| 27 - 31 August |
weekly
forecast 27 - 31
August Gold weeklly review Wave Analysis During the previous weeks, after a break below the weekly support level 1203.19, Gold markets pulled back to the same level but failed to breakout above it, as long as the price remains below 1203.19, we expect a possible momentum to the lowerside. The anticipat | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 31 August | Wave Analysis After a momentum to the upperside earlier this week, euro is currently pulling back to the lowerside but is still above 1.15967-1.14430. The zone just stated above is a key weekly supportive zone and as long as the price remains above this zone, we expect nothing bu | Wave Analysis During this week, the cable has been in a constant up trend and is now approaching a key weekly resistance level 1.30612. This is a potential sell place and as long as it protects the upperside, we're waiting for a clear rebound from it to pick a long short position. The aim here is t | Wave Analysis After an attempt breakout above the upper trendline, the US Dollar is now below the same trendline but within the falling wedge formation. While the price is within the falling wedge formation, we expect nothing but a possible momentum to the lowerside. As long as the price remains wi |
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