| 29 January - 02 February |
weekly
forecast 29 January - 02
February Gold Weekly Review Wave Analysis: Gold is currently rallying around a key monthly resistance zone 1354.27-1330.93. This is a key zone and as long as it protects the upper side, we expect a possible rebound from it to pick a short position with an ultimate target at 681.78. Ideally, we expect the | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 02 February | Wave Analysis: Euro continues to pullback upwards but is currently approaching a key resistance level 1.2525, as long this level is not breached to the upper side, we expect a possible double top formation around this level to short this pair with an ultimate target at 1.2286 or even lower. Accordi | Wave Analysis: Yesterday after breaking above 1.4214, the cable pulled back to the same zone before picking a momentum to the upper side, we expect a possible double top formation around 1.4335 to pick a short position with an ultimate target at 1.3915. The idea is to remain flat temporarily and th | Wave Analysis: The price is still contained above the weekly support zone 108.66-108.18. This is a key support level and as long as it is not breached to the lower side with a big red candle, we expect a possible bullish price movements towards 114.04 or even higher. The current chart set up and st |
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