Daily forecast from February 14: EURUSD, GOLD, OIL, GAS

Anton Kolhanov Anton Kolhanov

EURUSD

The market is rebounded from main resistance level 1.2400 and now trading along a downtrend with target on 1.2220 - 1.2180, that may be expected to continue, while market is trading below resistance level 1.2400.
An uptrend will start as soon as the market rises above resistance level 1.2400, which will be followed by a move up to resistance level 1.2450 and then 1.2535.

GOLD

The market is rebounded from main resistance level 1339 and now trading along a downtrend with target on 1321 and 1314, that may be expected to continue, while market is trading below resistance level 1339.
An uptrend will start as soon as the market rises above resistance level 1339, which will be followed by a move up to resistance level 1350.

US CRUDE OIL

The market is trading along a downtrend with target on 57.30, then 56.00 and main support 54.50, that may be expected to continue, while market is trading below resistance level 60.00.
An uptrend will start as soon as the market rises above resistance level 60.00, which will be followed by a move up to resistance level and 63.40.

NATURAL GAS

The market is trading along a downtrend with target on 2.555 and possible 2.500, that may be expected to continue, while market is trading below resistance level 2.640.
An uptrend will start as soon as the market rises above resistance level 2.640, which will be followed by a move up to resistance level 2.690, 2.750 and 2.820.

Author

Anton Kolhanov

Anton Kolhanov is a trader and an analyst. He started to study the Forex market in 2003.

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