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

[strategist]

EURUSD
Current is descending.
The continuation of downward trend can start its development in a case of the pair movement below the level of 1.3105, after that the arrival on the support level of 1.3065 and 1.3000 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.3185, after that the arrival on the resistance level of 1.3245 and 1.3300 will happen.

GBPUSD
Current is descending.
The continuation of downward trend can start its development in a case of the pair movement below the level of 1.5805, after that the arrival on the support level of 1.5732 and 1.5650 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.5895, after that the arrival on the resistance level of 1.5964 and 1.6015 will happen.

GOLD
Current is ascending with target on the resistance level 1207 and 1211.
The downward trend can start its development in a case of the pair movement below the level of 1182.50, after that the arrival on the support level of 1174 and 1161 will happen.
Suports on the levels 1192, 1189, 1186.

 

[strategist]

EURUSD
Current trend is sideways.
The downward trend can start its development in a case of the pair movement below the level of 1.3131, after that the arrival on the support level of 1.3000 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.3228, after that the arrival on the resistance level of 1.3305 and 1.3400 will happen.

GBPUSD
Current trend is sideways.
The downward trend can start its development in a case of the pair movement below the level of 1.5817, after that the arrival on the support level of 1.5650 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.5964, after that the arrival on the resistance level of 1.6100 will happen.

GOLD
Current trend is sideway.
The downward trend can start its development in a case of the pair movement below the level of 1186.50, after that the arrival on the support level of 1161 will happen.
The ascending trend can start its development in a case of the pair movement higher the level of 1203.50, after that the arrival on the resistance level of 1215.

 

[strategist]

EURUSD
Current trend is sideways.
The downward trend can start its development in a case of the pair movement below the level of 1.3233, after that the arrival on the support level of 1.3131 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.3305, after that the arrival on the resistance level of 1.3305 and 1.3393 will happen.

GBPUSD
Current trend is sideways.
The downward trend can start its development in a case of the pair movement below the level of 1.5930, after that the arrival on the support level of 1.5817 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.6015, after that the arrival on the resistance level of 1.6150 will happen.

GOLD
Current is ascending with target on the level 1216.50.
The downward trend can start its development in a case of the pair movement below the level of 1198, after that the arrival on the support level of 1190 will happen.

 

[strategist]

EURUSD
Current trend is descending.
The downward trend can start its development in a case of the pair movement below the level of 1.3135, after that the arrival on the support level of 1.3000 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.3340, after that the arrival on the resistance level of 1.3305 and 1.3393 will happen.

GBPUSD
Current trend is descending with target 1.5647
Upward trend can start its development in a case of the pair movement higher the level of 1.5830, after that the arrival on the resistance level of 1.5963 will happen.

GOLD
Current trend is ascending.
The downward trend can start its development in a case of the pair movement below the level of 1195.50, after that the arrival on the support level of 1189 will happen.
The ascending trend can start its development in a case of the pair movement higher the level of 1205, after that the arrival on the resistance level of 1211.50 will happen.

 

[strategist]

EURUSD
Current trend is descending.
The downward trend can start its development in a case of the pair movement below the level of 1.2970, after that the arrival on the support level of 1.2900 / 1.2750 will happen.
Upward trend can start its development in a case of the pair movement higher the level of 1.3087, after that the arrival on the resistance level of 1.3180 will happen.

GBPUSD
Current trend is descending with target 1.5647
Upward trend can start its development in a case of the pair movement higher the level of 1.5880, after that the arrival on the resistance level of 1.5963 will happen.

GOLD
Current trend is descending with target 1191.
The ascending trend can start its development in a case of the pair movement higher the level of 1205, after that the arrival on the resistance level of 1211.50 will happen.

 

[strategist]

EURUSD
Current trend is ascending.
Also Upward trend can start its development in a case of the pair movement higher the level of 1.2895, after that the arrival on the resistance level of 1.3040 will happen.
Supports: 1.2826 and 1.2750
Resistances 1.2895 and 1.3040

GBPUSD
Current trend is descending with target on the support level 1.5448.
Upward trend can start its development in a case of the pair movement higher the level of 1.5683, after that the arrival on the resistance level of 1.5880 will happen.
Supports: 1.5448
Ressitances: 1.5567, 1.5610 and 1.5683

GOLD
Current trend is descending with target on the levels 1212 and 1205.
Supports: 1212, 1205 and 1200
Resistances: 1228, 1233, 1242

 

[strategist]

EURUSD
Today chart
The pair is trading along a downtrend below the “R” trendline as well as below key resistance level 1.2750. The downside momentum will grow stronger in case the market drops below level 1.2685, which will be followed by moving down to level 1.2600. Otherwise, an uptrend may be expected to develop under condition that the pair rises above resistance level 1.2750. If so, the market will be striving to reach resistance 1.2860.

Forecast of the week, 08/23–08/27
The pair is trading along the “a-a+” downtrend. Now it is located below key resistance 1.2750 (the neckline of “head and shoulders” figure from monthly graph), which is in favor of further downtrend development with the downside targets set at support 1.2430 and probably at 1.2300. Intermediate support is found at level 1.2590. An uptrend should not be expected to start unless the pair rises above level 1.2890. If that happens, the market will then get to resistance level 1.3150. The following stronger resistance will be found at mark 1.3305.

GBPUSD
Today chart
Locally the pair is trading along the uptrend having its resistance level seen at 1.5645. However, strategically the pair is in major “a-a+” downtrend with the downside target set at support level 1.5385. For this reason, if the market drops below level 1.5530 we may expect the downtrend to resume with the downside target set at nearest support, 1.5450.

Forecast of the week, 08/23–08/27
Last week the pair quit from the “B-B+” uptrend, which caused the downtrend to develop with the downside target set at support level 1.5285. As long as the pair is trading below level 1.5670, downtrend is in effect. Nearest support is located at level 1.5450, and the next one is at 1.5285. Possibility of reaching support 1.5195 can’t be excluded as well. Otherwise, an uptrend will be started in case the pair rises above level 1.5670, which will be followed by moving up to resistance level 1.5880.

GOLD
Today chart
The gold is still trading around resistance levels 1228–1233, being in the process of formation of “head and shoulders” figure. The neckline of this figure passes at level 1221; and so as soon as the market gets under this level, a downtrend will start with the downside target set at support level 1213. Otherwise, if the market rises above resistance level 1233, it will have a very good chance to develop an uptrend with the upside target set at resistance 1241.

Forecast of the week, 08/23–08/27
The gold is still trading around resistance levels 1228–1233, being in the process of formation of “head and shoulders” figure. The neckline of this figure passes at level 1221; and so as soon as the market gets under this level, a downtrend will start with the downside target set at support level 1204. If the gold then goes below that level, we may expect it to get to support 1180. Otherwise, an uptrend may be expected to develop in case the market rises above resistance level 1233, which will be followed by moving up to resistance 1255. If the gold keeps on rising above that resistance, the next one will be found at mark 1280.

 

[strategist]

EURUSD
Current trend is sideways.
Upward trend can start its development in a case of the pair movement higher the level of 1.790, after that the arrival on the resistance level of 1.2890 will happen.
Downtrend can start its development from this levels with target on 1.2655 and in a case of the pair movement lower the level of 1.2655, after that the arrival on the support level of 1.2500 will happen.
Supports: 1.2655, 1.2500
Ressitances: 1.2750, 1.2790, 1.2890

GBPUSD
Current trend is descending.
Upward trend can start its development in a case of the pair movement higher the level of 1.5560, after that the arrival on the resistance level of 1.5660 will happen.
Downtrend can start its development from this levels with target on 1.5400.
Supports: 1.5465, 1.5400
Ressitances: 1.5560, 1.5660

GOLD
Current trend is sideways.
Upward trend can start its development in a case of the pair movement higher the level of 1242, after that the arrival on the resistance level of 1255 will happen.
Downtrend can start its development in a case of the pair movement lower the level of 1233, after that the arrival on the support level of 1224 and 1218 will happen.
Supports: 1233, 1224, 1218
Ressitances: 1242, 1255

 

[strategist]

EURUSD
The pair is forming either a “head and shoulders” figure having its neckline (resistance trendline) at level 1.2915 or a “triangle” figure having its lower bound (support trendline) at level 1.2665. The fact that the pair rose above level 1.2765 on Monday provoked the execution of the “double bottom” figure, which set a decent upside momentum. Now the market should try and test resistance level 1.2915. If the pair manages to rise above level 1.2980, the “head and shoulders” figure will be executed and the pair’s next upside target will be set at resistance level 1.3210. Otherwise, if the pair drops below 1.2810 after rebounding from resistance 1.2915, there will be a high risk of moving down to the lower bound of “triangle” figure (B trendline), support level 1.2665. And if the pair will keep going under that level, the downside momentum will grow stronger and the market will reach support 1.2430.

GBPUSD
The pair is trading along the “a-a+” downtrend, which has its upper bound passing through level 1.5490. In case the market rises above level 1.5525, an uptrend will start with the upside target set at intermediate support level 1.5655. If it will keep on rising above that level it will then get to 1.5845. A downtrend may develop in case the market goes below level 1.5320, which will be followed by moving down to support level at mark 1.5070.

GOLD
Last week the gold failed consolidating above key resistance level 1255, which was followed by moving down below support 1251 towards the lower bound of “B-B+” uptrend. This course of events points at existence of a high potential of uptrend break and development of a downtrend under condition that the market subsequently drops below level 1235.50, which will be followed by moving down to level 1190 passing intermediate resistances 1225 and 1214 on the way. Current resistances are seen at levels 1251 and 1256 (key resistance). In case the gold rises above resistance 1256, an uptrend will start with the upside target set at resistance level 1283, minding intermediate resistance found at level 1265.

 

[strategist]

EURUSD
The pair is trading along an uptrend, however resistance level 1.3240 - 1.3325 keeps the pair from further upside.
The uptrend may be expect to continue in case the market rises above resistance 1.3325, which will be followed by reaching resistance level 1.3485.
An downtrend will start as soon as the pair drops below support level 1.3153, which will be followed by moving down to support level 1.2964.
Resistances: 1.3240, 1.3325, 1.3485.
Supports: 1.3153, 1.3060, 1.2964, 1.2995

GBPUSD
The pair is trading along an uptrend, however resistance level 1.5675 keeps the pair from further upside. If it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5740 - 1.5785.
An downtrend will start as soon as the pair drops below support level 1.5555, which will be followed by down to support level 1.5350.
Resistances: 1.5675, 1.5740, 1.5785, 1.5875
Supports: 1.5625, 1.5555, 1.5350

GOLD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1396, which will be followed by moving up to resistance level 1409 and 1420.
An downtrend will start as soon as the pair drops below support level 1382, which will be followed by moving down to support level 1375 and then 1356.
Resistances: 1396, 1409
Supports: 1382, 1375, 1356, 1339

 

[somnathmukherjee82]

EUR / USD
While it is not clear as to which direction the currency pair may take with respect to Camarilla Pivots, we advise traders to maintain their short positions based on the Sell signal generated by our indicator at around 1.3777 levels.
Intraday traders are advised to follow the following levels for the next trading session.

H5 1.3398
H4 1.3312
H3 1.3261
H2 1.3244
H1 1.3227
PP 1.3210
L1 1.3193
L2 1.3176
L3 1.3159
L4 1.3108
L5 1.3022

Strategy 1 : Wait for price to approach 1.3261 / 1.3159. When the price does so, it is expected that the market will reverse at 1.3261 / 1.3159 levels, which is where positions are opened against the trend.

Strategy 2 : Wait for 1.3312 / 1.3108 levels to be broken, which would signal a breakout trade setup and allow traders to trade the breakout in the direction of the trend.
For further detail regarding the strategies, please visit the Camarilla Levels page.

 

[strategist]

EURUSD
The pair is trading along an uptrend, with target set at the resistance level 1.3485 and If it keeps on moving up that level, we may expect the pair to reach resistance level 1.3670.
An downtrend will start as soon as the pair drops below support level 1.3290, which will be followed by moving down to support level 1.3060.
Resistances: 1.3485, 1.3670.
Supports: 1.3290, 1.3060.

GBPUSD
The pair is trading along an uptrend, however resistance level 1.5775 keeps the pair from further upside. If it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5875.
An downtrend will start as soon as the pair drops below support level 1.5675, which will be followed by down to support level 1.5625.
Resistances: 1.5775, 1.5875, 1.5990
Supports: 1.5700, 1.5675, 1.5625, 1.5555.

GOLD
The market is trading along an uptrend with target set at the level 1435.
An downtrend will start as soon as the market drops below support level 1409, which will be followed by moving down to support level 1396.
Resistances: 1435
Supports: 1409, 1396, 1387.

 

[strategist]

EURUSD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.3415 and than 1.3485, which will be followed by moving up to resistance level 1.3670.
An downtrend will start as soon as the pair drops below support level 1.3260, which will be followed by moving down to support level 1.3060.
Resistances: 1.3415, 1.3485, 1.3670.
Supports: 1.3290, 1.3260, 1.3060.

GBPUSD
The pair is trading along an uptrend with target set at the resistance level 1.5875 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5990.
An downtrend will start as soon as the pair drops below support level 1.5675, which will be followed by down to support level 1.5555.
Resistances: 1.5875, 1.5990
Supports: 1.5775, 1.5675, 1.5555.

GOLD
The market is trading along an uptrend with target set at the level 1485.
An downtrend will start as soon as the market drops below support level 1415, which will be followed by moving down to support level 1396.
Resistances: -
Supports: 1424, 1415, 1409, 1396.

 

[strategist]

EURUSD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.3310, which will be followed by moving up to resistance level 1.3415 and 1.3485.
An downtrend will start as soon as the pair drops below support level 1.3215, which will be followed by moving down to support level 1.3060.
Resistances: 1.3415, 1.3485.
Supports: 1.3215, 1.3060.

GBPUSD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1.5825 and 1.5875, which will be followed by moving up to resistance level 1.5990.
An downtrend will start as soon as the pair drops below support level 1.5716, which will be followed by down to support level 1.5610.
Resistances: 1.5825, 1.5875, 1.5990.
Supports: 1.5770, 1.5716, 1.5610.

GOLD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1396, which will be followed by moving up to resistance level 1409.
An downtrend will start as soon as the market drops below support level 1381, which will be followed by moving down to support level 1376 and 1362.
Resistances: 1391, 1396, 1409.
Supports: 1381, 1376, 1362.

 

[strategist]

EURUSD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.3260, which will be followed by moving up to resistance level 1.3415.
An downtrend will start as soon as the pair drops below support level 1.3165, which will be followed by moving down to support level 1.3060.
Resistances: 1.3260, 1.3290, 1.3415.
Supports: 1.3165, 1.3060.

GBPUSD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1.5810, which will be followed by moving up to resistance level 1.5882.
An downtrend will start as soon as the pair drops below support level 1.5715, which will be followed by down to support level 1.5615.
Resistances: 1.5810, 1.5882.
Supports: 1.5715, 1.5615.

GOLD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1396, which will be followed by moving up to resistance level 1414.
An downtrend will start as soon as the market drops below support level 1381, which will be followed by moving down to support level 1374 and 1362.
Resistances: 1393, 1396, 1414.
Supports: 1381, 1374, 1362.

 

[strategist]

EURUSD - weekly forecast, 01/03–01/07
The pair is trading along an uptrend. But due to the fact it has reached key resistance level 1.3410, we can expect it to rebound and start a downtrend with the downside target set at support level 1.3110 and further at 1.2875. Take into consideration that a downtrend’s development from resistance 1.3410 will be just preliminary, it won’t be fully confirmed until the pair gets under level 1.3290, which will be followed by moving down to support 1.3110 (with possible consequent correction to resistance 1.3235). If the market continues going down below level 1.3110 afterwards, it will get to support 1.2875.
Continuation of an uptrend can be expected in case the pair confidently rises above resistance level 1.3410, which will be followed by moving up to resistance 1.3670.

GBPUSD - weekly forecast, 01/03–01/07
The pair is trading along an uptrend, but its further upside is constrained by resistance levels 1.5590 and 1.5635, both of which had been tested last week.
We can expect an uptrend to continue in case the pair keeps rising above resistance level 1.5635, which will be followed by moving up to a strong resistance level 1.5725. Should the market get over that level too, it will get to key resistance 1.5800.

We can expect a downtrend to start in case the pair drops below support level 1.5545, which will be followed by moving down to support 1.5360. The nearest strong support is seen at level 1.5265.

GOLD - weekly forecast, 01/03–01/07
The gold is trading along the “B-B+” uptrend and it is above resistance level 1414. This speaks in favor of continuation of an uptrend with the upside target set at resistance 1438. If the market keeps moving up above that level, we can expect it to reach level 1472.

There is also a probability of a downtrend development from current level 1420, which will be confirmed as soon as the gold goes under support 1414. If so, it will then move down to support 1404. Should it go even lower than that, we will expect it to reach support 1375.

 

[strategist]

EUR/USD
Forecast weekly, 02/14–02/18
The pair is trading along a downtrend which will be staying in effect until the market gets over resistance level 1.3565. Current downtrend’s target is set at support levels 1.3365–1.3290. As soon as those support levels are reached, a probability of correction towards resistance 1.3565 will emerge. Should the pair continue its way down below support 1.3290, the downside momentum will grow stronger and the market’s next downside target will be set at support 1.3110.
An uptrend will start upon the pair rises above resistance level 1.3565, which will likely be followed by getting to resistance levels 1.3725 and 1.3820.

GBP/USD
Forecast weekly, 02/14–02/18
The pair is trading along a downtrend. We can expect the downtrend to continue upon the pair gets under support level 1.6000, which will be followed by moving down to support 1.5825, on the way to which level 1.5930 will serve as an intermediate support. As soon as support 1.5825 will be reached, a probability of correction towards resistance 1.6000 will emerge. But if it eventually gets under support 1.5825, we will expect the downside momentum to grow stronger and the pair to reach support 1.5590.
An uptrend will start upon the pair rises above resistance level 1.6105, which will be followed by moving up to resistance levels 1.6185, then to 1.6265, and finally to1.6445.

GOLD
Forecast weekly, 02/14–02/18
The gold’s market is trading along an uptrend, and resistance level 1363 is a key resistance (the upper boundary of the uptrend). In case there is no further upside movement above resistance level 1363, and the market retreats down below support 1354, we will expect a downtrend to develop with the downside target set at support 1336, on the way to which level 1345 will serve as an intermediate support. If the gold eventually gets under 1336, we will expect it to reach support 1311.
An uptrend will start upon the gold price rises above resistance level 1363. In such case the market’s next upside targets will be set at resistance levels 1375 and further at 1395.

 

[strategist]

EUR/USD: forecast weekly, 04/25 – 04/29
The pair keeps on trading along an uptrend. It is currently bouncing off trend’s higher boundary though. At the same time resistance level 1.4640 is being formed. Nearest key resistance up from that level is seen at 1.4720, therefore as long as the pair is trading below that mark, the uptrend will be bounded by current levels. We can expect the pair to continue rising if it eventually gets over resistance 1.4720, and then it is supposed to reach resistance 1.5000.
Support cloud is seen around marks 1.4430–1.4485. If the pair goes under those levels, a downtrend will start with the downside target set at support 1.4235, which touches the lower bound of the red up-trending channel. Should the pair also drop below level 1.4235, it will head towards levels 1.3975–1.4050.

Resistance: 1.4640, 1.4720, 1.5000
Support: 1.4485, 1.4430, 1.4235, 1.4050, 1.3975

 

[strategist]

EUR/USD
Forecast weekly, 06/20 – 06/24
The pair is trading along an downtrend.
An uptrend will start from support level 1.4180 and also as soon, as the pair rises above resistance level 1.4325, which will be followed by moving up to resistance level 1.4600.

The downtrend may be expected to continue in case the market drops below support level 1.4130 - 1.4090, which will be followed by reaching support level 1.3800.

Resistances: 1.4325, 1.4600
Supports: 1.4180, 1.4130, 1.4090, 1.3975, 1.3800

GBP/USD
Forecast weekly, 06/20–06/24
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.6120, which will be followed by reaching support level 1.6000 and then 1.5830.

An uptrend will start as soon as the pair rises above resistance level 1.6205, which will be followed by moving up to resistance level 1.6330 and then 1.6505.

Resistance: 1.6330, 1.6505
Support: 1.6120, 1.6000, 1.5830

 

[strategist]

EURUSD
Forecast weekly, 06/27 – 07/01
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.4090, which will be followed by reaching support level 1.3800.

An uptrend will start as soon as the pair rises above resistance level 1.4180, which will be followed by moving up to resistance level 1.4325 and then 1.4410.

Resistances: 1.4325, 1.4410
Supports: 1.4090, 1.3975, 1.3800

GBP/USD
Forecast weekly, 06/27–07/01
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5920, which will be followed by reaching support level 1.5830 and then 1.5555.

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 1.6090 and then 1.6305.

Resistance: 1.6000, 1.6040, 1.6090, 1.6205
Support: 1.5920, 1.5830, 1.5555