| 03 - 07 August |
weekly
forecast 03 - 07
August Gold Weekly Review Wave Analysis During the previous week, Gold markets rallied massively to the upper side and even established a new high of 1984.52. Following the break above the all time high. 1920.20, we expect nothing but a possible momentum to the upper side, As it is now, we are lo | ||
| 2020 | EURUSD | GBPUSD | USDJPY |
| 07 August | Wave Analysis Yesterday, nothing much happened on this pair, Euro continued to the upper side but ended up pulling back to the lower side. As long as the price remains below 1.19370, we are on the sidelines, we are either waiting for a bounce to pick a sell or a breakout above 1.19370 to continue t | Wave Analysis The British pound continues to rally above the Alligator indicator attached, while the price is held above the three lines, we expect nothing but a possible momentum to the upper side towards 1.354 and could breakout much higher. The anticipated bullish price rally is the continuation | Wave Analysis We continue to see a rally below 105.996. While the price continues to rally below 105.995, we expect nothing but a possible momentum to the bearish price rally is the continuation of the impulsive wave (E) to the lower side and should break below 104.470 towards 100.00 or even lower. |
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