23 - 27 October |
weekly
forecast 23 - 27
October Silver Weekly Review XAGUSD is currently in a very bearish state, and the price is undergoing a corrective phase. The price is presently at the minor wave 'a,' which is at 23.313; this level serves as a support zone. We anticipate the price will correctively rise to 23.515, which is our target f | ||
2023 | EURUSD | GBPUSD | USDJPY |
27 October | EURUSD is currently very bullish. We can note that this pair is still in a corrective phase (ABC corrective pattern). The price has broken below the support zone of 1.0562 and closed below it. However, please note that this does not change the overall bullish trend. We expect the price to drop fur | GBPUSD is still in a strong downtrend. The price has been consistently dropping, as evident from the chart above. Currently, the price is at a support zone of 1.2064. We anticipate the price to break below this zone and decline further to reach the support zone at 1.1995. This level is our target f | USDJPY is still in an impulsive phase. We can observe from the chart above that for the better part of yesterday, on '10/26/2023', the price trended to the upside without consolidating as it did before. The price is currently forming the outer major impulsive wave 'V,' and our target is the resist |
26 October | |||
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23 October |