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Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Technical and Fundamental Analysis-Trading Signals » Daily Forecast: EUR/USD, GBP/USD, GOLD by ForexMillion

Daily Forecast: EUR/USD, GBP/USD, GOLD by ForexMillion

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ForexMillion



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.

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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.

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ForexMillion



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.
 
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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.
 
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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.
 
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ForexMillion



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.

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ForexMillion



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.
 
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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.
 
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