09 - 13 October |
weekly
forecast 09 - 13
October Gold weekly Review Wave Analysis: After extending to the lower side the impulsive wave (iii) could not go below 1260. Rather, this impulsive wave ended slightly above this level and is scurently, we expect this upward rally to be a mere unfolding of the corrective wave (iv) to the upper side | ||
2017 | EURUSD | GBPUSD | USDJPY |
13 October | Wave Analysis: Even after a sharp drop seen last trading day, euro failed to go below the support trend line. We expect this trend line to have marked the end of the corrective wave (4) that the current bullish price rally is the continuation of the impulsive wave (5) to the upper side but should n | Wave Analysis: The cable continues to rise as previously anticipated but is yet to hit our target. At the moment, the cable is slightly below a key weekly resistance level 1.33054, and as long as this level protects the upper side, a possible rebound from this level is expected, if this level (1.33 | Wave Analysis: Even after the end of the corrective three wave cycle around 112.142 the Us Dollar is still reluctant to continue upwards. Now that the price has gone back to the end of the impulsive wave (c), we're expecting a possible buy around this zone, as long as the price is above it, we're l |
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09 October |