EUR/USD, GBP/USD, GOLD - Forecast by Anton Kolhanov

Anton Kolhanov

Active Trader
Sep 11, 2015
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0
27
kolhanov.com
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.

EURUSDH4(3)_x.png




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.

GBPUSDH1(1)_x.png





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.

GOLDH4(1)_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 17 September, 2015
Main scenario:

The pair is trading along an sideways trend between resistance 1.1380 and support 1.1220. An uptrend will start as soon, as the pair rises above resistance level 1.1380, which will be followed by moving up to resistance level 1.1480 and then to 1.1615.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1220, which will be followed by moving down to support level 1.1035.

EURUSDH4(4)_x.png




GBP/USD, forecast from: 17 September, 2015
Main scenario:

The pair is trading along an uptrend, that may be expected to continue in case the market rises above resistance level 1.5530, which will be followed by reaching resistance level 1.5620.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.5440, which will be followed by moving down to support level 1.5325.

GBPUSDH1(3)_x.png




GOLD, forecast from: 17 September, 2015
Main scenario:

The pair is trading along an uptrend and may be expected to continue in case the market rises above resistance level 1124, which will be followed by reaching resistance level 1140. In other way we will have correction to 1112-1108
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.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1108, which will be followed by moving down to support level 1095.

GOLDH1(3)_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 21 September, 2015
Main scenario:

The pair is trading along an sideways trend between resistance 1.1390 and support 1.1265. An uptrend will start as soon, as the pair rises above resistance level 1.1390, which will be followed by moving up to resistance level 1.1480.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1265, which will be followed by moving down to support level 1.1225 and to 1.1145.

EURUSDH1(2)_x.png




GBP/USD, forecast from: 21 September, 2015
Main scenario:

The pair is trading along an sideways trend between support 1.5515 and resistance level 1.5625. An downtrend will start as soon, as the pair drops below support level 1.5515, which will be followed by moving down to support level 1.5440 and then to 1.5340.

Alternative scenario:
An uptrend will not start while market is trading below resistance level 1.5625.

GBPUSDH1(4)_x.png




GOLD, forecast from: 21 September, 2015
Main scenario:

The pair is trading along an uptrend with target on 1160, that may be expected to continue in case the market rises above resistance level 1140.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1124, which will be followed by moving down to support level 1106.

GOLDH1(4)_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 22 September, 2015
Main scenario:

The pair is started uptrend from support elevel 1.1145 with target on resistance 1.1200, that may be expected to continue, while pair is trading above support level 1.1145.

Alternative scenario:
The downtrend may be expected to continue in case the market drops below support level 1.1145, which will be followed by reaching support level 1.1035.

EURUSDH1(3)_x.png




GBP/USD, forecast from: 22 September, 2015
Main scenario:

The pair is trading along an downtrend with target on 1.5440, that may be expected to continue, while pair is trading below resistance level 1,5515.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5515, which will be followed by moving up to resistance level 1.5585.

GBPUSDH1(5)_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 23 September, 2015
Main scenario:
The pair is trading along an downtrend with target on 1.1035 and may be expected to continue, while pair is trading below resistance level 1.1150.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1150, which will be followed by moving up to resistance level 1.1265.

EURUSDH1%284%29_x.png



GBP/USD, forecast from: 23 September, 2015

Main scenario:
The pair is trading along an downtrend with target on 1.5270 and ma be expected to continue in case the market drops below it, which will be followed by reaching support level 1.5170.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5355, which will be followed by moving up to resistance level 1.5440.

GBPUSDH1%286%29_x.png




GOLD, forecast from: 23 September, 2015

Main scenario:
The pair is trading along an downtrend and may be expected to continue in case the market drops below support level 1121.50, which will be followed by reaching support level 1108.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1128, which will be followed by moving up to resistance level 1140.

GOLDH1%285%29_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 25 September, 2015
Main scenario:
The pair is trading along an downtrend with target on 1.1110, that may be expected to continue, while pair is trading below resistance level 1.1190. Then downtrend may be expected to continue in case the market drops below support level 1.1110, which will be followed by reaching support level 1.1035.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1190, which will be followed by moving up to resistance level 1.1265.

EURUSDH1%285%29_x.png




GBP/USD, forecast from: 25 September, 2015

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 1.5170, which will be followed by reaching support level 1.5065.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5285, which will be followed by moving up to resistance level 1.5440.

GBPUSDH1%287%29_x.png




GOLD, forecast from: 25 September, 2015

Main scenario:
The pair is trading along an uptrend with target on 1160, that may be expected to continue, while pair is trading above support level 1145.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1145, which will be followed by moving down to support level 1140 and if it keeps on moving down below that level, we may expect the pair to reach support level 1132.

GOLDH1%286%29_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 30 September, 2015
Main scenario:
The pair is trading along an uptrend with target on 1.1335, that may be expected to continue, while pair is trading above support level 1.1205.

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 1.1110.

EURUSDH1%287%29_x.png




GBP/USD, forecast from: 30 September, 2015

Main scenario:
The pair is trading along an downtrend with target on 1.5065, may be expected to continue, while pair is trading below resistance level 1.5230.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5230, which will be followed by moving up to resistance level 1.5340.

GBPUSDH1%289%29_x.png




GOLD, forecast from: 30 September, 2015

Main scenario:
The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1124, which will be followed by reaching support level 1117 and then to 1108.

Alternative scenario:
An uptrend start can be expecting from support level 1124, which will be followed by moving up to resistance level 1133 and then to 1140.

GOLDH1%288%29_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 2 October, 2015
Main scenario:
The pair is trading along an sideways trend between resistance 1.1200 and support 1.1110 levels. An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1335 - 1.1390.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1110, which will be followed by moving down to support level 1.0980.

EURUSDH1%288%29_x.png




GBP/USD, forecast from: 2 October, 2015

Main scenario:
The downtrend may be expected to continue, while pair is trading below resistance level 1.5200, which will be followed by reaching support level 1.5065 and then to 1.4970.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5200, which will be followed by moving up to resistance level 1.5285 - 1.5340.

GBPUSDH1%2810%29_x.png




GOLD, forecast from: 2 October, 2015

Main scenario:
The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1108, which will be followed by reaching support level 1095 and then to 1080.

Alternative scenario:
An uptrend start can be expecting from support level 1117, which will be followed by moving up to resistance level 1124 and then to 1133 - 1140.

GOLDH1%289%29_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, Weekly Forecast, 5 - 9 October
Main scenario:

The pair is trading along an sideways trend between resistance 1.1260 - 1.1335 and support 1.1110 levels. An uptrend will start as soon, as the pair rises above resistance level 1.1335, which will be followed by moving up to resistance level 1.1480 and then to 1.1615.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1110, which will be followed by moving down to support level 1.0980.

EURUSDH4%287%29_x.png




GBP/US, Weekly Forecast, 5 - 9 October
Main scenario:

The pair is trading along an uptrend with target on 1.5285, and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5515.

Alternative scenario:

An downtrend will start as soon, as the pair drops below support level 1.5120, which will be followed by moving down to support level 1.4970.

GBPUSDH4%285%29_x.png




GOLD, Weekly Forecast, 5 - 9 October
Main scenario:

The pair is trading along an uptrend with target on 1152, that may be expected to continue in case the market rises above resistance level 1140.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1124, which will be followed by moving down to support level 1108.

GOLDH4%284%29_x.png



+188 pips on GOLD (September 28 - October 2)
During September 28 to October 2 with students we have made +188 pips of profit by GOLD, due to pair forecast and our trading plan:
Deal was:GOLD: buy 1120.30, close 119.14, result: +188 pips;

Our trading result from forecasted chart:
GOLDH1%289%29_x2_x.png


forecast was: October 2
GOLDH1%289%29_x_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from: 19 October, 2015
Main scenario:
The pair is trading along an downtrend with target on 1.1275 and below, that may be expected to continue, while pair is trading below resistance level 1.1370.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1370, which will be followed by moving up to resistance level 1.1450.

777fa8dbd3497437c2191557ed1fae96_x.png




GBP/USD, forecast from: 19 October, 2015
Main scenario:
The pair is trading along an downtrend with target on 1.5345 and below, may be expected to continue, while pair is trading below resistance level 1.5500.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5500, which will be followed by moving up to resistance level 1.5625.

1621ca516962fdd7da9fc376056951e0_x.png




GOLD, forecast from: 19 October, 2015
Main scenario:
The pair is trading along an sideways trend. An downtrend will start as soon, as the pair drops below support level 1174, which will be followed by moving down to support level 1160.

Alternative scenario:
An uptrend will not start while market is trading below resistance 1190.
ed46e2031da18f14242ac70e78ecec30_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast: Wednesday, 14 December, 2015
Main scenario:
The pair is trading along an sideways trend between support 1.0935 and resistance level 1.1035.
An downtrend will start as soon, as the pair drops below support level 1.9035, which will be followed by moving down to support level 1.0590.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1035, which will be followed by moving up to resistance level 1.1215.

864154b6e1633feb03152dbc506675ea_x.png



GBP/USD, forecast: Wednesday, 14 December, 2015
Main scenario:
The pair is trading along an downtrend with target on 1.5030 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.4800.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.5235, which will be followed by moving up to resistance level 1.5440.

89af04fc0a7f7441bbf0e8ce6be61657_x.png



GOLD, forecast: Wednesday, 14 December, 2015
Main scenario:
The pair is trading along an sideways trend between support 1057 and resistance level 1080.
An uptrend will start as soon, as the pair rises above resistance level 1080, which will be followed by moving up to resistance level 1094 and then to 1122.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1057, which will be followed by moving down to support level 1045.

7b24a4402066d582873c5d4d20fdaaff_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, Weekly forecast
Main scenario:

The pair is trading along an sideways trend between support 1.0800 and resistance 1.0970 levels.
An downtrend will start as soon, as the pair drops below support level 1.0800, which will be followed by moving down to support level 1.0580.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.0970, which will be followed by moving up to resistance level 1.1200.

cb5dccc00c328c2b3fcb025d58c43380_x.png



GBP/USD, Weekly forecast
Main scenario:

The pair is trading along an downtrend with target on 1.4630 and then on 1.4470, that may be expected to continue, while pair is trading below resistance level 1.4815.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4815, which will be followed by moving up to resistance level 1.5030.

f4b3dfd72328d283476303b15ac164b5_x.png



GOLD, Weekly forecast
Main scenario:

The pair is trading along an sideways trend between support 1060 and resistance level 1076.
An downtrend will start as soon, as the pair drops below support level 1060 and then 1050, which will be followed by moving down to support level 1027.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1076, which will be followed by moving up to resistance level 1095.

fd56ef676b4162eacb379fdaacf7a96e_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD, forecast from 8 January, 2016
Main scenario:

The pair is trading along an sideways trend between support 1.0815 and resistance 1.0970 levels.
An downtrend will start as soon, as the pair drops below support level 1.0815, which will be followed by moving down to support level 1.0730 and then 1.0580.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.0970, which will be followed by moving up to resistance level 1.1200.

343619b77a7f61e8540c417da3f5b2b9_x.png



GBP/USD, forecast from 8 January, 2016
Main scenario:

The pair is trading along an sideways trend between resistance 1.4630 and support 1.4530 levels.
An uptrend will start as soon, as the pair rises above resistance level 1.4630, which will be followed by moving up to resistance level 1.4815

Alternative scenario:
The downtrend may be expected to continue in case the market drops below support level 1.4530, which will be followed by reaching support level 1.4470.

b516f088c98c2e0a1837ab1911f690bd_x.png



GOLD, forecast from 8 January, 2016
Main scenario:

The pair is trading along an sideways trend between support 1095 and resistance level 1133.
An downtrend will start as soon, as the pair drops below support level 1095, which will be followed by moving down to support level 1076.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1113, which will be followed by reaching resistance level 1135.

6ec1526640e61e7e8ddf8f45ef92dfa2_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
GBP/USD: in downtrend with target on 1.4270
Main scenario:
The pair is trading along an downtrend with target on 1.4470 then 1.4270, that ay be expected to continue, while pair is trading below resistance level 1.4630.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4630, which will be followed by moving up to resistance level 1.4815.

2383057f6cb15568591f9818e16ae314_x.png



GOLD: double top with target on 1050

Main scenario:
The pair is trading along an sideways trend as "double top" pattern, between resistance 1107 and support 1092 levels.
An downtrend will start as soon, as the pair drops below support level 1092, which will be followed by moving down to support level 1076 and then to 1062, 1050.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1107, which will be followed by reaching resistance level 1135.

a56f994f03029ce72bf8bd1073a9d2ef_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD: sideways between 1.1000 and 1.0865
Main scenario:

The pair is trading along an sideways trend between support 1.0865 and resistance 1.1000 levels.
An downtrend will start as soon, as the pair drops below support level 1.0865, which will be followed by moving down to support level 1.0730 and then 1.0580.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1000, which will be followed by moving up to resistance level 1.1200.

816ebf427b55d518c4eb7d8477bb9045_x.png



GBP/USD: in downtrend with target on 1.4070
Main scenario:

The pair is trading along an downtrend with target on 1.4070, that may be expected to continue, while pair is trading below resistance level 1.4270.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4270, which will be followed by moving up to resistance level 1.4470.

0e7edb72aed13f5cfbd605e3032c85f2_x.png



GOLD: break of resistance 1095 can start uptrend to 1115
Main scenario:

The pair is trading along an sideways trend between resistance 1095 and support level 1076.
An uptrend will start as soon, as the pair rises above resistance level 1095, which will be followed by moving up to resistance level 1115.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1076, which will be followed by moving down to support level 1055.

0f07e287b9d96786b33abb687e13a5e5_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD: break up of 1.0855 will start uptrend to 1.1200
Main scenario:
The pair is trading along an sideways trend with abbility of drop to 1.0710, where if market will keeps on moving down below that level, we may expect the pair to reach support level 1.0580.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.0855, which will be followed by moving up to resistance level 1.0985 and then to 1.1200.

ad7410a53483a3b5cc6f5eca171d760b_x.png



GBP/USD: we have a bottom on 1.4070 and opportunity of uptrend to 1.4530

Main scenario:
The pair is trading along an sideways trend between support 1.4070, that is looking like a bottom of that downtrend, and resistance 1.4325.
An uptrend will start as soon, as the pair rises above resistance level 1.4325, which will be followed by moving up to resistance level 1.4530 and then to 1.4815.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4070, which will be followed by moving down to support level 1.3700.

06174428f64ca1b87650baee3ca394de_x.png



GOLD: further break up of 1108 will open a road on 1135

Main scenario:
The pair is trading along an sideways trend between resistance 1108 and supports 1093 - 1076.
From resistance 1108 I expect correction on support level 1093 and if it keeps on moving down below that level, we may expect the pair to reach support level 1076.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1108, which will be followed by moving up to resistance level 1135.

c0c9941cbe9df294a3f774d50155a3dc_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD: sideways trading between 1.0915 and 1.0855
Main scenario:
The pair is trading along an sideways trend between resistance 1.0915 and support 1.0815.
An uptrend will start as soon, as the pair rises above resistance level 1.0915, which will be followed by moving up to resistance level 1.0985.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.0855, which will be followed by moving down to support level 1.0785.

1031c32bc707cc6dfbc49c503252350a_x.png



GOLD: "head & shoulders" with target on 1108
Main scenario:
The pair is trading along an sideways trend with creation of trend turn down pattern "head and shoulders".
An downtrend will start as soon, as the pair drops below support level 1117, which will be followed by moving down to support level 1108.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1122, which will be followed by reaching resistance level 1129.

b94a6aafaced4349f927d92b33f97098_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD: further break down of 1.0810 will continue downtrend to 1.0710
Main scenario:
The pair is trading along an downtrend, that may be expected to continue in case the market drops below support level 1.0810, which will be followed by reaching support level 1.0710.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.0860, which will be followed by moving up to resistance level 1.0940.

ab05ac41694537d25d33cf8f95107cfa_x.png



GBP/USD: break up of 1.4245 will start uptrend to 1.4355
Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1.4245, which will be followed by moving up to resistance level 1.4355.

Alternative scenario:
The downtrend may be expected to continue, while pair is trading below resistance level 1.4245, which will be followed by reaching support level 1.4150 - 1.4070.

0dfa7aae7baa9d22b151d0b4327bc26d_x.png



GOLD: uptrend is continue to 1125 and 1135
Main scenario:
The pair is trading along an uptrend with target on 1125 and then on 1135, and may be expected to continue, while pair is trading above support level 1108.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1108, which will be followed by moving down to support level 1100.

190938afb819ab52fb6a2719781cfced_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD: rebounding from resistance 1.0915 with target on 1.0830
Main scenario:
Market is starting downtrend from resistance level 1.0915, from that is going to reach support at 1.0830.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.0915, which will be followed by reaching resistance level 1.0975.

34a5d5df2ba2a09fe15a0a5ab056f95f_x.png



GBP/USD: break 1.4355 will start downtrend to 1.4235
Main scenario:
The pair is trading along an sideways trend between support 1.4355 and resistance 1.4410.
An downtrend will start as soon, as the pair drops below support level 1.4355, which will be followed by moving down to support level 1.4235.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4410, which will be followed by moving up to resistance level 1.4535.

410b6d6a785edb837248150facd762e4_x.png




GOLD: uptrend is continue 1135, but break down of 1125 can start downtrend to 1115
Main scenario:
The pair is trading along an uptrend with target on 1135, and may be expected to continue, while pair is trading above support level 1125.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1125, which will be followed by moving down to support level 1115.

0762e3be686f0fc8f1fa02bde4754884_x.png
 

Anton Kolhanov

Active Trader
Sep 11, 2015
97
0
27
kolhanov.com
EUR/USD: sideways before US ADP news
Main scenario:
The pair is trading along an sideways trend between support 1.0890 and resistance 1.0940.
An uptrend will start as soon, as the pair rises above resistance level 1.0940, which will be followed by moving up to resistance level 1.0985 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1095.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.0890, which will be followed by moving down to support level 1.0830.

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GBP/USD: uptrend will continue to 1.4630 with break up of 1.4465
Main scenario:
The pair is trading along an sideways trend between support 1.4345 and resistance 1.4465.
The uptrend may be expected to continue in case the market rises above resistance level 14465, which will be followed by reaching resistance level 1.4535 and 1.4630.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4345, which will be followed by moving down to support level 1.4235.

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