10 - 14 July |
weekly
forecast 10 - 14
July Gold Weekly Review Wave Analysis: Perfectly as previously forecasted on the weekly forecasts, gold markets dropped in price even further but is yet to hit our monthly support level 1191.12. During this week, we expect a possible extension of the corrective wave (b) but should not go beyond 1 | ||
2017 | EURUSD | GBPUSD | USDJPY |
14 July | Wave Analysis: Few days ago, the impulsive wave (v) extended higher but could not go beyond the resistance level 1.1463. We expect the downward rally that began two days ago to be a mere corrective three wave cycle and should not go beyond the daily support level 1.08649 during this intraday. With | Wave Analysis We expected a possible bearish price rally towards the daily support level 1.2777 few days ago, but as it appears, the cable could barely hit this level, instead, it pulled back upwards and could extend further upwards during this trading day. This is just a corrective price rally and | Wave Analysis: Following the massive drop seen on 7th July this month, the pair failed to continue short and is still pulling back upwards. We expect the current upward rally to be the unfolding of the corrective wave (b) upwards but should not go beyond 114.09, from where we'll be looking to short |
13 July | |||
12 July | |||
11 July | |||
10 July |