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Daily Forecast From June 26. EUR/USD, GBP/USD, Gold, US OIL

Published 06/26/2017, 05:54 AM
Updated 07/09/2023, 06:31 AM

Uptrend scenario:
Market is going to start downtrend from resistance level 1.1195 - 1.1215fx/1.1255 - 1.1275 cme, with target on support level 1.1145fx/1.1200cme and this downtrend may be expected to continue, while market is trading below resistance level 1.1215fx/1.1275cme.

Downtrend scenario:
An uptrend will start as soon as the market rises above resistance level 1.1215fx/1.1275cme, which will be followed by a move up to resistance level 1.1280fx/1.1335cme.

EUR/USD Daily Forecast Chart

GBP/USD

DAILY FORECAST

Uptrend scenario:
Market is going to start downtrend from resistance level 1.2750-1.2800fx/1.2795-1.2850cme, with target on support level 1.2650fx/1.2700cme and this downtrend may be expected to continue, while market is trading below resistance level 1.2800fx/1.2850cme.

Downtrend scenario:
An uptrend will start as soon as the market rises above resistance level 1.2800fx/1.2850cme, which will be followed by a move up to resistance level 1.2950fx/1.3000cme.

GBP/USD Daily Forecast Chart

Gold

DAILY FORECAST

Uptrend scenario:
Market is going to start downtrend from resistance level 1258, with target on support level 1249 and then possible to 1243. This downtrend may be expected to continue, while market is trading below resistance level 1258.

Downtrend scenario:
An uptrend will start as soon as the market rises above resistance level 1258, which will be followed by a move up to resistance level 1268.

Gold Daily Forecast Chart

US CRUDE OIL

Uptrend scenario:
Market is going to start downtrend from resistance level 43.65, with target on support level 42.90 and this downtrend may be expected to continue, while market is trading below resistance level 43.65.

Downtrend scenario:
An uptrend will start as soon as the market rises above resistance level 46.65, which will be followed by a move up to resistance level 44.45 - 44.90.

US Crude Oil Chart

Latest comments

Very good analysis. Keep it up
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