EUR/USD, GBP/USD, GOLD - Forecast by Anton Kolhanov

 

EUR/USD

Weekly Forecast, 14 - 18 September

Main scenario:

The pair is trading along an uptrend with target on 1.1380 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1615. In other way, from 1.1380, we will have correction to 1.1275.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1275, which will be followed by moving down to support level 1.1035.

GBP/USD

Weekly Forecast, 14 - 18 September

Main scenario:

The pair is trading along an uptrend with target on 1.5530, that may be expected to continue, while pair is trading above support level 1.5395. In other way from 1.5530 we will have correction to 1.5395.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.5395, which will be followed by moving down to support level 1.5270 and 1.5170.

GOLD

Weekly Forecast, 14 - 18 September

Main scenario:

The pair is reached its target on the level 1095 and now will be trading between level 1125 - 1095. The next downtrend may be expected to continue in case the market drops below support level 1095, which will be followed by reaching support level 1080.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1113, which will be followed by moving up to resistance level 1125 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1140 and 1160 - 1170.

 

GBP/USD, forecast from: 16 September, 2015

Main scenario:

The pair is trading along an sideways trend with target on support level 1.5325, while market is trading below resistance 1.5430.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5430, which will be followed by moving up to resistance level 1.5530.

 

EUR/USD, forecast from: 17 September, 2015

Main scenario:

The pair is trading along an sideways trend between resistance 1.1380 and support 1.1220. An uptrend will start as soon, as the pair rises above resistance level 1.1380, which will be followed by moving up to resistance level 1.1480 and then to 1.1615.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1220, which will be followed by moving down to support level 1.1035.

GBP/USD, forecast from: 17 September, 2015

Main scenario:

The pair is trading along an uptrend, that may be expected to continue in case the market rises above resistance level 1.5530, which will be followed by reaching resistance level 1.5620.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.5440, which will be followed by moving down to support level 1.5325.

GOLD, forecast from: 17 September, 2015

Main scenario:

The pair is trading along an uptrend and may be expected to continue in case the market rises above resistance level 1124, which will be followed by reaching resistance level 1140. In other way we will have correction to 1112-1108

An uptrend will start as soon, as the pair rises above resistance level 1113, which will be followed by moving up to resistance level 1125.

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 1095.

 

EUR/USD, forecast from: 21 September, 2015

Main scenario:

The pair is trading along an sideways trend between resistance 1.1390 and support 1.1265. An uptrend will start as soon, as the pair rises above resistance level 1.1390, which will be followed by moving up to resistance level 1.1480.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1265, which will be followed by moving down to support level 1.1225 and to 1.1145.

GBP/USD, forecast from: 21 September, 2015

Main scenario:

The pair is trading along an sideways trend between support 1.5515 and resistance level 1.5625. An downtrend will start as soon, as the pair drops below support level 1.5515, which will be followed by moving down to support level 1.5440 and then to 1.5340.

Alternative scenario:

An uptrend will not start while market is trading below resistance level 1.5625.

GOLD, forecast from: 21 September, 2015

Main scenario:

The pair is trading along an uptrend with target on 1160, that may be expected to continue in case the market rises above resistance level 1140.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1124, which will be followed by moving down to support level 1106.

Files:
 

EUR/USD, forecast from: 22 September, 2015

Main scenario:

The pair is started uptrend from support elevel 1.1145 with target on resistance 1.1200, that may be expected to continue, while pair is trading above support level 1.1145.

Alternative scenario:

The downtrend may be expected to continue in case the market drops below support level 1.1145, which will be followed by reaching support level 1.1035.

GBP/USD, forecast from: 22 September, 2015

Main scenario:

The pair is trading along an downtrend with target on 1.5440, that may be expected to continue, while pair is trading below resistance level 1,5515.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5515, which will be followed by moving up to resistance level 1.5585.

 

EUR/USD, forecast from: 23 September, 2015

Main scenario:

The pair is trading along an downtrend with target on 1.1035 and may be expected to continue, while pair is trading below resistance level 1.1150.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.1150, which will be followed by moving up to resistance level 1.1265.

GBP/USD, forecast from: 23 September, 2015

Main scenario:

The pair is trading along an downtrend with target on 1.5270 and ma be expected to continue in case the market drops below it, which will be followed by reaching support level 1.5170.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5355, which will be followed by moving up to resistance level 1.5440.

GOLD, forecast from: 23 September, 2015

Main scenario:

The pair is trading along an downtrend and may be expected to continue in case the market drops below support level 1121.50, which will be followed by reaching support level 1108.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1128, which will be followed by moving up to resistance level 1140.

 

EUR/USD, forecast from: 25 September, 2015

Main scenario:

The pair is trading along an downtrend with target on 1.1110, that may be expected to continue, while pair is trading below resistance level 1.1190. Then downtrend may be expected to continue in case the market drops below support level 1.1110, which will be followed by reaching support level 1.1035.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.1190, which will be followed by moving up to resistance level 1.1265.

GBP/USD, forecast from: 25 September, 2015

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 1.5170, which will be followed by reaching support level 1.5065.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5285, which will be followed by moving up to resistance level 1.5440.

GOLD, forecast from: 25 September, 2015

Main scenario:

The pair is trading along an uptrend with target on 1160, that may be expected to continue, while pair is trading above support level 1145.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1145, which will be followed by moving down to support level 1140 and if it keeps on moving down below that level, we may expect the pair to reach support level 1132.

 

EUR/USD, Weekly Forecast, 28 September - 2 October

Main scenario:

The pair is trading along an sideways trend between resistance 1.1210 and support 1.1110 levels. An uptrend will start as soon, as the pair rises above resistance level 1.1210, which will be followed by moving up to resistance level 1.1335 - 1.1390.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1110, which will be followed by moving down to support level 1.0980.

GBPUSD, Weekly Forecast, 28 September - 2 October

Main scenario:

The pair is trading along an downtrend that may be expected to continue in case the market drops below support level 1.5160, which will be followed by reaching support level 1.5065 and 1.4970.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5240, which will be followed by moving up to resistance level 1.5340, 1.5440 and 1.5515.

GOLD, Weekly Forecast, 28 September - 2 October

Main scenario:

The pair is trading along an uptrend with target on 1160. The uptrend may be expected to continue in case the market rises above resistance level 1140, which will be followed by reaching resistance level 1160.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1133, which will be followed by moving down to support level 1124 and then 1108.

 

Level 1.1200 is a pivotal point for this week. In my opinion it is too early to call for 1.1400 level revising

 
nbtrading:
Level 1.1200 is a pivotal point for this week. In my opinion it is too early to call for 1.1400 level revising

now we have much wide sideways trend, between support 1.1110 and resistance 1.1335 (look it on weekly chart)

if today, after ADP, we will not have big difference between forecasted news, eurusd will reach 1.1335 to find much strong sellers. Until this, before Friday NFP, market will be trading in that sideways trend range.

EUR/USD, forecast from: 30 September, 2015

Main scenario:

The pair is trading along an uptrend with target on 1.1335, that may be expected to continue, while pair is trading above support level 1.1205.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1205, which will be followed by moving down to support level 1.1110.

GBP/USD, forecast from: 30 September, 2015

Main scenario:

The pair is trading along an downtrend with target on 1.5065, may be expected to continue, while pair is trading below resistance level 1.5230.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5230, which will be followed by moving up to resistance level 1.5340.

GOLD, forecast from: 30 September, 2015

Main scenario:

The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1124, which will be followed by reaching support level 1117 and then to 1108.

Alternative scenario:

An uptrend start can be expecting from support level 1124, which will be followed by moving up to resistance level 1133 and then to 1140.

 

EUR/USD, forecast from: 2 October, 2015

Main scenario:

The pair is trading along an sideways trend between resistance 1.1200 and support 1.1110 levels. An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1335 - 1.1390.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1110, which will be followed by moving down to support level 1.0980.

GBP/USD, forecast from: 2 October, 2015

Main scenario:

The downtrend may be expected to continue, while pair is trading below resistance level 1.5200, which will be followed by reaching support level 1.5065 and then to 1.4970.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5200, which will be followed by moving up to resistance level 1.5285 - 1.5340.

GOLD, forecast from: 2 October, 2015

Main scenario:

The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1108, which will be followed by reaching support level 1095 and then to 1080.

Alternative scenario:

An uptrend start can be expecting from support level 1117, which will be followed by moving up to resistance level 1124 and then to 1133 - 1140.

Reason: