Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3650, which will be followed by reaching resistance level 1.3730.
Alternative scenario:
A downtrend will start as soon, as the pair drops below support level 1.3650, which will be followed by moving down to support level 1.3570.
Support and Resistance levels:
Resistances: 1.3730
Supports: 1.3650 (main), 1.3615, 1.3570 (strong)EUR/USD Hour Chart" title="EUR/USD Hour Chart" width="740" height="480" src="https://d1-invdn-com.akamaized.net/content/pic03ba324dbcfc5918c2d6fb03b543e762.png">
Previous forecast:EUR/USD Hour Chart" title="EUR/USD Hour Chart" width="740" height="480" src="https://d1-invdn-com.akamaized.net/content/pic605e45187b360b0af5bf0a98ec891732.png">
Weekly Forecast: 21 - 25 October
Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3530, which will be followed by reaching resistance level 1.3850.
Alternative scenario:
A downtrend will start as soon, as the pair drops below support level 1.3530, which will be followed by moving down to support level 1.3380.
Support and Resistance levels:
Resistances: 1.3730, 1.3850 (main)
Supports: 1.35650 (strong), 1.3615, 1.3570 (strong), 1.3530 (main), 1.3490, 1.3380EUR/USD Hourly Chart" title="EUR/USD Hourly Chart" width="740" height="480" src="https://d1-invdn-com.akamaized.net/content/pic6c0862a7009021009c487fae1b9f1748.png">
Previous forecast:
Monthly forecast: October - November
Main scenario:
Market broke up huge sideways trend, that was forming between support level 1.2800 and resistance 1.3380-1.3425, that was the reason for strengthening of uptrend imulse and opened the way with trend growth on main resistance level 1.3850, that pair will reach during 3-6 weeks.
Alternative scenario:
Main support level market have on point 1.3380 and if pair will drops below it, pair will rush in downtrend on the lower boundary of sideways trend 1.2800 - 1.3425, and will reach support level 1.3175 and then 1.2990.
Support and Resistance levels:
Resistances: 1.3570 main, 1.3730 (intermediate), 1.3850 (main)
Supports: 1.3470 - 1.3425 (strong), 1.3380 (main), 1.3175 (strong), 1.2990 (main)EUR/USD Daily Chart" title="EUR/USD Daily Chart" width="740" height="480" src="https://d1-invdn-com.akamaized.net/content/pic74454cf2ed2a0ec36aba4861372d54a3.png">