EUR/USD
Weekly Forecast, 14 - 18 September
Main scenario:
The pair is trading along an uptrend with target on 1.1380 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1615. In other way, from 1.1380, we will have correction to 1.1275.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1275, which will be followed by moving down to support level 1.1035.
GBP/USD
Weekly Forecast, 14 - 18 September
Main scenario:
The pair is trading along an uptrend with target on 1.5530, that may be expected to continue, while pair is trading above support level 1.5395. In other way from 1.5530 we will have correction to 1.5395.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.5395, which will be followed by moving down to support level 1.5270 and 1.5170.
GOLD
Weekly Forecast, 14 - 18 September
Main scenario:
The pair is reached its target on the level 1095 and now will be trading between level 1125 - 1095. The next downtrend may be expected to continue in case the market drops below support level 1095, which will be followed by reaching support level 1080.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1113, which will be followed by moving up to resistance level 1125 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1140 and 1160 - 1170.
Weekly Forecast, 14 - 18 September
Main scenario:
The pair is trading along an uptrend with target on 1.1380 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1615. In other way, from 1.1380, we will have correction to 1.1275.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1275, which will be followed by moving down to support level 1.1035.
GBP/USD
Weekly Forecast, 14 - 18 September
Main scenario:
The pair is trading along an uptrend with target on 1.5530, that may be expected to continue, while pair is trading above support level 1.5395. In other way from 1.5530 we will have correction to 1.5395.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.5395, which will be followed by moving down to support level 1.5270 and 1.5170.
GOLD
Weekly Forecast, 14 - 18 September
Main scenario:
The pair is reached its target on the level 1095 and now will be trading between level 1125 - 1095. The next downtrend may be expected to continue in case the market drops below support level 1095, which will be followed by reaching support level 1080.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1113, which will be followed by moving up to resistance level 1125 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1140 and 1160 - 1170.