EUR/USD Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.1260, which will be followed by moving down to support level 1.1150.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1365, which will be followed by moving up to resistance level 1.1445 and then to 1.1550.
Previous forecast:
Weekly Forecast, 02 - 06 February
Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.1260, which will be followed by moving down to support level 1.1000 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0670.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1365, which will be followed by moving up to resistance level 1.1610.
Previous forecast:
Monthly forecast, January - February
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.2260, which will be followed by reaching support level 1.1500 and 1.1260.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2260, which will be followed by moving up to resistance level 1.2515 and 1.2800.
Previous forecast:
Long-term forecast, January - June 2015
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.2260, which will be followed by reaching support level 1.1000.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2260, which will be followed by moving up to resistance level 1.3940.
Previous forecast: