| 01 - 05 January |
weekly
forecast 01 - 05
January Nike Weekly Review: Wave Analysis: For the past three months, the value per share of this multinational Corporation has rose tremendously but is currently finding it a challenge to close above the resistance zone 65.45-62.75. We expect a possible rebound from this zone to pick a short position w | ||
| 2018 | EURUSD | GBPUSD | USDJPY |
| 05 January | Wave Analysis: During the previous trading day, euro rose upwards despite the previous day's forecast that it could continue to correct itself downwards. We expect a possible double top formation around 1.2069 to short this pair. The anticipated bearish price rally is the continuation of the impuls | Wave Analysis: After an unprecedented fall in price seen on 3rd this January, the cable is continuing rise and is still showing signs of rising. During this intraday, we expect a possible bullish price movements to the upper side. We expect this upwards rally to be the continuation of the impulsive | Wave Analysis: The US Dollar continues to pullback upwards despite Monday's forecast that it could continue falling. During this intraday and earlier next week, we expect a possible extension of this correction to the upper side but should not break above the upper trend line. If the upper trend li |
| 04 January | |||
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| 02 January | |||
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