Wave analysis of EURUSD, GBPUSD, USDJPY for 06.08.2020
Forecast for EUR/USD for 06.15.2020
Forecast for EUR/USD for 08.06.2020 The construction of an upward impulse wave continues, where, after the completion of two small sub-waves 1 and 2, a powerful five-wave impulse 3 began to form. It consists of sub-waves [1]-[2]-[3]-[4]-[5]. Corrective wave [4] is an inclined triangle, as its forming lines are directed upwards, like the main trend. An impulse wave is currently developing [5]. In the near fut...
Wave analysis of EURUSD, GBPUSD, USDJPY for 07.08.2020
Forecast for EUR/USD for 07.08.2020
The building of the upward impulse wave 3. After the completion of the correction wave [4], which is an inclined triangle, we saw an increase in the final impulse wave [5]. It is marked with subwaves (1)-(2)-(3)-(4)-(5). Currently, the initial part of the upward impulse is being built (5). Most likely, the price growth will continue to the level of 1.2360. In the current situation, it is recommended to consid...
Horizontal volume analysis for 07.08.2020
Forecast for EUR/USD for 08.07.2020. A pullback movement is developing on the chart today. The most likely target is level 1.1810, from which the upward movement can be expected to resume. The target is level 1.1890. Here you can already consider the medium-term selling of the instrument since there is a fairly strong medium-term reversal signal on the chart.
Trading solutions: buy 1.1810 take profit 1.1890
Forecast for GBP/USD for 07.08.202...
