02 - 06 January |
weekly
forecast 02 - 06
January Brent Oil Weekly Review Wave Analysis During the previous trading day, the Brent oil continues to rally above 82.779 and is not showing signs of breaking and closing below it. As long as the price remains above 82.779, we expect nothing but a possible momentum to the upperside  | ||
2023 | EURUSD | GBPUSD | USDJPY |
06 January | Wave Analysis EURUSD having competed the impulsive 5 wave pattern ,is currently correcting to the down side.the price has moved below the minor corrective wave a, this indicates that we're on a short downtrend, this is the right time to sell ,with a tight stop loss just above the minor corrective | Wave Analysis The GBUSD is correcting nicely to the downside, and I expect it to complete the corrective three-wave pattern. The market has already broken through the bottom of the minor corrective wave a. If you are already on a sell trade, I would recommend setting your take profit at 1.17410 and | Wave Analysis USDJPY has been in an uptrend for the last few days, but the market is yet to complete the impulsive 5-wave pattern. Currently, the market is in major wave "IV," and I expect an impulsive move to the upside. You can pace a buy order with your top loss just below the major wave IV, wh |
04 January | |||
03 January | |||
02 January |