| 01 - 05 May |
weekly
forecast 01 - 05
May Dow Weekly Review Trade Recommendations: For sometimes now, the Dow has been consolidating within a range and not showing any signs of continuing to the upperside. On this chart, I am looking at nothing but a possible momentum to the upperside. The anticipated bullish price rally is the co | ||
| 2023 | EURUSD | GBPUSD | USDJPY |
| 05 May | EURUSD is currently in a corrective phase, with an ABC corrective pattern and forming an expanding wedge pattern, which is a bearish continuation pattern. The chart indicates a downtrend, with higher lows and lower lows observed in the last few hours. The market is forming the minor wave 'C', and | GBPUSD is currently in a corrective phase, with the major corrective wave 'a' already formed. The chart indicates that the market has been consolidating for the last few hours, forming an expanding wedge pattern, which is a bullish continuation pattern. I expect the price to drop to the minor corre | USDJPY has been bearish since the beginning of this week, and it is currently in a corrective phase (ABC corrective pattern). The market has already formed the minor wave "a" at 133.49. I anticipate that the market will rise from this minor wave "a" where it is now up to 134.50, which is our minor |
| 04 May | |||
| 03 May | |||
| 01 May | |||
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