EURUSD, GBPUSD and GOLD forecasts

[Strategist]

EURUSD
The pair is trading along an uptrend, however resistance level 1.3240 - 1.3325 keeps the pair from further upside.
The uptrend may be expect to continue in case the market rises above resistance 1.3325, which will be followed by reaching resistance level 1.3485.
An downtrend will start as soon as the pair drops below support level 1.3153, which will be followed by moving down to support level 1.2964.
Resistances: 1.3240, 1.3325, 1.3485.
Supports: 1.3153, 1.3060, 1.2964, 1.2995




GBPUSD
The pair is trading along an uptrend, however resistance level 1.5675 keeps the pair from further upside. If it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5740 - 1.5785.
An downtrend will start as soon as the pair drops below support level 1.5555, which will be followed by down to support level 1.5350.
Resistances: 1.5675, 1.5740, 1.5785, 1.5875
Supports: 1.5625, 1.5555, 1.5350




GOLD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1396, which will be followed by moving up to resistance level 1409 and 1420.
An downtrend will start as soon as the pair drops below support level 1382, which will be followed by moving down to support level 1375 and then 1356.
Resistances: 1396, 1409
Supports: 1382, 1375, 1356, 1339

[Strategist]

EURUSD
The pair is trading along an uptrend, with target set at the resistance level 1.3485 and If it keeps on moving up that level, we may expect the pair to reach resistance level 1.3670.
An downtrend will start as soon as the pair drops below support level 1.3290, which will be followed by moving down to support level 1.3060.
Resistances: 1.3485, 1.3670.
Supports: 1.3290, 1.3060.





GBPUSD
The pair is trading along an uptrend, however resistance level 1.5775 keeps the pair from further upside. If it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5875.
An downtrend will start as soon as the pair drops below support level 1.5675, which will be followed by down to support level 1.5625.
Resistances: 1.5775, 1.5875, 1.5990
Supports: 1.5700, 1.5675, 1.5625, 1.5555.





GOLD
The market is trading along an uptrend with target set at the level 1435.
An downtrend will start as soon as the market drops below support level 1409, which will be followed by moving down to support level 1396.
Resistances: 1435
Supports: 1409, 1396, 1387.

[Strategist]

EURUSD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.3415 and than 1.3485, which will be followed by moving up to resistance level 1.3670.
An downtrend will start as soon as the pair drops below support level 1.3260, which will be followed by moving down to support level 1.3060.
Resistances: 1.3415, 1.3485, 1.3670.
Supports: 1.3290, 1.3260, 1.3060.




GBPUSD
The pair is trading along an uptrend with target set at the resistance level 1.5875 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5990.
An downtrend will start as soon as the pair drops below support level 1.5675, which will be followed by down to support level 1.5555.
Resistances: 1.5875, 1.5990
Supports: 1.5775, 1.5675, 1.5555.




GOLD
The market is trading along an uptrend with target set at the level 1485.
An downtrend will start as soon as the market drops below support level 1415, which will be followed by moving down to support level 1396.
Resistances: -
Supports: 1424, 1415, 1409, 1396.

[Strategist]

EURUSD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.3310, which will be followed by moving up to resistance level 1.3415 and 1.3485.
An downtrend will start as soon as the pair drops below support level 1.3215, which will be followed by moving down to support level 1.3060.
Resistances: 1.3415, 1.3485.
Supports: 1.3215, 1.3060.





GBPUSD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1.5825 and 1.5875, which will be followed by moving up to resistance level 1.5990.
An downtrend will start as soon as the pair drops below support level 1.5716, which will be followed by down to support level 1.5610.
Resistances: 1.5825, 1.5875, 1.5990.
Supports: 1.5770, 1.5716, 1.5610.





GOLD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1396, which will be followed by moving up to resistance level 1409.
An downtrend will start as soon as the market drops below support level 1381, which will be followed by moving down to support level 1376 and 1362.
Resistances: 1391, 1396, 1409.
Supports: 1381, 1376, 1362.

[Strategist]

EURUSD
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1.3260, which will be followed by moving up to resistance level 1.3415.
An downtrend will start as soon as the pair drops below support level 1.3165, which will be followed by moving down to support level 1.3060.
Resistances: 1.3260, 1.3290, 1.3415.
Supports: 1.3165, 1.3060.




GBPUSD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1.5810, which will be followed by moving up to resistance level 1.5882.
An downtrend will start as soon as the pair drops below support level 1.5715, which will be followed by down to support level 1.5615.
Resistances: 1.5810, 1.5882.
Supports: 1.5715, 1.5615.




GOLD
The pair is trading along an sideways trading pattern. An uptrend will start as soon as the pair rises above resistance level 1396, which will be followed by moving up to resistance level 1414.
An downtrend will start as soon as the market drops below support level 1381, which will be followed by moving down to support level 1374 and 1362.
Resistances: 1393, 1396, 1414.
Supports: 1381, 1374, 1362.

[Strategist]

EURUSD - weekly forecast, 01/03–01/07
The pair is trading along an uptrend. But due to the fact it has reached key resistance level 1.3410, we can expect it to rebound and start a downtrend with the downside target set at support level 1.3110 and further at 1.2875. Take into consideration that a downtrend’s development from resistance 1.3410 will be just preliminary, it won’t be fully confirmed until the pair gets under level 1.3290, which will be followed by moving down to support 1.3110 (with possible consequent correction to resistance 1.3235). If the market continues going down below level 1.3110 afterwards, it will get to support 1.2875.
Continuation of an uptrend can be expected in case the pair confidently rises above resistance level 1.3410, which will be followed by moving up to resistance 1.3670.





GBPUSD - weekly forecast, 01/03–01/07
The pair is trading along an uptrend, but its further upside is constrained by resistance levels 1.5590 and 1.5635, both of which had been tested last week.
We can expect an uptrend to continue in case the pair keeps rising above resistance level 1.5635, which will be followed by moving up to a strong resistance level 1.5725. Should the market get over that level too, it will get to key resistance 1.5800.

We can expect a downtrend to start in case the pair drops below support level 1.5545, which will be followed by moving down to support 1.5360. The nearest strong support is seen at level 1.5265.





GOLD - weekly forecast, 01/03–01/07
The gold is trading along the “B-B+” uptrend and it is above resistance level 1414. This speaks in favor of continuation of an uptrend with the upside target set at resistance 1438. If the market keeps moving up above that level, we can expect it to reach level 1472.

There is also a probability of a downtrend development from current level 1420, which will be confirmed as soon as the gold goes under support 1414. If so, it will then move down to support 1404. Should it go even lower than that, we will expect it to reach support 1375.