EUR/USD, 6E futures market, Friday forecast, January 24
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1106, which will be followed by reaching support level 1.1070 and 1.1050.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1106, which will be followed by moving up to resistance level 1.1135 – 1.1146.
EUR/USD spot market, Friday forecast, January 24
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1070, which will be followed by reaching support level 1.1017.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1070, which will be followed by moving up to resistance level 1.1095 – 1.1105.
GOLD, GC Futures market, Friday forecast, January 24
Sideways
The pair is trading along an sideways trend between support 1555.6 and resistance 1563.3
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1563.3, which will be followed by reaching resistance level 1568.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1555.6, which will be followed by moving down to support level 1550.
GOLD, spot market, Friday forecast, January 24
Sideways
The pair is trading along an sideways trend between support 1557 and resistance 1563.6
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1563.6, which will be followed by reaching resistance level 1568.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1557, which will be followed by moving down to support level 1550.
WTI Crude oil, CL futures market, Friday forecast, January 24
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 56.05, which will be followed by reaching support level 55.47, 55.20 and if it keeps on moving down below that level, we may expect the pair to reach support level 54.85.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 56.05 (or from support 54.85), which will be followed by moving up to resistance level 56.53 (or to 55.72 from 54.85).
S&P500, ES futures market, Friday forecast, January 24
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 3337.5, which will be followed by reaching support level 3325 – 3321.25 and if it keeps on moving down below that level, we may expect the pair to reach support level 3312 – 3307.25.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 3337.5, which will be followed by moving up to resistance level 3350.5.
DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor