TAG: Wave analysis

Analysis of GBP/USD. April 2nd. The dollar awaits the JOLTS report

The wave analysis for the GBP/USD pair remains quite complex. For several months now, we have been observing movements between the Fibonacci levels of 50.0% and 23.6%. Horizontal movement is not the best for wave analysis. As I have already noted, the wav...

6 months ago

Analysis of EUR/USD. April 2nd. ISM index allowed the market to move in the right direction

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we observe the construction of the presumed wave 3 in 3 or c of the downtrend segment. If this is indeed the case, the decline in quotes will continue for a very...

6 months ago

Analysis of GBP/USD. April 5th. The dollar received meager support from strong payrolls

The wave analysis for the GBP/USD pair remains quite complex. For several months in a row, we have observed movements between Fibonacci levels of 50.0% and 23.6%. Horizontal movement is not the best for wave analysis. As I have already noted, the wave pat...

6 months ago

Analysis of EUR/USD. April 5th. There is still no positive news from the E

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we are observing the construction of the assumed wave 3 in 3 or c of the downward trend section. If this is indeed the case, then the decline in quotes will conti...

6 months ago

Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and the US dollar index

GBP/USDAnalysis:Since July last year, the main direction of price movement in the GBP/USD pair has been determined by a descending wave algorithm. Its structure is developing as a corrective type, resembling a "pennant." The unfinished section started cou...

6 months ago

Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold

EUR/USDAnalysis:On the chart of the European currency, the direction of price fluctuations since September of last year sets a descending wave algorithm. The wave structure forms a horizontal corrective plane. Extremes on the chart create a "pennant" patt...

6 months ago

EUR/USD. Analysis for April 8th. The euro will continue to decline

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we observe the construction of the presumed wave 3 in 3 or c of the downtrend section. If this is indeed the case, the decline in quotes will continue for a very...

6 months ago

GBP/USD. Analysis for April 8th. The pound remains expensive despite everything

The wave analysis for the GBP/USD pair remains quite complex. For several months now, we have been observing movements between the Fibonacci levels of 50.0% and 23.6%. Horizontal movement is not the best for wave analysis. As I have already noted, the wav...

6 months ago

GBP/USD. Analysis for April 12th. A significant event: the pound fell below the 25-figure

The wave analysis for the GBP/USD pair remains quite complex. For several months now, we have observed movements between Fibonacci levels of 50.0% and 23.6%. Horizontal movement is not the best for wave analysis. As I have already noted, the wave pattern...

6 months ago

EUR/USD. Analysis for April 12th. The euro falls down under the pressure of the news background

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. At the moment, we observe the formation of the presumed wave 3 in 3 or c of the downtrend. If this is indeed the case, the decline in quotes will continue for a very long time,...

6 months ago

Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 15th

EUR/USDAnalysis:The daily chart scale of the major pair of the euro since last July demonstrates a downward trend. By now, the quotes have reached the boundary of a strong potential reversal zone. The structure of the wave during the last three months is...

6 months ago

Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index on April 15th

GBP/USDAnalysis:On a large scale, a bearish trend has been forming in the price chart of the pound since July last year. In the wave structure, the entire month has seen the development of the final part (C). Quotes have reached the upper boundary of the...

6 months ago

Analysis for EUR/USD on April 15th. Monday - a tough day for the euro

The wave analysis of the 4-hour chart for the EUR/USD pair remains unchanged. We are currently observing the construction of the presumed wave 3 in 3 or c the downward trend section. If this is the case, the decline in quotes will continue for quite some...

6 months ago

Analysis of GBP/USD. April 15th. Retail sales in the USA allow the dollar to continue rising

The wave analysis for the GBP/USD pair remains quite complex, but it may become simpler in the coming weeks. A successful attempt to break through the Fibonacci level of 50.0% indicates the market's readiness to build a downward wave 3 or C. If this wave...

6 months ago