EUR/USD Forecast for 11th – 15th January, 2016.

The support price at 1.0811 and resistance at 1.0967 as formed a bullish trend outline by the white trend line. The solid red support trend line is expected to hold the price from falling further while the dashed red trend lines indicate possible bear trend that the bull must break-out from as simulated by the yellow and blue dotted line. The blue line indicates possible price movements, the yellow line indicate expected price movement and the green trend line is the resistance line.

The template is attached. Best viewed on 4hrs time frame.

I develop an expert advisor to forecast EURUSD & GBPUSD technical analysis. Download the EA and attach it to 4hour timeframe on EURUSD and 1hour time frame on GBPUSD.

Due to metatrader different build or version you have to download the specific EA for your mt4 version.

When loading the EA, ignore the Email and Password input and click OK to load TrendForecast.ex4, DLL import most be allowed on the mt4 terminal for the EA to work.