| 27 - 31 March |
weekly
forecast 27 - 31
March Gold weekly review Wave Analysis: Ealier the previous trading week, Gold markets traded a bit higher and even broke above a key level 1232.69. This level acted as a key retracement level during the previous downtrend, on 16th November 2016, Now that the price is above this level, we | ||
| 2017 | EURUSD | GBPUSD | USDJPY |
| 31 March | Wave Analysis: Yesterday, Euro broke below the support line 1.0738; with a perfect bearish pin bar, headed short but is yet to hit our target take profit at 1.06194. We went short following this breakout and is still holding onto this short position. As long as the pair remains below 1.0738, we exp | Wave Analysis: Yesterday, the cable rounded perfectly from the support line 1.2416, but is currently stalling around a pivotal level 1.2479. Unless there's a clear break above this level, we choose to hold onto a bearish bias sentiment on this pair. Ideally, we expect a possible rebound from 1.2479 | Wave Analysis: The Us Dollar continues to retrace on the higher ranges but is still within our retracement zone 116.69-112.59. Unless there's a clear breach above this zone, we expect a possible rebound within this zone to continue short with the impulsive wave (iii) but should not go beyond 109.00 |
| 30 March | |||
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| 27 March | |||
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