EUR/USD, Monday forecast, January 27

EUR/USD, 6E futures market
Monday forecast, January 27
Downtrend
The downtrend may be expected to continue in case the market drops below support level 1.1050, which will be followed by reaching support level 1.1015.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1070, which will be followed by moving up to resistance level 1.1100.

EUR/USD spot market
Monday forecast, January 27
Downtrend
The downtrend may be expected to continue in case the market drops below support level 1.1017, which will be followed by reaching support level 1.1098.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1036, which will be followed by moving up to resistance level 1.1061 – 1.1080.

Weekly forecast, January 27 – 31
Most important news of this week
Monday: EU German Ifo Business Climate Index (Jan), US New Home Sales (Dec)
Tuesday: US Core Durable Goods Orders (MoM) (Dec)
Wednesday: US Pending Home Sales (MoM) (Dec), Crude Oil Inventories, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference
Thursday: EU Unemployment Rate (Dec), US GDP (QoQ) (Q4)
Friday: EU CPI (YoY) (Jan), GDP (YoY), US Michigan Consumer

Forecast and technical analysis
Downtrend

The downtrend may be expected to continue in case the market drops below support level 1.1017, which will be followed by reaching support level 1.0940.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1036, which will be followed by moving up to resistance level 1.1105.

Monthly forecast, January – February
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1200, which will be followed by reaching support level 1.1075 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1270 and 1.1370.

EUR/USD, Friday forecast, January 24

EUR/USD, 6E futures market, Friday forecast, January 24
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1106, which will be followed by reaching support level 1.1070 and 1.1050.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1106, which will be followed by moving up to resistance level 1.1135 – 1.1146.

EUR/USD spot market, Friday forecast, January 24
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1070, which will be followed by reaching support level 1.1017.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1070, which will be followed by moving up to resistance level 1.1095 – 1.1105.

Weekly forecast, January 20 – 24
Most important news of this week
Monday: United States – Martin Luther King, Jr.
Tuesday: EU ZEW Economic Sentiment (Jan)
Wednesday: US Existing Home Sales (Dec)
Thusrday: EU Deposit Facility Rate (Jan), EU ECB Monetary Policy Statement, EU ECB Press Conference, Crude Oil Inventories
Friday: EU German Manufacturing PMI (Jan), EU Manufacturing PMI (Jan), US Manufacturing PMI (Jan)

Forecast and technical analysis
Downtrend

The downtrend may be expected to continue in case the market drops below support level 1.1080, which will be followed by reaching support level 1.1017.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1105, which will be followed by moving up to resistance level 1.1150 and 1.1170.

Monthly forecast, January – February
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1200, which will be followed by reaching support level 1.1075 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1270 and 1.1370.

EUR/USD, Tuesday forecast, January 21

EUR/USD, 6E futures market, Tuesday forecast, January 21
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1121 – 1.1115, which will be followed by reaching resistance level 1.1145.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1115, which will be followed by moving down to support level 1.1080.

EUR/USD spot market, Tuesday forecast, January 21
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1076, which will be followed by reaching resistance level 1.1105.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1076, which will be followed by moving down to support level 1.1040.

Weekly forecast, January 20 – 24
Most important news of this week
Monday: United States – Martin Luther King, Jr.
Tuesday: EU ZEW Economic Sentiment (Jan)
Wednesday: US Existing Home Sales (Dec)
Thusrday: EU Deposit Facility Rate (Jan), EU ECB Monetary Policy Statement, EU ECB Press Conference, Crude Oil Inventories
Friday: EU German Manufacturing PMI (Jan), EU Manufacturing PMI (Jan), US Manufacturing PMI (Jan)

Forecast and technical analysis
Downtrend

The downtrend may be expected to continue in case the market drops below support level 1.1080, which will be followed by reaching support level 1.1017.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1105, which will be followed by moving up to resistance level 1.1150 and 1.1170.

Monthly forecast, January – February
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1200, which will be followed by reaching support level 1.1075 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1270 and 1.1370.

EUR/USD, Friday forecast, January 17

EUR/USD, 6E futures market, Friday forecast, January 17
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1190, which will be followed by reaching support level 1.1146.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1190, which will be followed by moving up to resistance level 1.1212.

EUR/USD spot market, Friday forecast, January 17
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1150, which will be followed by reaching support level 1.1105.
Uptrend
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 1.1170.

Weekly forecast, January 13 – 17
Most important news of this week
Monday: –
Tuesday: US Core CPI (YoY) (Dec)
Wednesday: US-China trade war phase 1 deal, Crude Oil Inventories
Thursday: EU ECB Publishes Account of Monetary Policy Meeting, US Core Retail Sales (MoM) (Dec)
Friday: EU Core CPI (YoY) (Dec)

Forecast and technical analysis
Uptrend

The uptrend may be expected to continue, while pair is trading above support level 1.1080, which will be followed by reaching resistance level 1.1170.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1080, which will be followed by moving down to support level 1.1017 – 1.0988.

Monthly forecast, January – February
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1200, which will be followed by reaching support level 1.1075 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1270 and 1.1370.

EUR/USD, Tuesday forecast, January 14

EUR/USD, Tuesday forecast, January 14
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1131, which will be followed by reaching resistance level 1.1170.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1131, which will be followed by moving down to support level 1.1105.

Weekly forecast, January 13 – 17
Most important news of this week
Monday: –
Tuesday: US Core CPI (YoY) (Dec)
Wednesday: US-China trade war phase 1 deal, Crude Oil Inventories
Thursday: EU ECB Publishes Account of Monetary Policy Meeting, US Core Retail Sales (MoM) (Dec)
Friday: EU Core CPI (YoY) (Dec)

Forecast and technical analysis
Uptrend

The uptrend may be expected to continue, while pair is trading above support level 1.1080, which will be followed by reaching resistance level 1.1170.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1080, which will be followed by moving down to support level 1.1017 – 1.0988.

Monthly forecast, January – February
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1200, which will be followed by reaching support level 1.1075 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1200, which will be followed by moving up to resistance level 1.1270 and 1.1370.