12 - 16 July |
weekly
forecast 12 - 16
July Brent Oil Weekly Review Wave Analysis After failing to hold itself below the lower moving averages, we expect nothing but a possible momentum to the upperside. We expect the rebound from 70.390, to have marked an end to the corrective wave (4), the the current bullish price rally to be the | ||
2021 | EURUSD | GBPUSD | USDJPY |
16 July | Wave Analysis Somehow EURUSD is still reluctant to pick momentum to the lowerside as previously expected. If you are looking at this chart as we are speaking right now, we recommend looking for long term sell positions, expecting the price to break below the immediate trendline towarrds 1.1619, if | Wave Analysis Just as we expected yesterday, the British pound rallied to the lowerside and is still very much bearish. If you are looking at this chart as we are speaking, we recomend looking for long term sell positions expecting the price to race towards the lower supportive trendline, if y | Wave analysis Yesterday, instead of continuing to the lowerside as prevviously expexted, the US Dollar rallied to the upperside and may extend much higher. However, we will need to see a clear breakout above the Alligator indicator to pick a possible long term buy position expecting the price |
15 July | |||
14 July | |||
13 July | |||
12 July |