| 17 - 21 August |
weekly
forecast 17 - 21
August SPX500 Weekly Review Wave Analysis Nothing much happened on this index last week, we saw an attempt to break below the 100 fib level but the price ended up closing again above it, As long as the price remains with 100% fib level and 127.2 % fib level, we are on the sidelines, our expectati | ||
| 2020 | EURUSD | GBPUSD | USDJPY |
| 21 August | Wave Analysis Earlier this week, Euro bounced off from the upper trendline rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts, on the 4 hours chart attached we're anticipating a possible continuation of the corrective wave (2) to the lowerside but | Wave Analysis After an attempt to breakout above the upper trend line, the British pound pulled back to the lower side but again ended up below it but failed to touch the lower supportive trend line. We expect the current bullish price rally to be the continuation of the impulsive wave (iii) to the | Wave Analysis After bouncing off from the upper trendline, the US Dollar continued to the lowerside and is still very much bearish both on the daily and on the weekly charts. While the price remains below the upper trendline, we expect nothing but a possible momentum to the lowerside, the anticipa |
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