27 - 31 December |
weekly
forecast 27 - 31
December CAC40 Weekly Review Wave Analysis Just as previously forecasted, the French Stock's index is still in an active up trend. While the Price remains above the trend indicator attached, we expect nothing but a possible momentum to the upperside. Even with a correction below the indicator attached, I | ||
2021 | EURUSD | GBPUSD | USDJPY |
31 December | Wave Analysis During the previous trading day, Euro failed to break above the upper trendline and is now below the same trendline. As we mentioned during our previous trading day, we expect nothing but a possible momentum to the lowerside and should continue much lower towards the lower trendline. | Wave Analysis As long as the price remains above the zone 1.3373-1.3350, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upperside and should break above 1.3604 and may continue much higher. O | Wave Analysis As we indicated earlier this week, we expect the US Dollar to continue to the upperside and may see the price break beyond 116.7 towards 118.0 or even higher. On this chart, buy positions looks ideal and can safely be recommended, otherwise, if the price rebound from the upper trendl |
30 December | |||
29 December | |||
28 December | |||
27 December |