| 14 - 18 August |
weekly
forecast 14 - 18
August Gold Weekly Review Wave Analysis Last week, Gold markets rose upwards and even broke above the weekly resistance level 1269. We expect this upward thrush to be the continuation of the impulsive wave (c) to the upper side but should not break above the monthly resistance level 1396. If this re | ||
| 2017 | EURUSD | GBPUSD | USDJPY |
| 18 August | Wave Analysis: Since May 24th of this year, euro gaped above the resistance zone 1.08649, euro has been in a consntant up trend rising with over 1000pips. During this uptrend, there has not been a proper retracement, infact, for every slight bearish retarcement has been countered with aa bullish en | Wave Analysis Since the beginning of this week, the impulsive wave (c) extended lower perfectly as we expected but is currently consolidating within a tight range 1.2892-1.2864. We're waiting for a clear break out of the wedge to pick a good position; although a break on either sides have equal cha | Wave Analysis During Wednesday and Thursday this week, the Us Dollar lost almost 75% the value it gained earlier in this week. This is due to the resistance zone established around 110.69-110.96 earlier this week. We expect the downward rally that began two days ago to be the continuation of the im |
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