Ahead of ECB rate decision markets are quiet

We have the ECB meeting this week and the eyes are on mr.Draghi. He said recently that ECB is ready to act in March. What means this si still not clear and the market is in a consolidation mode for the last two weeks. I expect it to remain in this state until Wednesday too. For no the price is locked between 1.0970 and 1.1050. Of course breaking of either is possible before ECB meeting, but the final direction will be determined after the decision is released. Any further cut of the ECB stimulus program is going to boost the upside and we are going to attack monthly Senkou Span A price at 1.1190 and the main resistance line at 1.1540, while any increase of the stimulus will encourege bears who will push the EUR to 1.0590 and below for the rest of the month. What exactly will happen we shall see.
GOLD continues to gain price as expected in my last week's forecast. Seems the 'flag' formation has done its job. We have resistances at 1310 and 1335, and i do not expect the second one to be broken this month. But please note we have some possibility to reach it. First support is 1238 then 1224. Below the second further drop is possible so quit longs.
NZD upside continues but seems not steady enough, however above 0.6760 we are bullish. Any daily close below 0.6750 will put the pair into a correction lower state, so follow closely the price movement and place SL. This week we shall have the rate decision here too, change is not expected, but who knows???
AUD had a powerful last week, but currently the price is facing the weekly Senkou Span A price at 0.7490. Main support is at 0.7250, below this one further downside is expected. We have an intermediate support at 0.7330.
JPY for now consolidates above 113.00, we have first resistance at 115.00 and the second stronger at 116.30 which i don't expect to be broken soon. Use any upside to open fresh Short positions. The outlook is bearish below 115.50.
GBP shows good volatility and gained last week from 1.3800 to 1.4200. Please note that we are still below the 1.4340 resistance and as long as we are below it the outlook is bearish. Only a daily close above 1.4450 could change the bearish outlook. If the price closes below 1.4040 sell again.
RUB performs good against the dollar, and keeps the pair's price close to 71.00 however it still cannot break it lower. Once this happens the price will continue to 68.40 whis is the next support. Above 75.00 some upside is possible and above 78.50 the upside will be fully restored.

http://www.fxstreet.com/analysis/todays-forex-forecast/2016/03/07/

EUR consolidates ahead ECB meeting in march

FOREX FORECAST 29.02.2016-04.03.2016
EUR is under pressure ahead the ECB meeting in march. The market is waiting for the ECB decision as mr.Draghi has said ECB is ready to act in march. So i expect some more sideways consolidation tduring whole this week and the beginning of the next too. The upside is limited by 1.1000 and 1.1050, while downside is supported by 1.0870 and 1.0800. Any drop below 1.0800 will cause another 200 pips drop or even more.
GOLD performs well because of the market's fear becaise of the ECB future decision. We have a clear 'flag' formation on Daily which suggests more upside is coming. For now 1215 serves as support level. Upside is limited by 1240-1250. Daily support is 1204 and reversal point is 1180.
NZD starts the week with some downside gap. The price is supported by Senkou Span B price at 0.6615 but we are currently below and this now serves as resistance. Further supports are 0.6580 and 0.6540. If we break them i think it won't last for long.
AUD uses 0.7100 support which is the Senkou Span B price too to get some more to the upside, but is facing two resistance levels at 0.7140 and 0.7160. Only a Daily close above the second cound be a signal for more upside in future.
JPY has lost again support at 113.20 and is currently heavy bearish. Indicators currently show more downside is comming. Targets are set again at 112 and 111. Upside is limited by 114.10 and i do not expect for it to be broken or even reached.
GBP has made a huge drop last week and this week it will look for support inside the support area of 1.3700-1.3900. Will the UK leave EU - well i think not, but rumors about possible leaving continue to destroy the pair's price.
RUB is trying to break the positive Daily cloud to the downside, however it not seems to give up so easy. Support is at 74.00 and resistance is 76.80. I think this week we shall continue to move in this range. But any close outside of it will start a new wave in same direction.

http://www.fxstreet.com/analysis/todays-forex-forecast/2016/02/29/

FOREX forecast 29.06.2015 - 03.07.2015

EUR dropped once again following the failure to reach any agreement between Greece and European partners. Prepare for another drop tomorrow evening when is the deadline for Greece to pay the money. This week we have plenty of economic data but it all doesn't matter in the current situation. Markets are close to a panic state, and you should be extremely careful. If Greece is kicked out of the eurozone, EUR will drop dramatically to 1.04 and even below 1.0000 and GOLD will be reborn with fresh upside wave, but rumors are saying mrs.Merkel has the final word here, and she has a plan to save Greece. So i continue to think that Greece will stay in the eurozone this time too and will recieve money. For now you'd better stay away from the market and wait for a direction.

GOLD is waiting for the deadline too and in such situations many traders use it as the safety place to hide. We have 1191 and 1205 resistances above which we are bullish. Breaking of these levels will be the signal for buying.

NZD seems to build some support at 0.6820, but all indicators are still negative. If the pair is not able to break above 0.6870 or it drops below 0.6820 downside will continue. Only a Daily colse above 0.6880-90 may start the so needed recovery to the upside.

AUD is still in a consolidation near the support level 0.7550-80. This level has bounced the price several times since March this year and is possible to continue to cap any downside moves in future. However below 0.7700 all indiactors are bearish and show another slide ahead. Above 0.7710 a recovery to the upside is possible.

JPY opened the week with a small gap and is trying to gain control over the pair, but 121.90-122.00 level seems strong enough for now, and as long as we are above, the upside possibilities are intact. Resistance here is at 123.40, the pair will consolidate between these two until any of them is broken.

GBP has successfully closed last week above 1.5600 so it preserved chances of recovery continuation. Main support is still 1.5600 and main resistance is 1.5880. On Weekly the price approaches a huge negative Ichimoku cloud which may destroy the upside and press the price to the downside again this month if breaking of 1.5900 is not ssuccessful.

RUB has almost lost the battle with the dollar inside the Daily negative Ichimoku. We have a solid support at 54.20 and the target is set to 55.60. Any break of 56.20 may restart the dollar rally again. H4 indicators are bullish too. Situation is interesting on Weekly where we are just below the Senkou Span B price. If it is broken next target will be 58.80 and above.

http://www.forexstreet.net/profiles/blogs/forex-forecast-29-06-2015-03-07-2015?xg_source=activity