| 08 - 12 October |
weekly
forecast 08 - 12
October Brent Oil Weekly Review: Wave Analysis For the past days, Brent Oil has been on the loosing end. As long as the price remains below 85.90, we expect further correction to the lower side with an ultimate target at 79.74. The anticipated bearish price rally is the continuation of the corrective wa | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 12 October | Wave Analysis For a better parts of this week, euro has been on the upperside. As long as the price remains above 1.1498, we expect a possible momentum to the upperside. If you're not long already you could still look for long position now with the first take profit at 1.1795. On the chart above, w | Wave Analysis During the previous trading day, the cable rallied intensely to the upper side and is still pretty much bullish both on the daily and the weekly charts. Currently, the cable is rising above 1.3235, this is a key hourly level and as long as the price remains above it, we expect a possi | Wave Analysis After a failed attempt to break above the weekly resistance level 114.00, the US Dollar has been in a constant downtrend and is still pretty much bearish both on the daily and the weekly charts. As we mentioned few days ago, as long as the price is below 114.00, we expect nothing but |
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