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EUR/USD, GBP/USD, GOLD - Forecast by Anton Kolhanov

EUR/USD: trading on resistances 1.1215, but still with chance to reach 1.1380
Main scenario:
The pair is trading along an uptrend, that may be expected to continue in case the market rises above resistance level 1.1215, which will be followed by reaching resistance level 1.1380.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1085, which will be followed by moving down to support level 1.0985.

1593141058c91b3c2590560d010c1925_x.png



GBP/USD: sideways trading between 1.4400 and 1.4630
Main scenario:
The pair is trading along an uptrend with target, that may be expected to continue in case the market rises above resistance level 1.4630, which will be followed by reaching resistance level 14815.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4400, which will be followed by moving down to support level 1.4240.

a0aa26c4a4d3224d124e1263add0a953_x.png




GOLD: uptrend is continue with target on 1169
Main scenario:
The pair is trading along an uptrend with target, that may be expected to continue in case the market rises above resistance level 1157, which will be followed by reaching resistance level 1169.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1143, which will be followed by moving down to support level 1124.

83cbf92916fa6fc9173f1fb6b76e32fc_x.png
 
EUR/USD: correction to 1.1215 with potential of further downtrend to 1.1085
Main scenario:
The pair is trading along an correcton with target on 1.1215.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1085, which will be followed by moving down to support level 1.0985.

cd5004fd4ca507596f13479573c8416c_x.png



GBP/USD: correction to 1.4630
Main scenario:
The pair is trading along an uptrend with target on 1.4630 and may be expected to continue, while pair is trading above support level 1.4455 - 1.4400.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4400, which will be followed by moving down to support level 1.4240.

4c61ccc189e607851f6909dad48f5549_x.png




GOLD: uptrend is continue with target on 1176 - 1190
Main scenario:
The pair is trading along an uptrend with target on 1176 - 1190, that may be expected to continue, while pair is trading above support level 1156.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1156, which will be followed by moving down to support level 1142.

b7929fd33ef86c8d47c6aac52e0d986c_x.png
 
EUR/USD: re-bouncing from resistance 1.1215 with target to support 1.1110
Main scenario:
The pair is trading along an sideways trend between support 1.1085 and resistance 1.1215, where local downtrend is already started from 1.1215 with target on support 1.1110 - 1.1085.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.1215, which will be followed by reaching resistance level 1.1380.

6e692aa55b3bfe07b90dee198b618833_x.png




GBP/USD: further downtrend will continue with break down of 1.4360
Main scenario:
The pair is trading along an sideways trend between support 1.4360 and resistance level 1.4470, where downtrend may be expected to continue in case the market drops below support level 1.4360, which will be followed by reaching support level 1.4240.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4470, which will be followed by moving up to resistance level 1.4600.

0c7aacd262d15853e5efc111efb839dc_x.png
 
EUR/USD: we have risk of downtrend to 1.1085 with break down of 1.1215
Main scenario:
The pair is trading along an sideways trend between support 1.1215 and accumulation of resistance levels 1.1330 - 1.1380, that can be testing now in the second time.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1215, which will be followed by moving down to support level 1.1085.

437ec605c9dc8fd6416e6849fea4b915_x.png




GBP/USD: wtih further break up of 1.4630 uptrend will continue to 1.4815
Main scenario:
The pair is trading along an local uptrend with target on 1.4630 - 1.4600, from that we can expect rebounding to support level 1.4450.
Certain downtrend will start as soon, as the pair drops below support level 1.4450, which will be followed by moving down to support level 1.4360 and then to 1.4240.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.4630, which will be followed by reaching resistance level 1.4815.

a801c5d6e01b81d87c29a61a08387bb3_x.png




GOLD: further break down of 1176 will start downtrend to 1162
Main scenario:
The pair is trading along an sideways trend between support 1176 (where now is going) and resistance 1200.
The uptrend may be expected to continue in case the market rises above resistance level 1200, which will be followed by reaching resistance level 1222.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1176, which will be followed by moving down to support level 1162 and then to 1142.

a631f8bd9b93cef0e986248c828aab04_x.png
 
EUR/USD: with break down of 1.1290 will start downtrend to 1.1205
Main scenario:
The pair is trading along an sideways trend between support 1.1290 and main resistance level 1.1380.
An downtrend will start as soon, as the pair drops below support level 1.1290, which will be followed by moving down to support level 1.1205.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1.1380, which will be followed by reaching resistance level 1.1475.

62118fdd43337ccae2839586c4431c69_x.png




GBP/USD: trading sideways between 1.4360 and 1.4535
Main scenario:
The pair is trading along an sideways trend between support 1.4360 and resistance 1.4535.
An downtrend will start as soon, as the pair drops below support level 1.4360, which will be followed by moving down to support level 1.4240.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4535, which will be followed by moving up to resistance level 1.4630.

22016b230285a67ba2a162b6b7c8f110_x.png




GOLD: uptrend is continue with target on 1282
Daily forecast
Main scenario:
The pair is trading along an uptrend with target on 1282 and its may be expected to continue, while pair is trading above support level 1238.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1238, which will be followed by moving down to support level 1222.

9f177767fce143742f8f4e2d4d2fc5ac_x.png
 
EUR/USD Weekly forecast, Mar 14 - 18: dowtrend to 1.1010
Main scenario:
The pair is trading along an downtrend with target on 1.1010, that may be expected to continue, while pair is trading below resistance level 1.1215. Also downtrend may be expected to continue in case the market drops below support level 1.1010, which will be followed by reaching support level 1.0840.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1215, which will be followed by moving up to resistance level 1.1375.

794e0ee98c18285fa188b44da4b2d6d7_x.png




GBP/USD, Weekly forecast, Mar 14 - Mar 18: sideways trend between support 1.4210 and resistance 1.4450
Main scenario:
The pair is trading along an downtrend with target on 1.4210, that may be expected to continue, while pair is trading below resistance level 1.4450. ALso downtrend may be expected to continue in case the market drops below support level 1.4210, which will be followed by reaching support level 1.3875.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4450, which will be followed by moving up to resistance level 1.4660.

a96b010e9431564183e4fbe537f7db9d_x.png




GOLD, Weekly forecast, Mar 14 - 18: sideways trend between 1237 - 1287

Main scenario:
The pair is trading along an sideways trend between support 1237 and resistance 1287.
An downtrend will start as soon, as the pair drops below support level 1237, which will be followed by moving down to support level 1211 and 1190.

Alternative scenario:
The uptrend may be expected to continue in case the market rises above resistance level 1287, which will be followed by reaching resistance level 1318.

cdccc4ae9b9e88c242fe01730a3aa893_x.png
 
EUR/USD, 03.28.16: possible correction to 1.1250
Main scenario:
Market is trading in sideways trend and rebounding from support level 1.1250 to resistance 1.1325.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1250, which will be followed by moving down to support level 1.1175.

c19402b6372a7311c0053275c54e77c0_x.png



GBP/USD, 03.28.16: potential of correction to 1.4240
Main scenario:
The pair is trading along an sideways trend between support 1.4055 and resistance 1.4150.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4150, which will be followed by moving up to resistance level 1.4240 - 1.4290.

0e5bcbf7c0f00ba12fe3c66436313a4e_x.png



GOLD, 03.28.16 : downtrend to 1208
Main scenario:
The pair is trading along an downtrend with target on 1208.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1222, which will be followed by moving up to resistance level 1237.

e419c4c4996b24e07efcbda2ee4621d7_x.png
 
EUR/USD, 03.31.16: downtrend to 1.1160
Main scenario:
The pair is trading along an downtrend with target on 1.1250 and 1.1160, that may be expected to continue, while pair is trading below resistance level 1.1375.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1375, which will be followed by moving up to resistance level 1.1470.

afafce46ad295bee5e9c4a9283d4933b_x.png



GBP/USD, 03.31.16: downtrend to 40.60
Main scenario:
The pair is trading along an downtrend with target on 1.4180 and then to 1.4165, that may be expected to continue, while pair is trading below resistance level 1.4500.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4500, which will be followed by moving up to resistance level 1.4660.

086d6cb2862d6bad75be2cef1da92587_x.png




GOLD, 03.31.16 : sideways trend between 1216 - 1243
Main scenario:
The pair is trading along an sideways trend between support 1222 - 1216 and resistance 1243.
An downtrend will start as soon, as the pair drops below support level 1216, which will be followed by moving down to support level 1190.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1243, which will be followed by moving up to resistance level 1260.

4353a393c8f767e9ceb0985b02ceecc8_x.png
 
EUR/USD, Weekly forecast, Apr 4 - 8: trading on key resistance level 1.1440
Main scenario:
The pair is trading along an sideways trend between support 1.1315 and resistance 1.1440.
An downtrend will start as soon, as the pair drops below support level 1.1315, which will be followed by moving down to support level 1.1100.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1440, which will be followed by moving up to resistance level 1.1710.

95e533c58129a568f0f5e714ffa67ba6_x.png




GBP/USD, Weekly forecast, Apr 4 - 8: sideways trend between 1.410 - 1.4450
Main scenario:
The pair is trading along an sideways trend between supprt 1.4110 and resistance 1.4450.
The downtrend may be expected to continue in case the market drops below support level 1.4110, which will be followed by reaching support level 1.3900.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4450, which will be followed by moving up to resistance level 1.4815.

ff9ba8efade09a74bbaf8b061ad25604_x.png




GOLD, Weekly forecast, Apr 4 - 8: downtrend with target to 1190
Main scenario:
The pair is trading along an sideways trend between support 1208 and resistance 1225.
An downtrend will start as soon, as the pair drops below support level 1208, which will be followed by moving down to support level 1190.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1225, which will be followed by moving up to resistance level 1241 and 1260.

cda1dac8ca9f0483e33912838c78800b_x.png
 
EUR/USD, 04.06.16: sideways trend between 1.1315 and 1.1400
Main scenario:
The pair is trading along an sideways trend between support 1.1315 and resistance 1.1400.
An downtrend will start as soon, as the pair drops below support level 1.1315, which will be followed by moving down to support level 1.1250.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1400, which will be followed by moving up to resistance level 1.1440 and 1.1545.

13f104cc7873a8f423f766bf146a20c8_x.png



GBP/USD, 04.06.16: downtrend to 1.3975
Main scenario:
The pair is trading along an downtrend with target on 1.3975, that may be expected to continue, while pair is trading below resistance level 1.4150.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4200, which will be followed by moving up to resistance level 1.4380.

36856fa8bfc85f92e6929ed54f07c402_x.png



GOLD, 04.06.16 : sideways trend between 1223 - 1236
Main scenario:
The pair is trading along an sideways trend between support 1223 and resistance 1236.
An downtrend will start as soon, as the pair drops below support level 1223, which will be followed by moving down to support level 1215 - 1209.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1229, which will be followed by moving up to resistance level 1226 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1247.

5fd663f0cb189f31121fd6be95446d4b_x.png
 
EUR/USD
Weekly forecast, Apr 11 - 15: trading on key resistance level 1.1440

Main scenario:
The pair is trading along an sideways trend between support 1.1315 and resistance 1.1470.
An downtrend will start as soon, as the pair drops below support level 1.1315, which will be followed by moving down to support level 1.0920.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1470, which will be followed by moving up to resistance level 1.1700.

52adf8418a25f24042303c0f98fd27eb_x.png



GBP/USD
Weekly forecast, Apr 11 - 15: uptrend to 1.4380

Main scenario:
The pair is trading along an uptrend with target on 1.4380, that may be expected to continue, while pair is trading above support level 1.4120.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4120, which will be followed by moving down to support level 1.3900.

8156ba6c7454a23baa082d202b4abe50_x.png




GOLD
Weekly forecast, Apr 11 - 15: rebounding from 1260 to support 1215

Main scenario:
The pair is trading along an sideways trend between support 1241 and resistance 1260.
An downtrend will start as soon, as the pair drops below support level 1241, which will be followed by moving down to support level 1215.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1260, which will be followed by moving up to resistance level 1282.

4d4268244b7cc0f8984b2fef7d46d7ad_x.png
 
EUR/USD, 04.14.16: dowtrend with target on 1.1160
Main scenario:
The pair is trading along an downtrend with target on 1.1160, that may be expected to continue, while pair is trading below resistance level 1.1315.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1315, which will be followed by moving up to resistance level 1.1375.

e6f9944b44ac2c7d50b328b7906f9951_x.png



GBP/USD, 04.14.16: downtrend to 1.3975
Main scenario:
The pair is trading along an downtrend with target on 1.4050 and 1.3975, that may be expected to continue, while pair is trading below resistance level 1.4200.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4200, which will be followed by moving up to resistance level 1.4275.

70aac08ad43bf8f7b67cad8d800c74ef_x.png



GOLD, 04.14.16: downtrend to 1215
Main scenario:
The pair is trading along an downtrend with target on 1215, that may be expected to continue, while pair is trading below resistance level 1240.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1240, which will be followed by moving up to resistance level 1254.

f94d97dd13cb5c023168f9c92acb4619_x.png
 
EUR/USD, 04.21.16: dowtrend with target on 1.1100
Main scenario:
The pair is trading along an downtrend with target on 1.1100, that may be expected to continue, while pair is trading below resistance level 1.1400.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1400, which will be followed by moving up to resistance level 1.1500.

5a4babfc9cc3380afe8e226937e6376a_x.png



GBP/USD, 04.14.16: downtrend to 1.4135
Main scenario:
The pair is trading along an downtrend with target on 1.4135, that may be expected to continue, while pair is trading below resistance level 1.4400.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4400, which will be followed by moving up to resistance level 1.4535.

7c374b8fe41fb94f210e4ced0d2d3a01_x.png



GOLD, 04.21.16: rebounding from resistance 1260
Main scenario:
The pair is trading along an sideways trend between resisntance 1260 and support 1254.
An downtrend will start as soon, as the pair drops below support level 1254, which will be followed by moving down to support level 1240 and then to 1215.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1260, which will be followed by moving up to resistance level 1284.

f27a60a37d48781e63ed5067277789af_x.png
 
EUR/USD, 04.27.16: formation of pattern "triangle" before "Federal Funds Rate" news
Main scenario:
The pair is trading along an sideways trend between support 1.1205 and resistance level 1.1375.
An downtrend will start as soon, as the pair drops below support level 1.1205, which will be followed by moving down to support level 1.0920.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1375, which will be followed by moving up to resistance level 1.1510 and then 1.1700.

c910434500c9c342c97ccf600f4a22c3_x.png




GBP/USD, 04.27.16: possible changing of trend direction after "Federal Funds Rate" news
Main scenario:
The pair is trading along an uptrend with target on 1.4815, that may be expected to continue, while pair is trading above support level 1.4480.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4480, which will be followed by moving down to support level 1.4275, 1.4135.

f73921c16db8641460782c3dc040b604_x.png




GOLD, 04.27.16: sideways trend between 1237 and 1248

Main scenario:
The pair is trading along an sideways trend between resisntance 1248 and support 1237.
An downtrend will start as soon, as the pair drops below support level 1237, which will be followed by moving down to support level 1219, 1207.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1258, which will be followed by moving up to resistance level 1282.

a7fd80115bf9fe0cd220bb58ee0553b4_x.png
 
EUR/USD, Weekly forecast, May 02 - 06: break down of 1.1472 will open a target on 1.1300
Main scenario:
The pair is trading along an sideways trend between support 1.1472 and resistance 1.1533.
An downtrend will start as soon, as the pair drops below support level 1.1472, which will be followed by moving down to support level 1.1400 and then 1.1300.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1533, which will be followed by moving up to resistance level 1.1615 and then to 1.1700.

f165167ea7944f3c02a221a97d2054e3_x.png



GBP/USD, Weekly forecast, May 02 - 06: downtrend with target on 1.4130

Main scenario:
The pair is trading along an downtrend with target on 1.4130, that may be expected to continue, while pair is trading below resistance level 1.4670.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4670, which will be followed by moving up to resistance level 1.4815.

c03d17d421e13a07d27241cd314ff1a4_x.png




GOLD, Weekly forecast, May 02 - 06: rebounding from resistance 1300 to support 1227

Main scenario:
The pair is trading along an sideways trend between support 1279 and resistance 1307.
An downtrend will start as soon, as the pair drops below support level 1279, which will be followed by moving down to support level 1260 and then to 1227.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1307, which will be followed by moving up to resistance level 1330.

a3e790e7a03d223baa5eafa37c4f4651_x.png
 
EUR/USD, 05.06.16: break up of 1.1435 will open a target on 1.1615
Main scenario:
The pair is trading along an sideways trend between support 1.1400 and resistance 1.1435.
An uptrend will start as soon, as the pair rises above resistance level 1.1435, which will be followed by moving up to resistance level 1.1490, 1.1535 and 1.1615.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1400, which will be followed by moving down to support level 1.1300.

0ce939b97e4994b78990534b1c27c4f9_x.png



GBP/USD, 05.06.16: break up of 1.4515 will open target on 1.4670
Main scenario:
The pair is trading along an sideways trend between support 1.4450 and resistance 1.4515.
An uptrend will start as soon, as the pair rises above resistance level 1.4515, which will be followed by moving up to resistance level 1.4575 and 1.4670.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.4450, which will be followed by moving down to support level 1.4400 and 1.4330.

6c659c095e7496bd20fade4fa27b9ebe_x.png



GOLD, 05.06.16: break up of 1284 will open target on 1306

Main scenario:
The pair is trading along an sideways trend between support 1268 and resistance 1284.
An uptrend will start as soon, as the pair rises above resistance level 1284, which will be followed by moving up to resistance level 1295 and 1306.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1268, which will be followed by moving down to support level 1254.

33952e74878acdd4ecc6655dbd940abe_x.png
 
EUR/USD, 05.10.16: break up of 1.1400 will open a target on 1.1460
Main scenario:
The pair is trading along an sideways trend between support 1.1355 and resistance 1.1400.
An uptrend will start as soon, as the pair rises above resistance level 1.1400, which will be followed by moving up to resistance level 1.4660.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1355, which will be followed by moving down to support level 1.1300.

f3a2ec0670f9248fd8e3e5cf87349daa_x.png




GBP/USD, 05.10.16: rebounding from main support 1.4380
Main scenario:
The pair is trading along an sideways trend between support 1.4380 and resistance 1.4480.
An uptrend will start as soon, as the pair rises above resistance level 1.4480, which will be followed by moving up to resistance level 1.4600.

Alternative scenario:
The downtrend may be expected to continue in case the market drops below support level 1.4380, which will be followed by reaching support level 1.4315.

0985ac5661235d79be8d925c017127ab_x.png




GOLD, 05.10.16: break up of 1269 will open target on 1287
Main scenario:
The pair is trading along an sideways trend between support 1260 and resistance 1269.
An uptrend will start as soon, as the pair rises above resistance level 1269, which will be followed by moving up to resistance level 1287.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1260, which will be followed by moving down to support level 1249.

43ec0eb22267b44a2ae6624533825596_x.png
 
EUR/USD, 05.17.16: rebounding from resistance 1.1340 with target on support 1.1300
Main scenario:
Market is resounding from resistance level 1.1340 with target to support 1.1300.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.1340, which will be followed by moving up to resistance level 1.1370.

69139d1783ce72076f6d69f1dfaad8de_x.png



GBP/USD, 05.17.16: rebounding from resistance 1.4525 to support 1.4405

Main scenario:
The pair is trading along an sideways trend between 1.4480 and resistance 1.4525.
An downtrend will start as soon, as the pair drops below support level 1.4480, which will be followed by moving down to support level 1.4405.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4525, which will be followed by moving up to resistance level 1.4600.

5005c8a1a8c2e4e97c113f81f310c087_x.png



GOLD, 05.17.16: break down of 1269 will open target on 1260
Main scenario:
The pair is trading along an downtrend with target on 1269 and if it keeps on moving down below that level, we may expect the pair to reach support level 1260.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1278, which will be followed by moving up to resistance level 1287.

6a43c191ac3f19acc89b5d3c69129c70_x.png
 
EUR/USD, Weekly forecast, June 06 - 10: break up of 1.1450 will open target on 1.1615
Main scenario:
The pair is trading along an uptrend with target on 1.1450 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1615. Current uptrend may be expected to continue, while pair is trading above support level 1.1325.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1325, which will be followed by moving down to support level 1.1150.

110ebbfca0d48da49dbfbb63d4214d72_x.png



GOLD, Weekly forecast, June 06 - 10: uptrend with target on 1265
Main scenario:
The pair is trading along an uptrend with target on 1265, that may be expected to continue, while pair is trading above support level 1232.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1232, which will be followed by moving down to support level 1215.

314c0b369eeeca813aabbfa37b882eff_x.png
 
EUR/USD, Daily forecast, 06.09.16: continuation of uptrend to 1.1450
Main scenario:
The pair is trading along an uptrend with target on 1.1450, that may be expected to continue, while pair is trading above support level 1.1350.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.1350, which will be followed by moving down to support level 1.1220.

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GOLD, Daily forecast, 06.09.16: uptrend will continue to 1277 with break up of 1265
Main scenario:
The pair is trading along an sideways trend between support 1255 and resistance 1265.
An uptrend will start as soon, as the pair rises above resistance level 1265, which will be followed by moving up to resistance level 1277.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1255, which will be followed by moving down to support level 1244.

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