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Forecast EUR/USD for Friday 15 April 2015


Support 1: 1.0555

Support 2: 1.0456


Resistance 1: 1.0731

Resistance 2: 1.0807



Currently uptrend should end around 1.0681 - 1.0731 area. A correction down to 1.0593 - 1.0555 is expected. A rise above 1.0807 will abort the expected correction.




Forecast USD/JPY for Friday 15 April 2015


Support 1: 118.92

Support 2: 118.44


Resistance 1: 120.03

Resistance 2: 120.65


Current fall is near an end of wave around 118.92 zone, a rally should then procede to above 120.03. Fall below 118.44 would cancel this scenario.




Forecast for GBP/USD Friday 15 April 2015


Support 1: 1.4656

Support 2: 1.4531


Resistance 1: 1.4854

Resistance 2: 1.4927



Currently uptrend should end around 1.4792 - 1.4854 area. A correction down to 1.4693 - 1.4656 is expected. A rise above 1.4927 will abort the expected correction.




Forecast USD/CHF for Friday 15 April 2015


Support 1: 0.9667

Support 2: 0.9609


Resistance 1: 0.9789

Resistance 2: 0.9853




One more dip to 0.9699 - 0.9667 is likely followed by a grind higher to 0.9760 - 0.9789. After which it can resume his downtrend.





Forecast EUR/GBP for Friday 15 April 2015


Support 1: 0.7182

Support 2: 0.7155


Resistance 1: 0.7235

Resistance 2: 0.7262



Market should not go lower than 0.7195 - 0.7182. After this move down it should go up to 0.7235 - 0.7262 area.






Forecast EUR/JPY for Friday 15 April 2015


Support 1: 126.33

Support 2: 125.45


Resistance 1: 127.87

Resistance 2: 128.52



It may attempt a test higher to 127.42 - 127.87 after which weakness may set it to a drift down to below 126.33 limit.






Forecast EUR/CHF for Friday 15 April 2015


Support 1: 1.0311

Support 2: 1.0261


Resistance 1: 1.0397

Resistance 2: 1.0432



It may attempt a test higher to 1.0372 - 1.0397 after which weakness may set it to a drift down to 1.0311 limit.





Forecast XAU/USD for Friday 15 April 2015


Support 1: 1184.06

Support 2: 1175.39


Resistance 1: 1201.49

Resistance 2: 1210.25


Current fall is near an end of wave around 1184.06 zone, a rally should then procede to above 1201.49. Fall below 1175.39 would cancel this scenario.




Forecast AUD/USD for Friday 15 April 2015


Support 1: 0.7572

Support 2: 0.7517


Resistance 1: 0.7665

Resistance 2: 0.7703


It should test 0.7675 area after which a sell off down to 0.7572 or extended to 0.7517 area is expected.





Forecast USD/CAD for Friday 15 April 2015


Support 1: 1.2419

Support 2: 1.2353


Resistance 1: 1.2578

Resistance 2: 1.2670


It looks set to visit further lower territory down to around 1.2465 - 1.2419. Its corrective attempts should fail ahead of 1.2545 - 1.2578. Stop loss above 1.2670 zone.


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Forecast EUR/USD for Friday 16 April 2015


Support 1: 1.0603

Support 2: 1.0522


Resistance 1: 1.0734

Resistance 2: 1.0783



Currently uptrend should end around 1.0693 - 1.0734 area. A correction down to below 1.0603 is expected. A rise above 1.0783 will abort the expected correction.





Forecast USD/JPY for Friday 16 April 2015


Support 1: 118.70

Support 2: 118.27


Resistance 1: 119.66

Resistance 2: 120.18


Current fall is near an end of wave around 118.70 zone, a rally should then procede to above 119.66. Fall below 118.27 would cancel this scenario.





Forecast for GBP/USD Friday 16 April 2015


Support 1: 1.4744

Support 2: 1.4646


Resistance 1: 1.4896

Resistance 2: 1.4951



Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4864 or 1.4896 if support around 1.4799 hold. After which a pullback to 1.4799 - 1.4771 zone is possible.





Forecast USD/CHF for Friday 16 April 2015


Support 1: 0.9598

Support 2: 0.9549


Resistance 1: 0.9733

Resistance 2: 0.9820




Market should not go lower than 0.9641 - 0.9598. After this move down it should go up to 0.9709 - 0.9733 area.





Forecast EUR/GBP for Friday 16 April 2015


Support 1: 0.7171

Support 2: 0.7143


Resistance 1: 0.7222

Resistance 2: 0.7245



It should trade higher to above 0.7222 while 0.7183 - 0.7171 offer support. Stop Loss below 0.7143 zone.




Forecast EUR/JPY for Friday 16 April 2015


Support 1: 126.56

Support 2: 125.82


Resistance 1: 127.75

Resistance 2: 128.21



It should trade higher to 127.75 or above 128.21 in extention. Supports at 126.79 and 126.56. Stop loss below 125.82 zone.





Forecast EUR/CHF for Friday 16 April 2015


Support 1: 1.0278

Support 2: 1.0250


Resistance 1: 1.0350

Resistance 2: 1.0395



No comments available





Forecast XAU/USD for Friday 16 April 2015


Support 1: 1192.74

Support 2: 1183.06


Resistance 1: 1208.38

Resistance 2: 1214.34


It should trade higher to 1208.38 while 1198.70 or 1195.72 offers support. Stop loss below 1192.74 zone.





Forecast AUD/USD for Friday 16 April 2015


Support 1: 0.7601

Support 2: 0.7522


Resistance 1: 0.7730

Resistance 2: 0.7780


Currently uptrend should end around 0.7691 - 0.7730 area. A correction down to 0.7626 - 0.7601 is expected. A rise above 0.7780 will abort the expected correction.





Forecast USD/CAD for Friday 16 April 2015


Support 1: 1.2191

Support 2: 1.2091


Resistance 1: 1.2480

Resistance 2: 1.2670


Market should not go lower than 1.2285 - 1.2191. After this move down it should go up to 1.2430 - 1.2480 area.


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Forecast EUR/USD for Friday 17 April 2015


Support 1: 1.0652

Support 2: 1.0542


Resistance 1: 1.0845

Resistance 2: 1.0928



Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0804 or 1.0845 if support around 1.0735 hold. After which a pullback to 1.0735 - 1.0693 zone is possible.




Forecast USD/JPY for Friday 17 April 2015


Support 1: 118.72

Support 2: 118.42


Resistance 1: 119.39

Resistance 2: 119.77


It looks set to visit further lower territory down to around 118.91 - 118.72. Its corrective attempts should fail ahead of 119.24 - 119.39. Stop loss above 119.77 zone.





Forecast for GBP/USD Friday 17 April 2015


Support 1: 1.4840

Support 2: 1.4748


Resistance 1: 1.4998

Resistance 2: 1.5063



Currently uptrend should end around 1.5011 - 1.4998 area. A correction down to below 1.4840 is expected. A rise above 1.5063 will abort the expected correction.





Forecast USD/CHF for Friday 17 April 2015


Support 1: 0.9498

Support 2: 0.9433


Resistance 1: 0.9669

Resistance 2: 0.9776




Market should not go lower than 0.9551 - 0.9498. After this move down it should go up to 0.9637 - 0.9669 area.






Forecast EUR/GBP for Friday 17 April 2015


Support 1: 0.7170

Support 2: 0.7133


Resistance 1: 0.7237

Resistance 2: 0.7268



It looks set for gains to 0.7237. Supports at 0.7185 and 0.7170. A break of 0.7133 will damage this bullish structure.




Forecast EUR/JPY for Friday 17 April 2015


Support 1: 127.03

Support 2: 125.98


Resistance 1: 128.86

Resistance 2: 129.63



Current rise seems to be over near 128.33 or 128.86 for a retracement towards 127.80 - 127.42 area.





Forecast EUR/CHF for Friday 17 April 2015


Support 1: 1.0262

Support 2: 1.0234


Resistance 1: 1.0332

Resistance 2: 1.0375



Market should not go lower than 1.0283 - 1.0262. After this move down it should go up to 1.0318 - 1.0332 area.





Forecast XAU/USD for Friday 17 April 2015


Support 1: 1192.49

Support 2: 1186.51


Resistance 1: 1206.84

Resistance 2: 1215.21


It looks more likely that it would rise to 1206.84 - 1215.21 from 1196.68 or 1192.49. After which a downside move is expected.





Forecast AUD/USD for Friday 17 April 2015


Support 1: 0.7710

Support 2: 0.7617


Resistance 1: 0.7859

Resistance 2: 0.7915


Currently uptrend should end around 0.7892 - 0.7859 area. A correction down to below 0.7710 is expected. A rise above 0.7915 will abort the expected correction.




Forecast USD/CAD for Friday 17 April 2015


Support 1: 1.2112

Support 2: 1.2035


Resistance 1: 1.2297

Resistance 2: 1.2405


It may meet resistance in 1.2189 - 1.2220 zone for a drift down to 1.2112 zone, after which bounce to 1.2297 is anticipated.


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Forecast EUR/USD for Friday 20 April 2015


Support 1: 1.0753

Support 2: 1.0687


Resistance 1: 1.0866

Resistance 2: 1.0914



While below 1.0833 - 1.0866 it is more likely to fall further towards 1.0777 or 1.0753. Premature rise above 1.0866 could see it rising above 1.0914 zone.






Forecast USD/JPY for Friday 20 April 2015


Support 1: 118.49

Support 2: 118.18


Resistance 1: 119.19

Resistance 2: 119.58


It looks set to visit further lower territory down to around 118.69 - 118.49. Its corrective attempts should fail ahead of 119.04 - 119.19. Stop loss above 119.58 zone.





Forecast for GBP/USD Friday 20 April 2015


Support 1: 1.4903

Support 2: 1.4841


Resistance 1: 1.5040

Resistance 2: 1.5115



Resistances lie around 1.5009 and 1.5040. It should test lower towards 1.4903 zone. A clear break of 1.4923 would be bearish.






Forecast USD/CHF for Friday 20 April 2015


Support 1: 0.9477

Support 2: 0.9440


Resistance 1: 0.9568

Resistance 2: 0.9622




Current fall is near an end of wave around 0.9477 zone, a rally should then procede to above 0.9568. Fall below 0.9440 would cancel this scenario.






Forecast EUR/GBP for Friday 20 April 2015


Support 1: 0.7189

Support 2: 0.7149


Resistance 1: 0.7249

Resistance 2: 0.7269



It looks set for gains to 0.7249. Supports at 0.7199 and 0.7189. A break of 0.7149 will damage this bullish structure.





Forecast EUR/JPY for Friday 20 April 2015


Support 1: 127.95

Support 2: 127.37


Resistance 1: 128.92

Resistance 2: 129.32



Current rise should end around 128.92. Objectives of this downmove are 127.95 or 127.37. A rise above 129.32 is again bullish.






Forecast EUR/CHF for Friday 20 April 2015


Support 1: 1.0260

Support 2: 1.0230


Resistance 1: 1.0325

Resistance 2: 1.0358



It looks set to visit further lower territory down to around 1.0277 - 1.0260. Its corrective attempts should fail ahead of 1.0309 - 1.0325. Stop loss above 1.0358 zone.





Forecast XAU/USD for Friday 20 April 2015


Support 1: 1198.88

Support 2: 1193.11


Resistance 1: 1209.11

Resistance 2: 1213.57


Uptrend is still intact in a triangle configuration. It should continue to rally to 1206.33 or 1209.11 if support around 1203.34 hold. After which a pullback to 1203.34 - 1201.11 zone is possible.





Forecast AUD/USD for Friday 20April 2015


Support 1: 0.7746

Support 2: 0.7711


Resistance 1: 0.7830

Resistance 2: 0.7878


There are initial signs of a good corrective recovery towards 0.7812 or even 0.7830. Supports at 0.7770 and 0.7746 zone.





Forecast USD/CAD for Friday 20 April 2015


Support 1: 1.2120

Support 2: 1.2013


Resistance 1: 1.2303

Resistance 2: 1.2379


It should test 1.2323 area after which a sell off down to 1.2120 or extended to 1.2013 area is expected.


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Forecast EUR/USD for Friday 21 April 2015


Support 1: 1.0694

Support 2: 1.0650


Resistance 1: 1.0801

Resistance 2: 1.0864



Market should not go lower than 1.0725 - 1.0694. After this move down it should go up to 1.0779 - 1.0801 area.


Forecast USD/JPY for Friday 21 April 2015


Support 1: 118.66

Support 2: 118.15


Resistance 1: 119.56

Resistance 2: 119.95


It should trade higher to 119.56 while 119.05 or 118.86 offers support. Stop loss below 118.66 zone.


Forecast for GBP/USD Friday 21 April 2015


Support 1: 1.4869

Support 2: 1.4831


Resistance 1: 1.4964

Resistance 2: 1.5022



Prefer a fall to below 1.4869. Then a correction to above 1.5022 is anticipated. A clear break of 1.4831 is again bearish.


Forecast USD/CHF for Friday 21 April 2015


Support 1: 0.9508

Support 2: 0.9455


Resistance 1: 0.9607

Resistance 2: 0.9653




Currently uptrend should end around 0.9581 - 0.9607 area. A correction down to 0.9531 - 0.9508 is expected. A rise above 0.9653 will abort the expected correction.



Forecast EUR/GBP for Friday 21 April 2015


Support 1: 0.7183

Support 2: 0.7163


Resistance 1: 0.7226

Resistance 2: 0.7249



One more dip to 0.7195 or 0.7183 is likely followed by a grind higher to above 0.7270.


Forecast EUR/JPY for Friday 21 April 2015


Support 1: 127.49

Support 2: 127.00


Resistance 1: 128.57

Resistance 2: 129.17



Market should pop up towards 128.33 or 128.57 this bullish scenario would be damaged if 127.79 - 127.49 zone is broken, a severe break down could then occur.



Forecast EUR/CHF for Friday 21 April 2015


Support 1: 1.0234

Support 2: 1.0201


Resistance 1: 1.0302

Resistance 2: 1.0336



It is likely to fall towards 1.0234 - 1.0201 unless a corrective rally breaks the 1.0285 resistance. Stop above 1.0302 zone.



Forecast XAU/USD for Friday 21 April 2015


Support 1: 1188.54

Support 2: 1181.26


Resistance 1: 1206.17

Resistance 2: 1216.51


There is bearish potential for a fall to 1188.54 while 1198.88 - 1202.52 resist. After this fall a recovery up to 1202.52 or 1206.17 is expected.


Forecast AUD/USD for Friday 21 April 2015


Support 1: 0.7679

Support 2: 0.7633


Resistance 1: 0.7799

Resistance 2: 0.7873


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Forecast USD/CAD for Friday 21 April 2015


Support 1: 1.2183

Support 2: 1.2142


Resistance 1: 1.2262

Resistance 2: 1.2301


Current upmove should continue up to 1.2262 or 1.2301. Any correction should find support in 1.2221 - 1.2202 zone. A break above 1.2236 could accelerate the move up.


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Forecast EUR/USD for Friday 22 April 2015


Support 1: 1.0670

Support 2: 1.0604


Resistance 1: 1.0791

Resistance 2: 1.0846



It should test 1.0765 area after which a sell off down to 1.0670 or extended to 1.0604 area is expected.



Forecast USD/JPY for Friday 22 April 2015


Support 1: 119.29

Support 2: 118.90


Resistance 1: 119.94

Resistance 2: 120.21


One move lower to 119.29 or 118.90 is anticipated while below 119.75 - 119.94 area. Stop loss above 120.21 zone.



Forecast for GBP/USD Friday 22 April 2015


Support 1: 1.4865

Support 2: 1.4802


Resistance 1: 1.4981

Resistance 2: 1.5035



It may attempt a test higher to 1.4950 - 1.4981 after which weakness may set it to a drift down to 1.4865 limit.



Forecast USD/CHF for Friday 22 April 2015


Support 1: 0.9496

Support 2: 0.9442


Resistance 1: 0.9614

Resistance 2: 0.9679




It looks more likely that it would rise to 0.9614 from 0.9528 or 0.9496. After which a downside move is expected.



Forecast EUR/GBP for Friday 22 April 2015


Support 1: 0.7170

Support 2: 0.7150


Resistance 1: 0.7211

Resistance 2: 0.7232



Market should hold major support at 0.7156 before rising towards 0.7211 or even 0.7232 limit.



Forecast EUR/JPY for Friday 22 April 2015


Support 1: 127.69

Support 2: 126.91


Resistance 1: 129.01

Resistance 2: 129.55



It looks set for gains to 129.01. Supports at 127.96 and 127.69. A break of 126.91 will damage this bullish structure.



Forecast EUR/CHF for Friday 22 April 2015


Support 1: 1.0233

Support 2: 1.0214


Resistance 1: 1.0273

Resistance 2: 1.0294



Current fall is near an end of wave around 1.0233 zone, a rally should then procede to above 1.0273. Fall below 1.0214 would cancel this scenario.



Forecast XAU/USD for Friday 22 April 2015


Support 1: 1195.71

Support 2: 1189.00


Resistance 1: 1206.72

Resistance 2: 1211.02


It should be subject to more sell off towards 1197.86 or 1195.71. Corrective upward swings should face resistance around 1209.67 area. A break of 1211.02 is bullish.



Forecast AUD/USD for Friday 22 April 2015


Support 1: 0.7678

Support 2: 0.7645


Resistance 1: 0.7749

Resistance 2: 0.7787


Current fall is near an end of wave around 0.7678 zone, a rally should then procede to above 0.7749. Fall below 0.7645 would cancel this scenario.



Forecast USD/CAD for Friday 21 April 2015


Support 1: 1.2228

Support 2: 1.2176


Resistance 1: 1.2319

Resistance 2: 1.2358


Currently uptrend should end around 1.2312 - 1.2319 area. A correction down to below 1.2228 is expected. A rise above 1.2358 will abort the expected correction.


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Forecast EUR/USD for Friday 23 April 2015


Support 1: 1.0689

Support 2: 1.0653


Resistance 1: 1.0781

Resistance 2: 1.0837



It looks more likely that it would rise to 1.0781 - 1.0837 from 1.0717 or 1.0689. After which a downside move is expected.



Forecast USD/JPY for Friday 23 April 2015


Support 1: 119.52

Support 2: 119.13


Resistance 1: 120.13

Resistance 2: 120.35


Uptrend is still intact in a triangle configuration. It should continue to rally to 120.05 or 120.13 if support around 119.74 hold. After which a pullback to 119.74 - 119.63 zone is possible.



Forecast for GBP/USD Friday 23 April 2015


Support 1: 1.4940

Support 2: 1.4843


Resistance 1: 1.5106

Resistance 2: 1.5176



Current upmove should be ended around 1.5058 - 1.5106. Any correction consolidation should find support in 1.4975 - 1.4940 zone.


Forecast USD/CHF for Friday 23 April 2015


Support 1: 0.9572

Support 2: 0.9430


Resistance 1: 0.9787

Resistance 2: 0.9859




Currently uptrend should end around 0.9715 - 0.9787 area. A correction down to below 0.9572 is expected. A rise above 0.9859 will abort the expected correction.



Forecast EUR/GBP for Friday 23 April 2015


Support 1: 0.7102

Support 2: 0.7070


Resistance 1: 0.7186

Resistance 2: 0.7238



Market should not go lower than 0.7128 - 0.7102. After this move down it should go up to 0.7170 - 0.7186 area.



Forecast EUR/JPY for Friday 23 April 2015


Support 1: 128.21

Support 2: 127.81


Resistance 1: 128.99

Resistance 2: 129.36



While below 128.79 - 128.99 it is more likely to fall further towards 128.40 or 128.21. Premature rise above 128.99 could see it rising above 129.36 zone.


Forecast EUR/CHF for Friday 23 April 2015


Support 1: 1.0297

Support 2: 1.0175


Resistance 1: 1.0484

Resistance 2: 1.0550



Current rise seems to be over near 1.0423 or 1.0484 for a retracement towards 1.0362 - 1.0329 area.


Forecast XAU/USD for Friday 23 April 2015


Support 1: 1180.48

Support 2: 1173.69


Resistance 1: 1199.47

Resistance 2: 1211.67


There is bearish potential for a fall to 1186.58 - 1180.48 while 1192.68 - 1196.08 resist. After this fall a recovery up to 1196.08 or 1199.47 is expected.



Forecast AUD/USD for Friday 23 April 2015


Support 1: 0.7705

Support 2: 0.7654


Resistance 1: 0.7807

Resistance 2: 0.7858


There are initial signs of a good corrective recovery to at least 0.7781 or even above 0.7807. Supports at 0.7730 and 0.7705 zone.



Forecast USD/CAD for Friday 23 April 2015


Support 1: 1.2203

Support 2: 1.2169


Resistance 1: 1.2279

Resistance 2: 1.2321


There is bearish potential for a fall to 1.2203 while 1.2245 - 1.2262 resist. After this fall a recovery up to 1.2262 or 1.2279 is expected.


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Forecast EUR/USD for Friday 27 April 2015


Support 1: 1.0801

Support 2: 1.0735


Resistance 1: 1.0917

Resistance 2: 1.0966



While below 1.0884 - 1.0917 it is more likely to fall further towards 1.0826 or 1.0801. Premature rise above 1.0917 could see it rising above 1.0966 zone.


Forecast USD/JPY for Friday 27 April 2015


Support 1: 118.58

Support 2: 118.29


Resistance 1: 119.41

Resistance 2: 119.95


Market should not go lower than 118.45. After this move down it should go up to 119.41 area.


Forecast for GBP/USD Friday 27 April 2015


Support 1: 1.5076

Support 2: 1.4973


Resistance 1: 1.5235

Resistance 2: 1.5289



Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5212 or 1.5235 if support around 1.5131 hold. After which a pullback to 1.5131 - 1.5104 zone is possible.


Forecast USD/CHF for Friday 27 April 2015


Support 1: 0.9507

Support 2: 0.9477


Resistance 1: 0.9571

Resistance 2: 0.9604




It may meet resistance in 0.9537 - 0.9541 zone for a drift down to 0.9507 zone, after which bounce to 0.9571 is anticipated.


Forecast EUR/GBP for Friday 27 April 2015


Support 1: 0.7134

Support 2: 0.7109


Resistance 1: 0.7198

Resistance 2: 0.7237



There are initial signs of a good corrective recovery towards 0.7186 or even 0.7198. Supports at 0.7154 and 0.7134 zone.


Forecast EUR/JPY for Friday 27 April 2015


Support 1: 128.64

Support 2: 128.11


Resistance 1: 129.92

Resistance 2: 130.65



There are initial signs of a good corrective recovery towards 129.65 or even 129.92. Supports at 129.01 and 128.64 zone.


Forecast EUR/CHF for Friday 27 April 2015


Support 1: 1.0328

Support 2: 1.0292


Resistance 1: 1.0391

Resistance 2: 1.0417



Structure suggests that it could fall to 1.0328 while below 1.0373 area. A rise above 1.0391 is bullish.


Forecast XAU/USD for Friday 27 April 2015


Support 1: 1170.63

Support 2: 1162.67


Resistance 1: 1191.33

Resistance 2: 1204.06


Market should not go lower than 1177.00 - 1170.63. After this move down it should go up to 1187.35 - 1191.33 area.


Forecast AUD/USD for Friday 27 April 2015


Support 1: 0.7780

Support 2: 0.7734


Resistance 1: 0.7856

Resistance 2: 0.7886


Currently uptrend should end around 0.7857 - 0.7856 area. A correction down to below 0.7780 is expected. A rise above 0.7886 will abort the expected correction.


Forecast USD/CAD for Friday 27 April 2015


Support 1: 1.2121

Support 2: 1.2073


Resistance 1: 1.2199

Resistance 2: 1.2229


It should test 1.2221 area after which a sell off down to 1.2121 or extended to 1.2073 area is expected.


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Forecast EUR/USD for Friday 28 April 2015


Support 1: 1.0832

Support 2: 1.0772


Resistance 1: 1.0939

Resistance 2: 1.0986


Currently uptrend should end around 1.0916 - 1.0939 area. A correction down to below 1.0832 is expected. A rise above 1.0986 will abort the expected correction.


Forecast USD/JPY for Friday 28 April 2015


Support 1: 118.72

Support 2: 118.42


Resistance 1: 119.38

Resistance 2: 119.74


It looks set to visit further lower territory down to around 118.90 - 118.72. Its corrective attempts should fail ahead of 119.23 - 119.38. Stop loss above 119.74 zone.


Forecast for GBP/USD Friday 28 April 2015


Support 1: 1.5142

Support 2: 1.5047


Resistance 1: 1.5297

Resistance 2: 1.5356


Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5290 or 1.5297 if support around 1.5202 hold. After which a pullback to 1.5202 - 1.5172 zone is possible.


Forecast USD/CHF for Friday 28 April 2015


Support 1: 0.9501

Support 2: 0.9453


Resistance 1: 0.9591

Resistance 2: 0.9632


It looks set for gains to 0.9591. Supports at 0.9522 and 0.9501. A break of 0.9453 will damage this bullish structure.


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Forecast EUR/USD for Friday 29 April 2015


Support 1: 1.0897

Support 2: 1.0813


Resistance 1: 1.1028

Resistance 2: 1.1075



Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1005 or 1.1028 if support around 1.0944 hold. After which a pullback to 1.0944 - 1.0921 zone is possible.



Forecast USD/JPY for Friday 29 April 2015


Support 1: 118.70

Support 2: 118.53


Resistance 1: 119.12

Resistance 2: 119.37


Decline should be supported around 118.28 zone for rally to above 119.12. A clear break of 118.28 will damage this expected rally.



Forecast for GBP/USD Friday 29 April 2015


Support 1: 1.5230

Support 2: 1.5120


Resistance 1: 1.5396

Resistance 2: 1.5453



Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5355 or 1.5396 if support around 1.5286 hold. After which a pullback to 1.5286 - 1.5258 zone is possible.



Forecast USD/CHF for Friday 29 April 2015


Support 1: 0.9505

Support 2: 0.9458


Resistance 1: 0.9600

Resistance 2: 0.9647


Current upmove should be ended around 0.9576 - 0.9600. Any correction consolidation should find support in 0.9529 - 0.9505 zone.


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Forecast EUR/USD for Friday 30 April 2015


Support 1: 1.0996

Support 2: 1.0864


Resistance 1: 1.1224

Resistance 2: 1.1320



Strength can extend to 1.1158 or 1.1224 as declines are expected to find support at 1.1044 or 1.0996. A fall below 1.0864 could turn it bearish.


Forecast USD/JPY for Friday 30 April 2015


Support 1: 118.63

Support 2: 118.25


Resistance 1: 119.39

Resistance 2: 119.75


Currently uptrend should end around 119.19 - 119.39 area. A correction down to below 118.63 is expected. A rise above 119.75 will abort the expected correction.


Forecast for GBP/USD Friday 30 April 2015


Support 1: 1.5344

Support 2: 1.5251


Resistance 1: 1.5514

Resistance 2: 1.5591



While below 1.5468 - 1.5514 it is more likely to fall further towards 1.5382 or 1.5344. Premature rise above 1.5514 could see it rising above 1.5591 zone.


Forecast USD/CHF for Friday 30 April 2015


Support 1: 0.9299

Support 2: 0.9204


Resistance 1: 0.9531

Resistance 2: 0.9668


Market should not go lower than 0.9368 - 0.9299. After this move down it should go up to 0.9483 - 0.9531 area.


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Forecast EUR/USD for Friday 5 May 2015


Support 1: 1.1105

Support 2: 1.1063


Resistance 1: 1.1206

Resistance 2: 1.1266


It should register further gains to 1.1206 while 1.1105 - 1.1063 caps downside attempts.


Forecast USD/JPY for Friday 5 May 2015


Support 1: 120.00

Support 2: 119.86


Resistance 1: 120.27

Resistance 2: 120.41


Our preferred outlook is for a drift down to 120.00 or below 119.86. Resistances are at 120.14 and 120.14. A rise above 120.27 would delay but not abort this expected fall.


Forecast for GBP/USD Friday 5 May 2015


Support 1: 1.5082

Support 2: 1.5044


Resistance 1: 1.5166

Resistance 2: 1.5213


It may meet resistance in 1.5119 - 1.5128 zone for a drift down to 1.5082 zone, after which bounce to 1.5166 is anticipated.


Forecast USD/CHF for Friday 5 May 2015


Support 1: 0.9308

Support 2: 0.9276


Resistance 1: 0.9379

Resistance 2: 0.9417


While below 0.9341 or 0.9346 it could fall towards below 0.9308 or 0.9276. After which a corrective/consolidation activity is expected to 0.9363 zone.


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Forecast EUR/USD for Friday 6 May 2015


Support 1: 1.1094

Support 2: 1.1002


Resistance 1: 1.1250

Resistance 2: 1.1315



Difficult to predict the next move. If first down it should hold 1.1126 or 1.1094. If first up it should face resistance in 1.1204 - 1.1250 zone to 1.1094 zone.


Forecast USD/JPY for Friday 6 May 2015


Support 1: 119.56

Support 2: 119.27


Resistance 1: 120.33

Resistance 2: 120.80


There is bearish potential for a fall to 119.80 - 119.56 while 120.03 - 120.18 resist. After this fall a recovery up to 120.18 or 120.33 is expected.


Forecast for GBP/USD Friday 6 May 2015


Support 1: 1.5108

Support 2: 1.5034


Resistance 1: 1.5237

Resistance 2: 1.5292



Currently uptrend should end around 1.5200 - 1.5237 area. A correction down to 1.5136 - 1.5108 is expected. A rise above 1.5292 will abort the expected correction.


Forecast USD/CHF for Friday 5 May 2015


Support 1: 0.9198

Support 2: 0.9131


Resistance 1: 0.9373

Resistance 2: 0.9480


There is bearish potential for a fall to 0.9198 while 0.9306 - 0.9339 resist. After this fall a recovery up to 0.9339 or 0.9373 is expected.

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Forecast EUR/USD for Friday 7 May 2015


Support 1: 1.1224

Support 2: 1.1102


Resistance 1: 1.1420

Resistance 2: 1.1493



Current rise seems to be over near 1.1358 or 1.1420 for a retracement towards 1.1297 - 1.1261 area.


Forecast USD/JPY for Friday 7 May 2015


Support 1: 119.10

Support 2: 118.75


Resistance 1: 119.93

Resistance 2: 120.40


Current fall is near an end of wave around 119.10 zone, a rally should then procede to above 119.93. Fall below 118.75 would cancel this scenario.


Forecast for GBP/USD Friday 7 May 2015


Support 1: 1.5168

Support 2: 1.5090


Resistance 1: 1.5307

Resistance 2: 1.5368


Current upmove should be ended around 1.5268 - 1.5307. Any correction consolidation should find support in 1.5198 - 1.5168 zone.


Forecast USD/CHF for Friday 7 May 2015


Support 1: 0.9091

Support 2: 0.9020


Resistance 1: 0.9257

Resistance 2: 0.9352


Current fall is near an end of wave around 0.9091 zone, a rally should then procede to above 0.9257. Fall below 0.9020 would cancel this scenario.

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Forecast EUR/USD for Friday 8 May 2015


Support 1: 1.1205

Support 2: 1.1144


Resistance 1: 1.1360

Resistance 2: 1.1453



There are initial signs of a good corrective recovery towards 1.1329 or even 1.1360. Supports at 1.1252 and 1.1205 zone.


Forecast USD/JPY for Friday 8 May 2015


Support 1: 119.24

Support 2: 118.75


Resistance 1: 120.05

Resistance 2: 120.36


Difficult to predict the next move. If first down it should hold 119.40 or 119.24. If first up it should face resistance in 119.80 - 120.05 zone to 119.24 zone.


Forecast for GBP/USD Friday 8 May 2015


Support 1: 1.5181

Support 2: 1.5117


Resistance 1: 1.5293

Resistance 2: 1.5340


After this rise, a correction is expected.



Forecast USD/CHF for Friday 8 May 2015


Support 1: 0.9117

Support 2: 0.9017


Resistance 1: 0.9272

Resistance 2: 0.9327


Market should hold major support at 0.9087 before rising towards 0.9272 or even 0.9327 limit.

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Forecast EUR/USD for Friday 12 May 2015


Support 1: 1.1122

Support 2: 1.1090


Resistance 1: 1.1196

Resistance 2: 1.1238


It may meet resistance in 1.1155 - 1.1164 zone for a drift down to 1.1122 zone, after which bounce to 1.1196 is anticipated.


Forecast USD/JPY for Friday 12 May 2015


Support 1: 119.82

Support 2: 119.55


Resistance 1: 120.25

Resistance 2: 120.42


Currently uptrend should end around 120.26 - 120.25 area. A correction down to below 119.82 is expected. A rise above 120.42 will abort the expected correction.


Forecast for GBP/USD Friday 12 May 2015


Support 1: 1.5448

Support 2: 1.5311


Resistance 1: 1.5669

Resistance 2: 1.5751


Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5734 or 1.5669 if support around 1.5531 hold. After which a pullback to 1.5531 - 1.5490 zone is possible.


Forecast USD/CHF for Friday 12 May 2015


Support 1: 0.9308

Support 2: 0.9274


Resistance 1: 0.9366

Resistance 2: 0.9389


One move lower to 0.9274 or 0.9251 is anticipated while below 0.9349 - 0.9366 area. Stop loss above 0.9389 zone.

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Forecast EUR/USD for Friday 13 May 2015


Support 1: 1.1139

Support 2: 1.1064


Resistance 1: 1.1284

Resistance 2: 1.1354



Current upmove should be ended around 1.1246 - 1.1284. Any correction consolidation should find support in 1.1174 - 1.1139 zone.


Forecast USD/JPY for Friday 13 May 2015


Support 1: 119.68

Support 2: 119.50


Resistance 1: 120.16

Resistance 2: 120.46


Our preferred outlook is for a drift down to 119.68 or below 119.50. Resistances are at 119.86 and 119.98. A rise above 120.16 would delay but not abort this expected fall.


Forecast for GBP/USD Friday 13 May 2015


Support 1: 1.5582

Support 2: 1.5493


Resistance 1: 1.5736

Resistance 2: 1.5800



While below 1.5691 - 1.5736 it is more likely to fall further towards 1.5614 or 1.5582. Premature rise above 1.5736 could see it rising above 1.5800 zone.


Forecast USD/CHF for Friday 13 May 2015


Support 1: 0.9217

Support 2: 0.9141


Resistance 1: 0.9364

Resistance 2: 0.9435


It should trade higher to 0.9364 or above 0.9435 in extention. Supports at 0.9252 and 0.9217. Stop loss below 0.9141 zone.

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Forecast EUR/USD for Friday 14 May 2015


Support 1: 1.1244

Support 2: 1.1133


Resistance 1: 1.1424

Resistance 2: 1.1493


Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1457 or 1.1424 if support around 1.1313 hold. After which a pullback to 1.1313 - 1.1278 zone is possible.


Forecast USD/JPY for Friday 14 May 2015


Support 1: 118.78

Support 2: 118.41


Resistance 1: 119.78

Resistance 2: 120.41


Market should not go lower than 119.09 - 118.78. After this move down it should go up to 119.59 - 119.78 area.


Forecast for GBP/USD Friday 14 May 2015


Support 1: 1.5663

Support 2: 1.5580


Resistance 1: 1.5799

Resistance 2: 1.5852


Currently uptrend should end around 1.5813 - 1.5799 area. A correction down to below 1.5663 is expected. A rise above 1.5852 will abort the expected correction.


Forecast USD/CHF for Friday 14 May 2015


Support 1: 0.9116

Support 2: 0.9065


Resistance 1: 0.9256

Resistance 2: 0.9346


Market should not go lower than 0.9081. After this move down it should go up to 0.9256 area.

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Forecast EUR/USD for Friday 21 May 2015


Support 1: 1.1053

Support 2: 1.1013


Resistance 1: 1.1143

Resistance 2: 1.1193


It may meet resistance in 1.1093 - 1.1103 zone for a drift down to 1.1053 zone, after which bounce to 1.1143 is anticipated.


Forecast USD/JPY for Friday 21 May 2015


Support 1: 120.79

Support 2: 120.25


Resistance 1: 121.68

Resistance 2: 122.02


Current rise should end around 121.68. Objectives of this downmove are 120.79 or 120.25. A rise above 122.02 is again bullish.


Forecast for GBP/USD Friday 21 May 2015


Support 1: 1.5477

Support 2: 1.5417


Resistance 1: 1.5592

Resistance 2: 1.5648


It should test 1.5548 area after which a sell off down to 1.5477 or extended to 1.5417 area is expected.


Forecast USD/CHF for Friday 21 May 2015


Support 1: 0.9337

Support 2: 0.9303


Resistance 1: 0.9405

Resistance 2: 0.9440


A corrective rise should ideally test 0.9405 or even higher than 0.9440. Stop loss below 0.9303 zone.

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Forecast EUR/USD for Friday 22 May 2015


Support 1: 1.1067

Support 2: 1.1022


Resistance 1: 1.1169

Resistance 2: 1.1227


While above 1.1096 - 1.1067 zone a corrective dip could test 1.1125 or 1.1169.


Forecast USD/JPY for Friday 22 May 2015


Support 1: 120.80

Support 2: 120.55


Resistance 1: 121.33

Resistance 2: 121.62


Decline should be supported around 120.80 - 120.55 zone for rally to above 121.33. A clear break of 120.55 will damage this expected rally.


Forecast for GBP/USD Friday 22 May 2015


Support 1: 1.5558

Support 2: 1.5455


Resistance 1: 1.5732

Resistance 2: 1.5803


Current rise seems to be over near 1.5681 or 1.5732 for a retracement towards 1.5629 - 1.5593 area.


Forecast USD/CHF for Friday 22 May 2015


Support 1: 0.9324

Support 2: 0.9277


Resistance 1: 0.9400

Resistance 2: 0.9429


Market should hold major support at 0.9318 before rising towards 0.9400 or even 0.9429 limit.

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