| 19 - 23 December |
weekly
forecast 19 - 23
December SPX500 Weekly Review Wave Analysis During the previous week, the SPX500 bounced off from the upper trendline, headed straight to the lowerside and is still showing signs of continuing much lower. On this chart, we are looking at nothing but a possible momentum to the lowerside. The | ||
| 2022 | EURUSD | GBPUSD | USDJPY |
| 23 December | Wave Analysis: Euro continues to rally within a range not going above 1.06878 or below 1.05937. These are good levels and while the price remains within any of these lines, we are waiting for a rebound from 1.05937 to pick a buy position or a rebound from 1.06879 to pick a sell position. In the fli | Wave Analysis: Yesterday, the British pound rallied to the lowerside, but is currently pulling back to the upperside. As it is right now, we are looking at nothing but a possible rally towards 1.21260. As it is right now, we expect a possible pullback towards 1.21270 and may likely break and close | Wave Analysis: The US Dollar continues to pullback to the upperside but is still below the level 133.736. This is a good level and while the price does not break and close above it, we are waiting for a rebound from it to pick a sell position with an ideal target set at 130.941 and may break and cl |
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