| 22 - 26 February |
weekly
forecast 22 - 26
February Gold Weekly Review Wave Analysis During late last week, Gold bounced off from the daily support level 1773.54. As long as the price remains above this zone, we expect the rebound from this level to be an end to the last impulsive wave (5) to the lower side and could be the beginning of a correct | ||
| 2021 | EURUSD | GBPUSD | USDJPY |
| 26 February | Wave Analysis During the previous trading day, Euro closed as a bearish pin bar. As long as the price remains below the fib level 61.8% fib level, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of a corrective wave count and coul | Wave Analysis The British pound continues to correct itself to the lowerside and is now below 61.8% fib level. At this rate, we are expecting a possible break and close below the swing low 1.38540 and could breakout much lower/ If the price breaks and closes below 1.36480, then this will be a good | Wave Analysis During the previous trading day, the US Dollar rallied to the upper side but could not break above the level 106.730. As it is now, we expect further momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside and shoul |
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