Thursday Forecast

Uptrend scenario

An uptrend will start as soon, as the market rises above resistance level 1.1740, which will be followed by moving up to resistance level 1.1830.

Downtrend scenario

The downtrend may be expected to continue, while market is trading below resistance level 1.1740, which will be followed by reaching support level 1.1695.

EURUSD

Previous day forecast

EURUSD

This/Next Week Forecast (October 12 - 16, 2020)

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 1.1735, which will be followed by reaching resistance level 1.1930.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 1.1735, which will be followed by moving down to support level 1.1610 - 1.1570.

EURUSD

Previous week eur usd forecast

EURUSD

Fundamental analysis

Difference between US - EU manufacturing and interest rates showing fair price on the level 1.1450 - 1.12.

EURUSD

Long-Term Forecast (Quarter III: July - September, 2020)

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 1.1740, which will be followed by reaching resistance level 1.1930 and 1.2310.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 1.1740, which will be followed by moving down to support level 1.1450 and 1.1170.

EURUSD

All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.

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