11 - 15 December |
weekly
forecast 11 - 15
December Ford Motor's Weekly Review Wave Analysis: For the past few weeks, the impulsive wave (3) stretched massively upwards and even went above the resistance zone 12.41-12.37 and is still pretty much above this zone. Last week we say a slight correction of this impulsive wave (3) but got contained abo | ||
2017 | EURUSD | GBPUSD | USDJPY |
15 December | Wave Analysis: As previously anticipated, the impulsive wave (c) stretched slightly to the lower side and is still pretty much bearish both on the daily and the weekly charts. During this intraday, we expect a possible extension of the impulsive wave (c) to the lower side but should not go beyond t | Wave Analysis: During the previous trading day, we saw a slight extension of the impulsive wave (1) to the upper side but still below 1.3481. This pair has been making higher lows for almost a year now, and chances of rising higher are highly anticipated. With that is mind, today, we expect a possi | Wave Analysis: After the previous five wave cycle failing to break above 113.75, the US Dollar corrected itself downwards but is currently rallying around a key approaching a key support level 111.99. As long as this level is not violated to the lower side, we expect it to act as a key demand zone. |
14 December | |||
13 December | |||
12 December | |||
11 December |