Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

EUR/USD, GBP/USD, GOLD, CRUDE OIL Daily Forecast

Published 09/26/2017, 06:41 AM
Updated 07/09/2023, 06:31 AM

DAILY FORECAST

EUR/USD

The market is trading along a sideways trend between support 1.1837 and resistance 1.1859.

An downtrend will start as soon, as the market drops below support level 1.1837 - 1.1821, which will be followed by a move down to support level 1.1760.

An uptrend will start as soon as the market rises above resistance level 1.1859, which will be followed by a move up to resistance level 1.1893 and if it keeps on moving up above that level, we may expect the market to reach resistance level 1.1947.

EUR/USD 60 Min Chart

GBP/USD

The market is trading along a sideways trend between support 1.3452 - 1.3426 and resistance 1.3495.

An downtrend will start as soon, as the market drops below support level 1.3426, which will be followed by a move down to support level 1.3295.

An uptrend will start as soon as the market rises above resistance level 1.3495, which will be followed by a move up to resistance level 1.3589.

GBP/USD 60 Min Chart

Gold

The market is trading along a sideways trend between support 1305 and resistance 1315.

An downtrend will start as soon, as the market drops below support level 1305, which will be followed by a move down to support level 1290.

An uptrend will start as soon as the market rises above resistance level 1315, which will be followed by a move up to resistance level 1323 - 1329.

Gold Min Chart

US Crude Oil

The market is trading along an uptrend with target on 52.87 and this uptrend may be expected to continue, while market is trading above support level 52.03.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

An downtrend will start as soon, as the market drops below support level 52.03, which will be followed by a move down to support level 51.45 and if it keeps on moving down below that level, we may expect the market to reach support level 50.87.

US Crude Oil Chart

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.