| 08 - 12 January |
weekly
forecast 08 - 12
January SPX Weekly Review Wave Analysis SPX 500 has been rising incessantly for almost since its inception several years ago. During this week, month, and even in the entire year, we expect a possible bullish price movements with an ideal target at 2800.00. So far, this index has gained a worth wh | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 12 January | Wave Analysis Instead of continuing short as previously forecasted, euro pulled back upwards and is currently rallying around a key daily resistance level 1.2024. The previous move to the upper side is a mere corrective wave of the corrective wave (c) and should not go beyond 1.2058. This is a poss | Wave Analysis: During the previous trading day, the cable rallied with an increasing bearish momentum and even hit the lows of 1.3456 but ended up closing above its opening price. The previous day's candle is perfect bullish candle and as long as the price remains above 1.3507, we expect a possible | Wave Analysis: Perfectly as per the previous day's forecast, the US Dollar rallied on the lower ranges and is still pretty much bearish both on the daily and the weekly charts. During this intraday, we're eyeing a possible break below 110.86 to pick a short position with a target at 107.00 or even |
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