EURUSD, GBPUSD and GOLD forecasts

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

http://forexmillion.com/uploads/posts/1291369856_eurusd-h1.gif

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

http://forexmillion.com/uploads/posts/1291369865_gbpusd-h1.gif

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

http://forexmillion.com/uploads/posts/1291369843_gold-h1.gif

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.

http://forexmillion.com/uploads/posts/1291628531_eurusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1291628518_gbpusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1291628517_gold-h1.gif

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.

http://forexmillion.com/uploads/posts/1291718464_eurusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1291718521_gbpusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1291718448_gold-h1.gif

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.

http://forexmillion.com/uploads/posts/1291889260_eurusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1291889282_gbpusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1291889267_gold-h1.gif

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.

http://forexmillion.com/uploads/posts/1292237904_eurusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1292237880_gbpusd-h1.gif

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.

http://forexmillion.com/uploads/posts/1292237876_gold-h1.gif

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.

http://forexmillion.com/uploads/posts/1294046028_eurusd-h4.gif

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.

http://forexmillion.com/uploads/posts/1294046016_gbpusd-h4.gif

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.

http://forexmillion.com/uploads/posts/1294046050_gold-h4.gif

GBP/USD, forecast from: 12 May, 2015

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1.5575, which will be followed by reaching resistance level 1.5730 - 1.5790.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.5575, which will be followed by moving down to support level 1.5425.

http://forexmillion.com/uploads/posts/2008-12/1431425655_gbpusdh1.png

GOLD, forecast from: 12 May, 2015

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1190, which will be followed by reaching resistance level 1204.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1190, which will be followed by moving down to support level 1179.

http://forexmillion.com/uploads/posts/2008-12/1431425438_goldh1.png

EUR/USD, forecast from: 13 May, 2015

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1.1205, which will be followed by reaching resistance level 1.1350.

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 1.1145 and then to 1.1000.

http://forexmillion.com/uploads/posts/2008-12/1431513537_eurusdh1.png

EUR/USD, forecast from: 18 May, 2015

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1.1345, which will be followed by reaching resistance level 1.1470.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.1345, which will be followed by moving down to support level 1.1250.

http://forexmillion.com/uploads/posts/2008-12/1431945289_eurusdh1.png

GBP/USD, forecast from: 18 May, 2015

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.5730, which will be followed by reaching support level 1.5575.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5770, which will be followed by moving up to resistance level 1.5890.

http://forexmillion.com/uploads/posts/2008-12/1431945965_gbpusdh1.png

GOLD, forecast from: 18 May, 2015

Main scenario:

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1224, which will be followed by reaching resistance level 1239.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1224, which will be followed by moving down to support level 1213 and if it keeps on moving down below that level, we may expect the pair to reach support level 1193.

http://forexmillion.com/uploads/posts/2008-12/1431946877_goldh1.png

EUR/USD, forecast from: 25 May, 2015

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.1090, which will be followed by reaching support level 1.0805.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.0900, which will be followed by moving up to resistance level 1.1345.

http://forexmillion.com/uploads/posts/2008-12/1432537578_eurusdh1.png

GOLD, forecast from: 25 May, 2015

Main scenario:

The pair is trading along an downtrend.

The uptrend may be expected to continue while pair is trading above support level 1212, which will be followed by reaching resistance level 1193.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1212, which will be followed by moving up to resistance level 1225.

http://forexmillion.com/uploads/posts/2008-12/1432539856_goldh1.png

EURUSD, Weekly Forecast, 06 - 10 July

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 1.0970, which will be followed by reaching support level 1.0700.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.1100, which will be followed by moving up to resistance level 1.1390 - 1.1445.

http://forexmillion.com/uploads/posts/2008-12/1436180134_eurusdh4.png

GBPUSD, Weekly Forecast, 06 - 10 July

Main scenario:

The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1.5610, which will be followed by reaching support level 1.5290.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1.5610, which will be followed by moving up to resistance level 1.5740 and then to 1.5970.

http://forexmillion.com/uploads/posts/2008-12/1436180074_gbpusdh4.png

GOLD, Weekly Forecast, 06 - 10 July

Main scenario:

The pair is trading along an sideways trend.

An downtrend will start as soon, as the pair drops below support level 1153, which will be followed by moving down to support level 1136.

Alternative scenario:

An uptrend will start as soon, as the pair rises above resistance level 1172, which will be followed by moving up to resistance level 1201.

http://forexmillion.com/uploads/posts/2008-12/1436180106_goldh4.png