Thursday forecast
Weekly forecast
EUR/USD, Wednesday forecast, September 25
The uptrend may be expected to continue, while pair is trading above support level 1.0985, which will be followed by reaching resistance level 1.1024 – 1.1040.
An downtrend will start as soon, as the pair drops below support level 1.0985, which will be followed by moving down to support level 1.0967.
GOLD, Wednesday forecast, September 25
The downtrend may be expected to continue, while pair is trading below resistance level 1534, which will be followed by reaching support level 1524 and if it keeps on moving down below that level, we may expect the pair to reach support level 1515.
An uptrend will start as soon, as the pair rises above resistance level 1535, which will be followed by moving up to resistance level 1542.
WTI Crude oil, Wednesday forecast, September 25
The downtrend may be expected to continue, while pair is trading below resistance level 57.50, which will be followed by reaching support level 55.66 and 55.05.
An uptrend will start as soon, as the pair rises above resistance level 57.50, which will be followed by moving up to resistance level 58.05 and 58.70.
S&P500, Wednesday forecast, September 25
The downtrend may be expected to continue, while pair is trading below resistance level 2981, which will be followed by reaching support level 2957 and if it keeps on moving down below that level, we may expect the pair to reach support level 2941.
An uptrend will start as soon, as the pair rises above resistance level 2981, which will be followed by moving up to resistance level 3008.
EUR/USD, Thursday forecast, September 26
The downtrend may be expected to continue, while pair is trading below resistance level 1.0965, which will be followed by reaching support level 1.0937 and 1.0926.
An uptrend will start as soon, as the pair rises above resistance level 1.0965, which will be followed by moving up to resistance level 1.0987 and if it keeps on moving up above that level, we may expect the pair to reach resistance level1.1024.
GOLD, Thursday forecast, September 26
The uptrend may be expected to continue, while pair is trading above support level 1504, which will be followed by reaching resistance level 1511 and 1515.
An downtrend will start as soon, as the pair drops below support level 1504, which will be followed by moving down to support level 1493.
WTI Crude oil, Thursday forecast, September 26
The uptrend may be expected to continue, while pair is trading above support level 56.20, which will be followed by reaching resistance level 56.75 and 57.50.
An downtrend will start as soon, as the pair drops below support level 56.20, which will be followed by moving down to support level 55.66 and if it keeps on moving down below that level, we may expect the pair to reach support level 54.90.
S&P500, Thursday forecast, September 26
The uptrend may be expected to continue, while pair is trading above support level 2974, which will be followed by reaching resistance level 2991 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 3008.
An downtrend will start as soon, as the pair drops below support level 2974, which will be followed by moving down to support level 2956.
EUR/USD, Monday forecast, September 30
The uptrend may be expected to continue, while pair is trading above support level 1.0920 – 1.0905, which will be followed by reaching resistance level 1.0967.
Downtrend is not expecting today
GOLD, Monday forecast, September 30
The downtrend may be expected to continue, while pair is trading below resistance level 1493.8, which will be followed by reaching support level 1483.
An uptrend will start as soon, as the pair rises above resistance level 1493.8, which will be followed by moving up to resistance level 1501.1.
WTI Crude oil, Monday forecast, September 30
The downtrend may be expected to continue in case the market drops below support level 55.41, which will be followed by reaching support level 54.80.
An uptrend will start as soon, as the pair rises above resistance level 55.94, which will be followed by moving up to resistance level 56.65.
S&P500, Monday forecast, September 30
The uptrend may be expected to continue, while pair is trading above support level 2971.5, which will be followed by reaching resistance level 2986.
An downtrend will start as soon, as the pair drops below support level 2971.5, which will be followed by moving down to support level 2964 and 2953.75.
EUR/USD, Tuesday forecast, October 1
The downtrend may be expected to continue, while pair is trading below resistance level 1.0905 – 1.0926, which will be followed by reaching support level 1.0838.
Uptrend is not expecting today.
GOLD, Tuesday forecast, October 1
The downtrend may be expected to continue, while pair is trading below resistance level 1464.3, which will be followed by reaching support level 1452.7.
An uptrend will start as soon, as the pair rises above resistance level 1464.3, which will be followed by moving up to resistance level 1474.8.
WTI Crude oil, Tuesday forecast, October 1
The downtrend may be expected to continue, while pair is trading below resistance level 54.80, which will be followed by reaching support level 53.93 and if it keeps on moving down below that level, we may expect the pair to reach support level 53.25.
An uptrend will start as soon, as the pair rises above resistance level 54.80, which will be followed by moving up to resistance level 55.55 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 56.65.
S&P500, Tuesday forecast, October 1
The uptrend may be expected to continue in case the market rises above resistance level 2996.5, which will be followed by reaching resistance level 3008.5.
An downtrend will start as soon, as the pair drops below support level 2986, which will be followed by moving down to support level 2972.
EUR/USD, Monday forecast, October 7
The downtrend may be expected to continue, while pair is trading below resistance level 1.0987, which will be followed by reaching support level 1.0940.
An uptrend will start as soon, as the pair rises above resistance level 1.0996, which will be followed by moving up to resistance level 1.1040.
GOLD, Monday forecast, October 7
The downtrend may be expected to continue, while pair is trading below resistance level 1509.2, which will be followed by reaching support level 1494.2.
An uptrend will start as soon, as the pair rises above resistance level 1509.2, which will be followed by moving up to resistance level 1516.2.
WTI Crude oil, Monday forecast, October 7
The uptrend may be expected to continue, while pair is trading above support level 52.92, which will be followed by reaching resistance level 53.35 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 54.15.
An downtrend will start from resistance 53.35, which will be followed by moving down to support level 52.59 and 52.03.
S&P500, Monday forecast, October 7
An uptrend will start as soon, as the pair rises above resistance level 2947.5, which will be followed by moving up to resistance level 2968.5.
An downtrend will start as soon, as the pair drops below support level 2927.75, which will be followed by moving down to support level 2896.75
EUR/USD, Thursday forecast, October 17
The uptrend may be expected to continue, while pair is trading above support level 1.1067, which will be followed by reaching resistance level 1.1108.
An downtrend will start as soon, as the pair drops below support level 1.1062, which will be followed by moving down to support level 1.1033 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0987.
GOLD, Thursday forecast, October 17
The downtrend may be expected to continue, while pair is trading below resistance level 1494.2, which will be followed by reaching support level 1480.8 and if it keeps on moving down below that level, we may expect the pair to reach support level 1472.
An uptrend will start as soon, as the pair rises above resistance level 1494.2, which will be followed by moving up to resistance level 1505.4.
WTI Crude oil, Thursday forecast, October 17
The uptrend may be expected to continue, while pair is trading above support level 52.57, which will be followed by reaching resistance level 53.74 – 54.06.
An downtrend will start as soon, as the pair drops below support level 52.30, which will be followed by moving down to support level 51.38.
S&P500, Thursday forecast, October 17
The pair is trading along an sideways trend between support 2984 and resistance 2997.
An downtrend will start as soon, as the pair drops below support level 2984, which will be followed by moving down to support level 2971 – 2959.
An uptrend will start as soon, as the pair rises above resistance level 2997, which will be followed by moving up to resistance level 3008.
EUR/USD, Tuesday forecast, October 22
The uptrend may be expected to continue, while pair is trading above support level 1.1139, which will be followed by reaching resistance level 1.1201.
An downtrend will start as soon, as the pair drops below support level 1.1139, which will be followed by moving down to support level 1.1106
GOLD, Tuesday forecast, October 22
The uptrend may be expected to continue, while pair is trading above support level 1480.8, which will be followed by reaching resistance level 1494.2.
An downtrend will start as soon, as the pair drops below support level 1480.8, which will be followed by moving down to support level 1476.9 and 1472.2.
WTI Crude oil, Tuesday forecast, October 22
The uptrend may be expected to continue, while pair is trading above support level 52.91, which will be followed by reaching resistance level 54.18.
An downtrend will start as soon, as the pair drops below support level 52.91, which will be followed by moving down to support level 52.30.
S&P500, Tuesday forecast, October 22
The uptrend may be expected to continue, while pair is trading above support level 3008.5, which will be followed by reaching resistance level 3024.5.
An downtrend will start as soon, as the pair drops below support level 3008.5, which will be followed by moving down to support level 2996.5.
EUR/USD, Thursday forecast, October 24
An uptrend will start as soon, as the pair rises above resistance level 1.1150, which will be followed by moving up to resistance level 1.1200.
An downtrend will start as soon, as the pair drops below support level 1.1108, which will be followed by moving down to support level 1.1072.
GOLD, Thursday forecast, October 24
An downtrend will start as soon, as the pair drops below support level 1490, which will be followed by moving down to support level 1483.
An uptrend will start as soon, as the pair rises above resistance level 1497, which will be followed by moving up to resistance level 1505.
WTI Crude oil, Thursday forecast, October 24
The downtrend may be expected to continue, while pair is trading below resistance level 56.07, which will be followed by reaching support level 54.93 and if it keeps on moving down below that level, we may expect the pair to reach support level 53.62.
The uptrend may be expected to continue from support 54.93 or in case the market rises above resistance level 56.07, which will be followed by reaching resistance level 56.65.
S&P500, Thursday forecast, October 24
An downtrend will start as soon, as the pair drops below support level 3002.5, which will be followed by moving down to support level 2996 and 2984.
An uptrend will start as soon, as the pair rises above resistance level 3010, which will be followed by moving up to resistance level 3014 and 3024.
EUR/USD, Friday forecast, October 25
The downtrend may be expected to continue, while pair is trading below resistance level 1.1107, which will be followed by reaching support level 1.1072 and 1.1029.
An uptrend will start as soon, as the pair rises above resistance level 1.1107, which will be followed by moving up to resistance level 1.1150 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1200.
GOLD, Friday forecast, October 25
An downtrend will start as soon, as the pair drops below support level 1503.9, which will be followed by moving down to support level 1496.
The uptrend may be expected to continue in case the market rises above resistance level 1505.5, which will be followed by reaching resistance level 1516.
WTI Crude oil, Friday forecast, October 25
The downtrend may be expected to continue, while pair is trading below resistance level 56.65, which will be followed by reaching support level 55.41 and after 54.93.
The uptrend may be expected to continue in case the market rises above resistance level 56.65, which will be followed by reaching resistance level 57.50.
S&P500, Friday forecast, October 25
The downtrend may be expected to continue, while pair is trading below resistance level 3011 – 3015, which will be followed by reaching support level 2998 – 2996 and if it keeps on moving down below that level, we may expect the pair to reach support level 2984.
An uptrend will start as soon, as the pair rises above resistance level 3015, which will be followed by moving up to resistance level 3024.
EUR/USD, Monday forecast, October 28
The uptrend may be expected to continue, while pair is trading above support level 1.1072, which will be followed by reaching resistance level 1.1108 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1150.
An downtrend will start as soon, as the pair drops below support level 1.1072, which will be followed by moving down to support level 1.1029.
GOLD, Monday forecast, October 28
The uptrend may be expected to continue, while pair is trading above support level 1505.4, which will be followed by reaching resistance level 1513.
An downtrend will start as soon, as the pair drops below support level 1505.4, which will be followed by moving down to support level 1496.
WTI Crude oil, Monday forecast, October 28
The downtrend may be expected to continue, while pair is trading below resistance level 56.66, which will be followed by reaching support level 55.41.
An uptrend will start as soon, as the pair rises above resistance level 56.66, which will be followed by moving up to resistance level 58.12.
S&P500, Monday forecast, October 28
The downtrend may be expected to continue, while pair is trading below resistance level 3029.5, which will be followed by reaching support level 3015.2.
An uptrend will start as soon, as the pair rises above resistance level 3029.5, which will be followed by moving up to resistance level 3051.
EUR/USD, Tuesday forecast, October 29
Today market do not have any important news, so will be sideways in range and only tomorrow on Wednesday will have trend impulse after strong US news such as: “ADP” and “Fed % rates”.
The uptrend may be expected to continue, while pair is trading above support level 1.1108, which will be followed by reaching resistance level 1.1072 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1029.
An downtrend will start as soon, as the pair drops below support level 1.1108, which will be followed by moving down to support level 1.1150 – 1.1170.
GOLD, Tuesday forecast, October 29
Today market do not have any important news, so will be sideways in range and only tomorrow on Wednesday will have trend impulse after strong US news such as: “ADP” and “Fed % rates”.
Forecast:
The downtrend may be expected to continue, while pair is trading below resistance level 1493.8, which will be followed by reaching support level 1488 – 1483.
An uptrend will start as soon, as the pair rises above resistance level 1493.8, which will be followed by moving up to resistance level 1500.6.
WTI Crude oil, Tuesday forecast, October 29
Oil market oversupplied with this year inventories and rebounded down from very strong resistance 56.55, that create potential for further downtrend.
Forecast and technical analysis:
The downtrend may be expected to continue in case the market drops below support level 55.41, which will be followed by reaching support level 54.77.
An uptrend will start as soon, as the pair rises above resistance level 55.60, which will be followed by moving up to resistance level 56.24.
S&P500, Tuesday forecast, October 29
Index market have strong uptrend potential as corporate earnings beat expectations and will continue uptrend while trading above historical high level.
Forecast and technical analysis:
The uptrend may be expected to continue, while pair is trading above support level 3024, which will be followed by reaching resistance level 3042 and 3051.
An strong downtrend is not expecting today.
EUR/USD, Thursday forecast, October 31
The uptrend may be expected to continue in case the market rises above resistance level 1.1170, which will be followed by reaching resistance level 1.1200.
An downtrend will start as soon, as the pair drops below support level 1.1150, which will be followed by moving down to support level 1.1108.
GOLD, Thursday forecast, October 31
The uptrend may be expected to continue, while pair is trading above support level 1494.7, which will be followed by reaching resistance level 1500 and 1405.4.
An downtrend will start as soon, as the pair drops below support level 1494.7, which will be followed by moving down to support level 1487.
WTI Crude oil, Thursday forecast, October 31
An uptrend will start as soon, as the pair rises above resistance level 55.25, which will be followed by moving up to resistance level 55.91 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 56.55.
An downtrend will start as soon, as the pair drops below support level 54.42, which will be followed by moving down to support level 53.62.
S&P500, Thursday forecast, October 31
The uptrend may be expected to continue, while pair is trading above support level 3042.75, which will be followed by reaching resistance level 3055 and 3061.
An downtrend will start as soon, as the pair drops below support level 3042.75, which will be followed by moving down to support level 3029 – 3024.
EUR/USD, Monday forecast, November 4Today before “ECB President Lagarde Speaks” market do not have any important news, so probably will be trading in sideways range, but then Lagarde can create strong trend impulse.
Forecast and technical analysis
The uptrend may be expected to continue, while pair is trading above support level 1.1150, which will be followed by reaching resistance level 1.1200.
An downtrend will start as soon, as the pair drops below support level 1.1150, which will be followed by moving down to support level 1.1128 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.1072.
GOLD, Monday forecast, November 4
Most important news today for Gold is “ECB President Lagarde Speaks”, but before it we have strong chance that market will be trading sideways without any trend impulse.
Forecast and technical analysis
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1517.8, which will be followed by reaching support level 1503 and if it keeps on moving down below that level, we may expect the pair to reach support level 1494 – 1488.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1517.8, which will be followed by moving up to resistance level 1524.8.
WTI Crude oil, Monday forecast, November 4
Today oil can have additional trend impulse from news “ECB President Lagarde Speaks”, before that will be trading technically.
Forecast and technical analysis
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 57.00, which will be followed by reaching support level 55.82 and if it keeps on moving down below that level, we may expect the pair to reach support level 54.77.
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 57.00, which will be followed by reaching resistance level 58.15.
S&P500, Monday forecast, November 4
Market will be waiting for today’s news “ECB President Lagarde Speaks” as this will be new ECB Chairman and her first words will be very important for all markets and world economy. But before this news market will continue to be trading technically.
Forecast and technical analysis
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3071.75, which will be followed by reaching resistance level 3091.00.
Downtrend
An downtrend will start as soon, as the pair drops below support level 3071.75, which will be followed by moving down to support level 3055.
EUR/USD, Wednesday forecast, November 6Today no any important news for market, so trading going to be technical.
Forecast and technical analysis
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1072, which will be followed by reaching resistance level 1.1128.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1063, which will be followed by moving down to support level 1.1029.
GOLD, Wednesday forecast, November 6
Today no any strong news, so market going to be trading technically.
Forecast and technical analysis
Uptrend
An downtrend will start as soon, as the pair drops below support level 1488, which will be followed by moving down to support level 1503.
Downtrend
The downtrend may be expected to continue in case the market drops below support level 1480, which will be followed by reaching support level 1472.
WTI Crude oil, Wednesday forecast, November 6
Oil market inventories oversupplied, that create pressure for downtrend. Yesterday we had API news and they were +4.2 million barrels. Today we have inventories news and if they will be over 0 or above it, this will increase downtrend potential.
Forecast and technical analysis
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 57.43, which will be followed by reaching support level 56.29 and if it keeps on moving down below that level, we may expect the pair to reach support level 54.77.
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 57.43, which will be followed by reaching resistance level 58.15, 59.25.
S&P500, Wednesday forecast, November 6
Today no any strong news, so equity market going to be trading technically.
Forecast and technical analysis
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 3077.75, which will be followed by reaching support level 3067.5 and 3055.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 3077.75, which will be followed by moving up to resistance level 3085.75 and 3091.
EUR/USD, Monday forecast, November 18
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1072, which will be followed by reaching support level 1.1056 and 1.1043.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1072, which will be followed by moving up to resistance level 1.1092.
GOLD, Monday forecast, November 18
Downtrend
Market is trading in downtrend with target to key support level 1457.
Uptrend
An downtrend will start from key support level 1457, which will be followed by moving up to resistance level 1462 and 1469.
WTI Crude oil, Monday forecast, November 18
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 57.45, which will be followed by reaching resistance level 59.25.
Downtrend
An downtrend will start as soon, as the pair drops below support level 57.45, which will be followed by moving down to support level 56.55.
S&P500, Monday forecast, November 18
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3119.5, which will be followed by reaching resistance level 3138.
Downtrend
An downtrend will start as soon, as the pair drops below support level 3119.5, which will be followed by moving down to support level 3111.5.
EUR/USD, Tuesday forecast, November 19
Today no any important news for market, so trading going to be technical.
Forecast and technical analysis
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1062, which will be followed by reaching resistance level 1.1089 and 1.1128.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1053, which will be followed by moving down to support level 1.1029 – 1.1017.
GOLD, Tuesday forecast, November 19
Today no any strong news and market going to be trading technically.
Forecast and technical analysis
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 1475.3, which will be followed by reaching resistance level 1487.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1469, which will be followed by moving down to support level 1458.
WTI Crude oil, Tuesday forecast, November 19
Forecast and technical analysis
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 56.55 – 56.35, which will be followed by reaching resistance level 58.
Downtrend
An downtrend will start as soon, as the pair drops below support level 56.35, which will be followed by moving down to support level 55.76.
S&P500, Tuesday forecast, November 19
Today no any strong news, so equity market going to be trading technically.
Forecast and technical analysis
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3123.5, which will be followed by reaching resistance level 3138.00
Downtrend
An downtrend will start as soon, as the pair drops below support level 3115.75, which will be followed by moving down to support level 3110 and 3102.
EUR/USD, Monday forecast, November 25
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1031, which will be followed by reaching support level 1.0987.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1031, which will be followed by moving up to resistance level 1.1051 and 1.1072.
GOLD, Monday forecast, November 25
Sideways trend
The pair is trading along an sideways trend between support 1455 and resistance 1462.20.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1462.23, which will be followed by moving up to resistance level 1468.5.
WTI Crude oil, Monday forecast, November 25
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 58.17, which will be followed by reaching support level 57.50 and if it keeps on moving down below that level, we may expect the pair to reach support level 56.60.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 58.17, which will be followed by moving up to resistance level 58.74.
S&P500, Monday forecast, November 25
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3114.5, which will be followed by reaching resistance level 3132.5.
Downtrend
An downtrend will start as soon, as the pair drops below support level 3114.5, which will be followed by moving down to support level 3097.25.
EUR/USD, Monday forecast, December 9
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1078 – 1.1097, which will be followed by reaching support level 1.1017.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1010, which will be followed by moving up to resistance level 1.1170.
GOLD, Monday forecast, December 9
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1462, which will be followed by moving up to resistance level 1468.
Downtrend[
An downtrend will start as soon, as the pair drops below support level 1458, which will be followed by moving down to support level 1454 and 1450.
WTI Crude oil, Monday forecast, December 9
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 58.33, which will be followed by reaching resistance level 60.20.
Downtrend
An downtrend will start as soon, as the pair drops below support level 57.90, which will be followed by moving down to support level 56.78.
S&P500, Monday forecast, December 9
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3139.5, which will be followed by reaching resistance level 3155/58 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 3190.
Downtrend
An downtrend will start from resistance 3155/58 or as soon, as the pair drops below support level 3139.5, which will be followed by moving down to support level 3121.5.
