| 23 - 27 April |
weekly
forecast 23 - 27
April German Stock Index Weekly Review Wave Analysis Following last month's pin bar, German stock's index has been in a constant up trend and is still pretty much bullish both on the weekly and the monthly charts. As long as the price remains above 12126.5, we expect a possible momentum to the upper | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 27 April | Wave Analysis During the previous trading day, the impulsive wave (c) traded intensely to the lower side and is still pretty much bearish both on the daily and weekly charts. Today and possible during the course of next week, we expect a possible extension of the impulsive wave (c) to the lower sid | Wave Analysis Perfectly as previously forecasted, the impulsive wave (a) extended significantly to the lower side but is still several pips above 1.38337. We're waiting for this first impulsive wave to end, then, the corrective wave (b) before we sell the impulsive wave (c) with our target at 1.383 | Wave Analysis In the recent past, the impulsive wave (5) went above the 4 hour resistance level 108.985 and is still pretty much above this level. As long as this level holds the price above it, we expect a possible momentum to the upper side with an ultimate target at 110.20 or even higher. On the |
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