| 12 - 16 March |
weekly
forecast 12 - 16
March Barclays weekly review Wave Analysis: During the previous week, Barclays bank shares recovered the value it lost almost a fortnight ago, but is still within our sellers territory. As long as the price remains below 11.95-11.76, we expect a possible momentum to the lower side but should not go | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 16 March | Wave Analysis: Euro continues to correct itself to the lower side despite the previous days forecast that it could continue upwards. We expect this downward rally to be a mere correction and should not go beyond the supportive zone 1.2149-1.2178 where we'll be looking to buy the impulsive wave (5) | Wave Analysis: This market is gradually shifting from buyers dominance to sellers. Our main buyers territory is situated around 1.3662, and as long as the price is above it. This place remains to be our buyers place. At the moment, any clear sell sign will attract a sell position with our target at | Wave Analysis: During the previous trading day, the US dollar closed as a bullish pin bar on the daily chart. We expect this pin bar to have marked the end of the corrective wave (b) that any clear movements to the upper side will be the unfolding of the last impulsive wave (c) to the upper side an |
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