| 28 August - 01 September |
weekly
forecast 28 August - 01
September Gold Weekly Review Wave Analysis: Other than June, gold has been in an uptrend for almost 6 months in a raw. This is a clear bullish gesture, and following the end of the corrective wave (b) around 1212.86, we expect a possible extension of the impulsive wave (c) to the upper side but should | ||
| 2017 | EURUSD | GBPUSD | USDJPY |
| 01 September | Wave Analysis: After hitting the highs of 1.2070 Euro reversed to the lower side but is showing possible signs the bearish momentum is declining. The previous day's candle is a perfect bullish pin closing above a key short term resistance level 1.1875. As long as this resistance protects the lower | Wave Analysis: During the previous trading day, the cable opened at 1.2921, went as low as 1.2851 and as high as 1.2934 but ended up closing at 1.2929, just a few pips above its opening price. The previous day's daily candle is a perfect bullish pin bar closing above a key short term resistance lev | Wave Analysis: Few weeks ago, after breaking below 110.72, the Us Dollar rallied even lower, but has currently retraced back to the same level. We expect a possible rebound from this level to sell the US Dollar with an ideal target at 102.88. This view will only be rendered futile in case the price |
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