EUR/USD, weekly forecast, July 15 – 19
The pair is trading along an uptrend with target on 1,1370 and may be expected to continue, while pair is trading above support level 1,1210.
A downtrend will start soon, as the pair drops below support level 1,1210, which will be followed by moving down to support level 1,1107
GOLD weekly forecast, July 15 – 19
The XAU/USD pair is trading along an uptrend with target on 1433 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1470.
The downtrend can start from resistance level 1433, which will be followed by moving down to support level 1397 – 1382.
Crude oil weekly forecast, July 15 – 19
The pair is trading along an uptrend with target on 61,45, 63,10 and may be expected to continue, while the pair is trading above support level 59,25.
A downtrend will start soon, as the pair drops below support level 59,25, which will be followed by moving down to support level 57,50.
S&P 500 weekly forecast, July 15 – 19
The pair is trading along an uptrend with target on 3050 and may be expected to continue, while the pair is trading above support level 3002,45.
A downtrend will start soon, as the pair drops below support level 3002,45, which will be followed by moving down to support level 2958.
Natural Gas weekly forecast, July 15 – 19
The pair is trading along an sideways trend between support 2,365 and resistance 2,490. An uptrend will start as soon as the pair rises above resistance level 2,490, which will be followed by moving up to resistance level 2,630. A downtrend will start as soon, as the pair drops below support level 2,365, which will be followed by moving down to support level 2,175.
Soybean weekly forecast, July 15 – 19
The pair is trading along an uptrend with target on 943 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 985.
A downtrend can start from resistance 943, which will be followed by moving down to support level 894.
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