| 04 - 08 June |
weekly
forecast 04 - 08
June Gas weekly Review Wave Analysis After a massive correction during the previous week, gas recovered almost 100% the value it lost last week. The previous week's weekly candle is a perfect bullish pin bar below a key resistive trendline, We expect a possible breakout above this trendline to pick | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 08 June | Wave Analysis During the previous trading day, euro pulled back slightly to the lower side but is still pretty much bullish on the weekly charts. As we said previously, as long as the price remains above the zone 1.1502-1.1455, we expect a possible rally to the upper side. The anticipated bullish p | Wave Analysis After rallying higher during the previous trading day but ended up closing as a potential bearish pin bar. We still expect further momentum to the upper side based on the previous week's candle, that is the price should rise higher towards 1.42460 or even higher. This upward rally sho | Wave Analysis instead of rallying even higher as we previously forecasted, the US Dollar lost value significantly and may correct itself further to the lower side. This downward rally is a mere correction of the impulsive wave (c) but should not go beyond the daily support level 108.573. Ideally, d |
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