Pound/yen is moving within wave 5 of the long term downtrend – colored royal blue in the chart. The strategic targets of the downside movement are Fibonacci expansions off 135.03-130.78-132.93 (waves 1-2), 132.93-127.33-129.21 (waves 3-4), and 129.21-127.07-127.86...
This currency pair is moving within the flat limited by 0.9662 and 0.9889. The breakout of the flat will show the direction of the med term trend. According to wave count the long term wave 0.8772-1.0002 is...
On 4-hour graph the USD/CAD currency pair continued the upside movement successfully breaking through the resistance level at 1.0190.
This currency pair is still developing daily wave C – colored royal blue in the chart. Within this wave there’s wave C that is still developing – colored magenta in the chart. Within the latter wave C...
The USD/SEK currency pair turns back slightly after refreshment of a new annual minimum. The view on the currency pair remains bearish, as the USD/SEK continues trading in a downward trend.
The GBP/JPY rolls back after it declined to 129.00. Neverthless, it is expected that the currency pair will move down to the support level of 128.00 soon.
The AUD/USD pair is now trading in the flat limited by 0.9708-0.9909. The breakout of the flat will show the direction of the future med term frend. According to wave count on larger timeframes this pair is...
Pound/yen is still developing wave C of the daily downtrend – colored royal blue in the chart. The strategic targets of wave C are Fibonacci expansions off waves A-B – 135.03-130.78-132.93. Minor targets are Fibonacci expansions off...
On 4-hour graph the AUD/USD has successfully broken through the resistance level of 0.9850 reaching the new historical maximum at 0.9917 moving down slightly afterwards. Nevertheless, the analysts of large banks recommend buying the Australian dollar in...
According to wave count this currency pair is developing corrective wave to the upmove 0.9462-0.9749. In caset 0.9749 is broken to the upside we’ll have wave C of the same degree developing (daily – colored royal blue)....
