| 14 - 18 May |
weekly
forecast 14 - 18
May Gold weekly Review Wave Analysis Perfectly as previous forecasted, gold market rose slightly to our direction but is still above the weekly support level 1313.79. As long as this level protects the lower side, we expect a possible momentum to the upper side with an ultimate target at 1399.56. | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 18 May | Wave Analysis During the previous trading day, both the impulsive waves v and (c) extended significantly to the lower side and are still pretty much bearish both on the daily and the weekly charts. Today, we expect a possible extension of both the impulsive waves to the lower side and may break bel | Wave Analysis During the previous trading day, the cable opened at 1.3495, went as high as 1.3568 and as low as 1.3473 but ended up closing at 1.3515, just a few pips above it's opening price. The previous day's candle is a possible sign that, although buyers are still in this market, sellers are c | Wave Analysis Perfectly as previously forecasted, the impulsive wave (c) extended significantly to the upper side and is still pretty much bullish both on the daily and the weekly charts. Today and in the next few days, we expect a possible extension of the impulsive wave (c) to the upper side but |
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