Main scenario:
The EUR/USD pair is trading along an sideways trend.
The downtrend may be expected to continue in case the market drops below support level 1.3345, which will be followed by reaching support level 1.3295.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.3390, which will be followed by moving up to resistance level 1.3430 and then to 1.3465.
Previous forecast:
Weekly Forecast, 04 - 08 August
Main scenario:
The pair is trading along an downtrend.
An uptrend will start as soon, as the pair rises above resistance level 1.3440 - 1.3485, which will be followed by moving up to resistance level 1.3540 and then to 1.3640.
Alternative scenario:
The downtrend may be expected to continue in case the market drops below support level 1.3365, which will be followed by reaching support level 1.3295 and then to 1.3200.
Previous forecast:
Monthly forecast, August - September (updated 08/04/14)
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.3365, which will be followed by reaching support level 1.3220 and then to 1.2800.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.3540, which will be followed by moving up to resistance level 1.3640 and then to 1.3860.
Previous forecast:
Long-term forecast, May - August
Main scenario:
The pair is trading along an sideways trend.
An downtrend is already started from resistance level 1.4000, which will be followed by moving down to support level 1.3480 and then to 1.2800 - 1.2300.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4000, which will be followed by moving up to resistance level 1.4850.
Previous forecast: