EUR/USD, Monday forecast, January 13

EUR/USD, Monday forecast, January 13
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1124, which will be followed by moving up to resistance level 1.1172.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1105, which will be followed by moving down to support level 1.1080.

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 7

EUR/USD, Tuesday forecast, January 7
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1179, which will be followed by reaching resistance level 1.1205 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1238.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1179, which will be followed by moving down to support level 1.1153.

Weekly forecast, January 6 – 10
Most important news of this week
Monday: EUR Markit Composite PMI (Dec), USD Markit Composite PMI (Dec)
Tuesday: EUR Core CPI (YoY) (Dec), USD ISM Non-Manufacturing PMI (Dec)
Wednesday: USD ADP Nonfarm Employment Change (Dec), Crude Oil Inventories
Thursday: EUR ECB Publishes Account of Monetary Policy Meeting
Friday: USD Average Hourly Earnings (YoY) (Dec), USD Nonfarm Payrolls (Dec), USD Unemployment Rate (Dec)

Forecast and technical analysis
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 1.1124 and 1.1075.
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.

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, Monday forecast, January 6

EUR/USD, Monday forecast, January 6
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1165, which will be followed by reaching resistance level 1.1200 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1238.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1165, which will be followed by moving down to support level 1.1124.

Weekly forecast, January 6 – 10
Most important news of this week
Monday: EUR Markit Composite PMI (Dec), USD Markit Composite PMI (Dec)
Tuesday: EUR Core CPI (YoY) (Dec), USD ISM Non-Manufacturing PMI (Dec)
Wednesday: USD ADP Nonfarm Employment Change (Dec), Crude Oil Inventories
Thursday: EUR ECB Publishes Account of Monetary Policy Meeting
Friday: USD Average Hourly Earnings (YoY) (Dec), USD Nonfarm Payrolls (Dec), USD Unemployment Rate (Dec)

Forecast and technical analysis
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 1.1124 and 1.1075.
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.

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, Wednesday forecast, December 18

EUR/USD, Wednesday forecast, December 18
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1130, which will be followed by moving down to support level 1.1104.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1144, which will be followed by moving up to resistance level 1.1165.

Weekly forecast, December 16 – 20
Most important news of this week
Monday: EU Manufacturing PMI (Dec), USA Manufacturing PMI (Dec), US Markit Composite PMI (Dec);
Tuesday: –
Wednesday: German Ifo Business Climate Index (Dec), EU Core CPI (YoY)(Nov), Crude Oil Inventories;
Thursday: US Existing Home Sales (Nov)
Friday: US GDP (QoQ)(Q3), US Core PCE Price Index (YoY)(Nov), US Michigan indexes.

Forecast and technical analysis
Sideways
The pair is trading along an sideways trend between support 1.1105 and resistance 1.1198.
Downtrend

An downtrend will start as soon, as the pair drops below support level 1.1005, which will be followed by moving down to support level 1.1050 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1198, which will be followed by moving up to resistance level 1.1270.

Monthly forecast, December 2019 – January 2020
Sideways
The pair is trading along an sideways trend between resistance 1.1115 and support 1.0988, where now we can expecting downtrend wave (correction) to support level 1.0988.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1115, which will be followed by moving up to resistance level 1.1170.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.0988, which will be followed by moving down to support level 1.0940 and 1.0880.

EUR/USD, Monday forecast, December 9

EUR/USD, Monday forecast, December 16
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1105, which will be followed by reaching resistance level 1.1180.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1105, which will be followed by moving down to support level 1.1057.

Weekly forecast, December 16 – 20
Most important news of this week
Monday: EU Manufacturing PMI (Dec), USA Manufacturing PMI (Dec), US Markit Composite PMI (Dec);
Tuesday: –
Wednesday: German Ifo Business Climate Index (Dec), EU Core CPI (YoY)(Nov), Crude Oil Inventories;
Thursday: US Existing Home Sales (Nov)
Friday: US GDP (QoQ)(Q3), US Core PCE Price Index (YoY)(Nov), US Michigan indexes.

Forecast and technical analysis
Sideways
The pair is trading along an sideways trend between support 1.1105 and resistance 1.1198.
Downtrend

An downtrend will start as soon, as the pair drops below support level 1.1005, which will be followed by moving down to support level 1.1050 and 1.1020.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1198, which will be followed by moving up to resistance level 1.1270.

Monthly forecast, December 2019 – January 2020
Sideways
The pair is trading along an sideways trend between resistance 1.1115 and support 1.0988, where now we can expecting downtrend wave (correction) to support level 1.0988.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1115, which will be followed by moving up to resistance level 1.1170.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.0988, which will be followed by moving down to support level 1.0940 and 1.0880.