EUR/USD: Overview For Today
Forex Million | Nov 25, 2014 02:31AM ET
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.2450, which will be followed by reaching support level 1.2280.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2450, which will be followed by moving up to resistance level 1.2515 and then to 1.2650.
Previous forecast:
Weekly Forecast, 24 - 28 November
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.2450, which will be followed by reaching support level 1.2280 - 1.2100.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2515, which will be followed by moving up to resistance level 1.2760.
Previous forecast:
Monthly forecast, November - December
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.2515, which will be followed by reaching support level 1.2350 - 1.2250.
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Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2515, which will be followed by moving up to resistance level 1.2670 and then to 1.3220.
Previous forecast:
Long-term forecast, May - August (December)
Main scenario:
The pair is trading along an sideways trend.
An downtrend is already started from resistance level 1.4000, which will be followed by moving down to support level 1.3480 and then to 1.2800 - 1.2300.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.4000, which will be followed by moving up to resistance level 1.4850.
Previous forecast:
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