14 - 18 December |
weekly
forecast 14 - 18
December Gold weekly Review: Weekly Review: Since 25th August 2013, Gold has been trading within the downward channel, not going above the red diagonal resistive line and below the green diagonal supportive line. However, during the previous week 4 December 2015, Gold tested the lower green | ||
2015 | EURUSD | GBPUSD | USDJPY |
18 December | Wave Analysis: EUR/USD is currently trading with a bullish bias. The pair went short as previously forecasted end even hit our target 1.0808. Following the massive downward movements witnessed during the previous intradays, we are very reluctant to hold on to long positions. We are waiting for a | Wave Analysis: GBP/USD is currently trading with a slight bullish bias. Wave (5) traded perfectly short as previously forecasted but could not reach our target of the green supportive trend line. We are waiting for the current upward pullback to close along 1.4928 before we continue short with t | Wave Analysis: USD/JPY is currently trading with a bullish bias. The pair went long as previously forecasted and even ended up trading with the zone 122.24 and 123.65. Following this upward movements, we are very reluctant to go short, we will remain long with our target at 123.65. Also, We will l |
17 December | |||
16 December | |||
15 December | |||
14 December |