrend with target on 1.1010, that may be expected to continue, while pair is trading below resistance level 1.1215. Also downtrend may be expected to continue in case the market drops below support level 1.1010, which will be followed by reaching support level 1.0840.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1215, which will be followed by moving up to resistance level 1.1375.
GBP/USD, Weekly forecast, Mar 14 - Mar 18: sideways trend between support 1.4210 and resistance 1.4450
Main scenario:
The pair is trading along an downtrend with target on 1.4210, that may be expected to continue, while pair is trading below resistance level 1.4450. ALso downtrend may be expected to continue in case the market drops below support level 1.4210, which will be followed by reaching support level 1.3875.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4450, which will be followed by moving up to resistance level 1.4660.
GOLD, Weekly forecast, Mar 14 - 18: sideways trend between 1237 - 1287
Main scenario:
The pair is trading along an sideways trend between support 1237 and resistance 1287.
An downtrend will start as soon, as the pair drops below support level 1237, which will be followed by moving down to support level 1211 and 1190.
Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1287, which will be followed by reaching resistance level 1318.