| 29 May - 02 June |
weekly
forecast 29 May - 02
June Silver Weekly Review XAGUSD is currently in the process of forming the impulsive (V) wave pattern.Although the current price trend is bearish, we anticipate it to be a short-term movement, considering it as a corrective minor wave (IV). Furthermore, we observe the formation of an ascending channe | ||
| 2023 | EURUSD | GBPUSD | USDJPY |
| 02 June | EURUSD is still undergoing a corrective phase, following the ABC corrective pattern. The market is currently at the minor wave "a" level of 1.0767, which also coincides with a significant zone of resistance. I anticipate that the market will form a double-top pattern at this zone, followed by a cor | GBPUSD is displaying strong bullish momentum and is moving in line with our prediction from yesterday's analysis (6/1/2023). The market remains in a corrective phase, following the ABC corrective pattern. Currently, the market is forming the minor wave "c", with our target set at 1.2562. I anticipa | USDJPY has exhibited a strong bearish trend over the past few days. At present, the market is undergoing a corrective phase, following the ABC corrective pattern. Both the minor wave "A" and minor wave "B" have already formed, and the market is currently in the process of forming the minor correcti |
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