17 - 21 April |
weekly
forecast 17 - 21
April Silver Review XAGUSD is currently bearish. The market is in a corrective phase (ABC corrective pattern).On the chart above, the market has developed an ascending channel, which is a bearish reversal pattern, stretching from 22.354 to its current position at 25.294. The price is anticipated to ex | ||
2023 | EURUSD | GBPUSD | USDJPY |
21 April | EURUSD is currently in a corrective phase with an ABC corrective pattern. As shown in the chart above, the price has formed an ascending channel from the major impulsive wave (I) at 1.0934 to the end of the major impulsive wave (V) at 1.1076, indicating a bearish reversal. Again, this pair has form | GBPUSD has been consolidating for the last few days. Currently, this pair is in a corrective phase (the ABC corrective pattern). The market has formed an ascending channel from the major impulsive wave (I) at 1.2197 to the end of the impulsive wave (V) at 1.2546, which signals a bearish reversal pa | USDJPY is currently very bearish. The market is currently in a corrective phase (ABC corrective pattern) and as we can see on the chart above the outer major wave, appears to be forming a (V) major wave pattern that originates from major outer IV at 130.74. This indicates that the corrective phase |
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17 April |