2019 | EURUSD | GBPUSD | USDJPY |
01 March | Wave Analysis Todays the first day of the month, EURUSD successfuly closed above the monthly support level 1.12471. We expect this bounce to have marked an end to the corrective wave (b), that any clear signal to the upperside will act as an onset to a the impulsive wave (c) towards the uppertrend | Wave Analysis The previous month's candle closed below a key level 1.3338 but is above 1.31820. According to the weekly chart attached, as long as the price remains above 1.31820, we expect a possible surge to the upperside. The anticipated bullish price rally is the continuation of the impulsive w | Wave Analysis Perfectly as previously forecasted, the first impulsive wave (i) rallied to the upperside and is still pretty much bullish. Buyers are in complete control in this market, but instead of going long just now, wait for a possible retracement towards 110.639 to buy the next impulsive wav |
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