| 25 - 29 September |
weekly
forecast 25 - 29
September Gold weekly Review: Wave Analysis: Instead of continuing long as previously forecasted, we’ve seen a possible correction of the impulsive wave (c) to the lower side but should not go beyond 1273.90, where we’ll be looking to rebuy the impulsive wave (c) at the least risk possible. Ideally, w | ||
| 2017 | EURUSD | GBPUSD | USDJPY |
| 29 September | Wave Analysis: For the past six months, the corrective wave (4) continued to rally on the higher ranges but could not go beyond the resistance zone 1.19688-1.17872, if the current monthly candle can close the way it is, then we expect this to be an onset to the impulsive wave (5) to the lower side | Wave Analysis: During the previous trading day, the cable closed above it's daily opening price of 1.3383, and is still showing signs of rallying even higher. We expect the level 1.3381, to have marked the end of the corrective wave (2) that the previous day's bullish price rally is the unfolding o | Wave Analysis: During the previous trading day, instead of continuing long as anticipated, there was a slight correction of the impulsive wave (3) but should not continue short. As long as the price remain above 112.604, we expect a possible extension of the impulsive wave (3) to the upper side but |
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