2024 | EURUSD | GBPUSD | USDJPY |
25 Tháng Mười | The price is attempting to rise again. It’s understandable, given that the pressure exerted by sellers has stretched out, and every tolerance threshold is reaching its limit. Now, there is a good opportunity for buyers to respond to sellers, and this could mark the beginning of a corrective uptren | Previously discussed scenario involved the development of the wave b in a bearish zigzag pattern, which might take the form of a horizontal triangle. The price managed to bounce off the lower boundary and shows signs of growth. If this scenario plays out, today's movement could indicate the beginn | The expectation that the price will continue falling due to the ongoing correction in the form of the double zigzag is now doubtful. The recent rally indicates that the bearish pressure is easing, and the price has not reached the target level of 91.4% according to the Fibonnacci Retracement. Thus |
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