10 - 14 April |
weekly
forecast 10 - 14
April SPX500 Weekly Review The SP500 has been bullish since last week, but is currently in a corrective phase known as the ABC corrective pattern. The price is expected to drop slightly, possibly down to 4161.6, before rebounding back up to 4590.9. It's worth noting that there is a major resistance zon | ||
2023 | EURUSD | GBPUSD | USDJPY |
14 April | Since the beginning of this week (10/4/2023), EURUSD has been very bullish. Based on the chart above, it can be observed that the market has been moving in an impulse and correction pattern, starting from the major wave (IV) 1.0836. Currently, the market has formed a symmetrical triangle pattern at | GBPUSD has been bullish since the beginning of this week. Currently, the market is forming the "V" major impulsive wave pattern. However, starting from the major impulsive wave (I) at 1.2187, the market has been moving in an ascending channel, which is a bearish reversal pattern. Addition | USDJPY is currently very bearish, having formed a complete major (V) pattern. Looking at the chart above, it can be observed that from major wave (V) at 134.02, the market is now forming another inner minor V-wave pattern, which is considered a corrective phase. The price is currently moving in an |
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