30 January - 03 February |
weekly
forecast 30 January - 03
February Gold Weekly Review Wave Analysis: During the previous tradding day, gold rallied to the lowerside and is still showing signs of continuing to the lowerside. As it is right now, on this chart, we are looking at nothing but a possible momentum to the lowerside. The idea on this chart is to k | ||
2023 | EURUSD | GBPUSD | USDJPY |
03 February | EURUSD has completed forming the major 5 waves pattern and it's currently correcting to the downside in form of minor corrective 3 waves pattern. The market is currently at minor corrective wave a,1.08842. I expect this pair to reverse from this level 1.08842, up to around 1.09409 which we have we | GBPUSD has been on an uptrend for the better part of this week. The market is currently correcting to the downside in form of a corrective 3 waves pattern. Again this pair formed a reversal pattern (Ascending channel) from 1.21021 to 1.23635. The market broke out of the lower trendline of this cha | USDJPY is currently moving to the downside. The market formed a wedge from major wave I,131.524 to major wave V,130.562. The market broke out the lower trendline of this wedge impulsive up to 128.108, we have marked this point as our minor corrective wave a. I expect the market to reverse from 128. |
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31 January | |||
30 January |