EUR/USD, GBP/USD, GOLD - Forecast by Anton Kolhanov - page 2

 

EUR/USD, Weekly Forecast, 5 - 9 October

Main scenario:

The pair is trading along an sideways trend between resistance 1.1260 - 1.1335 and support 1.1110 levels. An uptrend will start as soon, as the pair rises above resistance level 1.1335, 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 1.1110, which will be followed by moving down to support level 1.0980.

GBP/US, Weekly Forecast, 5 - 9 October

Main scenario:

The pair is trading along an uptrend with target on 1.5285, and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5515.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.5120, which will be followed by moving down to support level 1.4970.

GOLD, Weekly Forecast, 5 - 9 October

Main scenario:

The pair is trading along an uptrend with target on 1152, 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 1108.

+188 pips on GOLD (September 28 - October 2)

During September 28 to October 2 with students we have made +188 pips of profit by GOLD, due to pair forecast and our trading plan:

Deal was:GOLD: buy 1120.30, close 119.14, result: +188 pips;

Our trading result from forecasted chart:

 

GOLD, forecast from: 7 October, 2015

Main scenario:

The pair is trading along an uptrend, where downtrend will start as soon, as the pair drops below support level 1146, which will be followed by moving down to support level 1140 and 1124.

Alternative scenario:

The uptrend may be expected to continue in case the market rises above resistance level 1152, which will be followed by reaching resistance level 1160.

 

EUR/USD, forecast from: 8 October, 2015

Main scenario:

The pair is trading along an sideways trend between resistance 1.1275 and support 1.1185 levels, where we can expect local downtrend with target on 1.1185, while pair is trading below resistance level 1.1275.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.1275, which will be followed by moving up to resistance level 1.1335.

GBP/USD, forecast from: 8 October, 2015

Main scenario:

The pair is trading along an uptrend with target on 1.5440, that may be expected to continue in case the market rises above resistance level 1.5340.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.5240, which will be followed by moving down to support level 1.5170.

 

EUR/USD, forecast: Wednesday, 14 December, 2015

Main scenario:

The pair is trading along an sideways trend between support 1.0935 and resistance level 1.1035.

An downtrend will start as soon, as the pair drops below support level 1.9035, which will be followed by moving down to support level 1.0590.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.1035, which will be followed by moving up to resistance level 1.1215.

GBP/USD, forecast: Wednesday, 14 December, 2015

Main scenario:

The pair is trading along an downtrend with target on 1.5030 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.4800.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5235, which will be followed by moving up to resistance level 1.5440.

GOLD, forecast: Wednesday, 14 December, 2015

Main scenario:

The pair is trading along an sideways trend between support 1057 and resistance level 1080.

An uptrend will start as soon, as the pair rises above resistance level 1080, which will be followed by moving up to resistance level 1094 and then to 1122.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1057, which will be followed by moving down to support level 1045.

 

EUR/USD, Weekly forecast

Main scenario:

The pair is trading along an sideways trend between support 1.0800 and resistance 1.0970 levels.

An downtrend will start as soon, as the pair drops below support level 1.0800, which will be followed by moving down to support level 1.0580.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.0970, which will be followed by moving up to resistance level 1.1200.

GBP/USD, Weekly forecast

Main scenario:

The pair is trading along an downtrend with target on 1.4630 and then on 1.4470, that may be expected to continue, while pair is trading below resistance level 1.4815.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.4815, which will be followed by moving up to resistance level 1.5030.

GOLD, Weekly forecast

Main scenario:

The pair is trading along an sideways trend between support 1060 and resistance level 1076.

An downtrend will start as soon, as the pair drops below support level 1060 and then 1050, which will be followed by moving down to support level 1027.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1076, which will be followed by moving up to resistance level 1095.

 

EUR/USD, forecast from 8 January, 2016

Main scenario:

The pair is trading along an sideways trend between support 1.0815 and resistance 1.0970 levels.

An downtrend will start as soon, as the pair drops below support level 1.0815, which will be followed by moving down to support level 1.0730 and then 1.0580.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.0970, which will be followed by moving up to resistance level 1.1200.

GBP/USD, forecast from 8 January, 2016

Main scenario:

The pair is trading along an sideways trend between resistance 1.4630 and support 1.4530 levels.

An uptrend will start as soon, as the pair rises above resistance level 1.4630, which will be followed by moving up to resistance level 1.4815

Alternative scenario:

The downtrend may be expected to continue in case the market drops below support level 1.4530, which will be followed by reaching support level 1.4470.

GOLD, forecast from 8 January, 2016

Main scenario:

The pair is trading along an sideways trend between support 1095 and resistance level 1133.

An downtrend will start as soon, as the pair drops below support level 1095, which will be followed by moving down to support level 1076.

Alternative scenario:

The uptrend may be expected to continue in case the market rises above resistance level 1113, which will be followed by reaching resistance level 1135.

 

GBP/USD: in downtrend with target on 1.4270

Main scenario:

The pair is trading along an downtrend with target on 1.4470 then 1.4270, that ay be expected to continue, while pair is trading below resistance level 1.4630.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.4630, which will be followed by moving up to resistance level 1.4815.

GOLD: double top with target on 1050

Main scenario:

The pair is trading along an sideways trend as "double top" pattern, between resistance 1107 and support 1092 levels.

An downtrend will start as soon, as the pair drops below support level 1092, which will be followed by moving down to support level 1076 and then to 1062, 1050.

Alternative scenario:

The uptrend may be expected to continue in case the market rises above resistance level 1107, which will be followed by reaching resistance level 1135.

 

EUR/USD: sideways between 1.1000 and 1.0865

Main scenario:

The pair is trading along an sideways trend between support 1.0865 and resistance 1.1000 levels.

An downtrend will start as soon, as the pair drops below support level 1.0865, which will be followed by moving down to support level 1.0730 and then 1.0580.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.1000, which will be followed by moving up to resistance level 1.1200.

GBP/USD: in downtrend with target on 1.4070

Main scenario:

The pair is trading along an downtrend with target on 1.4070, that may be expected to continue, while pair is trading below resistance level 1.4270.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.4270, which will be followed by moving up to resistance level 1.4470.

GOLD: break of resistance 1095 can start uptrend to 1115

Main scenario:

The pair is trading along an sideways trend between resistance 1095 and support level 1076.

An uptrend will start as soon, as the pair rises above resistance level 1095, which will be followed by moving up to resistance level 1115.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1076, which will be followed by moving down to support level 1055.

 

EUR/USD: break up of 1.0855 will start uptrend to 1.1200

Main scenario:

The pair is trading along an sideways trend with abbility of drop to 1.0710, where if market will keeps on moving down below that level, we may expect the pair to reach support level 1.0580.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.0855, which will be followed by moving up to resistance level 1.0985 and then to 1.1200.

GBP/USD: we have a bottom on 1.4070 and opportunity of uptrend to 1.4530

Main scenario:

The pair is trading along an sideways trend between support 1.4070, that is looking like a bottom of that downtrend, and resistance 1.4325.

An uptrend will start as soon, as the pair rises above resistance level 1.4325, which will be followed by moving up to resistance level 1.4530 and then to 1.4815.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.4070, which will be followed by moving down to support level 1.3700.

GOLD: further break up of 1108 will open a road on 1135

Main scenario:

The pair is trading along an sideways trend between resistance 1108 and supports 1093 - 1076.

From resistance 1108 I expect correction on support level 1093 and if it keeps on moving down below that level, we may expect the pair to reach support level 1076.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1108, which will be followed by moving up to resistance level 1135.

 

EUR/USD: sideways trading between 1.0915 and 1.0855

Main scenario:

The pair is trading along an sideways trend between resistance 1.0915 and support 1.0815.

An uptrend will start as soon, as the pair rises above resistance level 1.0915, which will be followed by moving up to resistance level 1.0985.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.0855, which will be followed by moving down to support level 1.0785.

GOLD: "head & shoulders" with target on 1108

Main scenario:

The pair is trading along an sideways trend with creation of trend turn down pattern "head and shoulders".

An downtrend will start as soon, as the pair drops below support level 1117, which will be followed by moving down to support level 1108.

Alternative scenario:

The uptrend may be expected to continue in case the market rises above resistance level 1122, which will be followed by reaching resistance level 1129.

Reason: