| 03 - 07 July |
weekly
forecast 03 - 07
July SPX500 Weekly Review SP500 index is currently bearish. The market has completed the impulsive V-wave pattern and has entered the corrective phase, following an ABC corrective pattern. Based on this analysis, there is an expectation for further downside movement towards the target level of 4048.7, | ||
| 2023 | EURUSD | GBPUSD | USDJPY |
| 07 July | EURUSD moved exactly as we had predicted in our previous analysis (6/7/2023).as the market has successfully concluded the impulsive phase and has now transitioned into a corrective phase. The current market sentiment is highly bullish. Our expectation is for the market to continue its upward moveme | GBPUSD is currently in an impulsive phase, with the market in the process of forming the corrective major wave 'IV'. Upon analyzing the chart, we can observe that the market has been following an expanding falling wedge pattern since the completion of the major impulsive wave 'III' at 1.2825. Addit | USDJPY is currently experiencing a decline as it remains in the corrective phase, following the ABC corrective pattern. Our expectation is for the market to continue its downward movement, potentially reaching the target level of 142.47, which we have identified as our minor wave 'a'. To take advan |
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