| 29 October - 02 November |
weekly
forecast 29 October - 02
November Brent Weekly Review Wave Analysis During the previous week, after breaking below 79.740, Brent oil traded further to the lowerside but could not go below 75.457. We went long following the bounce from 75.457 and is still holding, our expectation is that the price should continue to the upper sid | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 02 November | Wave Analysis Perfect as previously forecasted, the corrective three wave cycle extend massively to the upper side and is still pretty much bullish. Following the break above 1.14158, we expect further momentum to the upper side. The anticipated bullish price rally is the continuation of the impuls | Wave Analysis After hitting our take profit set at 1.26941, the cable headed straight to the upper side and is still pretty much above 1.26941, as long as the price remains above this level, we expect a possible momentum to the upper side. Ideally, we expect the rebound from 1.26941 to have marked | Wave Analysis During the previous trading day, the US Dollar rallied to the upperside and is still showing signs of rallying even higher. As we mentioned in our previous forecast, as long as the price remains above the dynamic supportive indicator, we expect nothing but a possible momentum to the u |
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