| 22 - 26 October |
weekly
forecast 22 - 26
October SPX500 Weekly Review Wave Analysis For the past two weeks, SPX500 corrected itself to the lowerside but is still being supported by the 52 Simple Moving Avarage. As long as the price remains above this MA, we expect a possible momentum to the upperside. The anticipated bullish price rally is the | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 26 October | Wave Analysis Perfectly as previously forecasted, Euro rallied further to the lower side and is still pretty much bearish both on the daily and the weekly charts. As long as the price remains within the falling channel formation, we expect nothing but a possible momentum to the lower side. The anti | Wave Analysis During the previous trading day, the impulsive wave (V) extended further to the lowerside and is still pretty Much bearish both on the daily and the weekly chart. Following the break below 1.2885, we expect further momentum to the lowerside, The anticipated bearish price rally is the | Wave Analysis On the 4 hour chart attached, a sell territory is seen at 112.70, As long as the price remains below this level, we expect a possible momentum to the lowerside, and should the price breakout above this level, then further momentum to the upperside is expected with an ultimate target a |
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