| 23 - 27 July |
weekly
forecast 23 - 27
July Gas Weekly Review Wave Analysis: After rebounding from the upper trendline, Gas has been in a constant downtrend perfectly as previously forecasted and is still pretty much bearish both on the weekly and monthly charts. During this week and possibly in the coming week, we expect this downward ra | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 27 July | Wave Analysis: Instead of a rally to the upperside, Euro has been declining in value and is still pretty much bearish on the daily chart. The price however, is still above the weekly supportive zone 1.14595-1.14067. As long as the price is contained above this level, we expect a possible rally to th | Wave Analysis: Just as in the euro, the cable is yet to make any significant move to the upperside. We expect the downward rally that was seen the previous trading day to be a continuation phase of the impulsive wave (c) but should not go beyond 1.27252. If you're not already in a short position, yo | Wave Analysis: First, the previous day's candle was a perfect bullish pin bar candle closing above a key level 111.040. This is a key level and as long as it protects the lowerside, we expect a possible momentum to the upperside. The anticipated bullish price rally will be the continuation of the im |
| 26 July | |||
| 25 July | |||
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| 23 July | |||
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