| 21 - 25 August |
weekly
forecast 21 - 25
August Gold weekly review Wave Analysis: For the past two months, gold markets has been in an uptrend and is still showing signs of rising even further. We expect this upward rally to be the continuation of the impulsive wave (c) to the upper side but should not go beyond the monthly resistance | ||
| 2017 | EURUSD | GBPUSD | USDJPY |
| 25 August | Wave Analysis For the past two months, this pair has been in a constant uptrend but is currently around a key resistance zone 1.1968-1.1787. As long as this zone shields the upper side, we expect a possible rebound from this zone to short euro at the least risk possible. If this zone is broken, | Wave Analysis For the past few days, the cable has been in a constant down trend but is currently approaching a key daily support zone 1.2774. -1.2736, we expect this zone to shield the lower side from any invasion from the upper side, thus, as long as it remains intact, we looking for along posi | Wave Analysis Instead of continuing short as previously expected, the Us Dollar continues to consolidate above 18.40 but is still bearish on the daily charts. During this intraday, we still expect a possible rally to the lower side towards 108.40 ad could break below. Should this support be broken, |
| 24 August | |||
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| 21 August | |||
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