EUR/USD, forecast on Thursday, 04/10/14

Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support level 1.3790 - 1.3770, which will be followed by reaching resistance level 1.3875 and 1.3910.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3770, which will be followed by moving down to support level 1.3700. 

eur usd forecast, analysis, prediction, euro dollar, today, daily
Previous forecast:


Weekly Forecast, 07 March - 11 April

Main scenario:
The pair is trading along an downtrend.
An uptrend will start from support level 1.3675, which will be followed by moving up to resistance level 1.3790 and then to 1.3910/50.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3675, which will be followed by moving down to support level 1.3480.

eur usd analysis, forecast and prediction, euro dollar, weekly
Previous forecast:

 

Monthly forecast, April - May

Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1.3675, which will be followed by moving up to resistance level 1.3790 and then to 1.3950, and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.4150.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3675, which will be followed by moving down to support level 1.3480 and then to 1.3355.

eur usd analysis, forecast and prediction, euro dollar, monthly
Previous forecast:

 

Long-term Forecast and Analysis, Outlook. January - June

Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1.3920, which will be followed by reaching resistance level 1.4140 and then to 1.4400.

Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1.3585, which will be followed by moving down to support level 1.3200 and then to 1.2800.

eur usd analysis, forecast and prediction, euro dollar, outlook