USD/JPY remains likely to grow. Estimated pivot point is at a level of 106.77. Main scenario: consider long positions from corrections above the level of 106.77 with a target of 109.51 – 111.80. Alternative scenario: breakout and consolidation below the level of 106.77 will allow the pair to continue declining to the levels of 105.99 […]
Blogs
GBP/USD: Elliott wave analysis and forecast for 29/05/2020 – 05/06/2020
The pair GBP/USD remains likely to grow. Estimated pivot point is at a level of 1.2158. Main scenario: consider long positions from corrections above the level of 1.2158 with a target of 1.2477 – 1.2639. Alternative scenario: breakout and consolidation below the level of 1.2158 will allow the pair to continue declining to the levels […]
USD/CHF: Elliott wave analysis and forecast for 29/05/2020 – 05/06/2020
USD/CHF remains likely to fall. Estimated pivot point is at a level of 0.9782. Main scenario: consider short positions from corrections below the level of 0.9782 with a target of 0.9454 – 0.9238. Alternative scenario: breakout and consolidation above the level of 0.9782 will allow the pair to continue rising to the levels of 1.0024 […]
USD/CAD:Elliott wave analysis and forecast for 29/05/2020 – 05/06/2020
USD/CAD remains likely to fall. Estimated pivot point is at a level of 1.4050. Main scenario: consider short positions from corrections below the level of 1.4050 with a target of 1.3598 – 1.3444. Alternative scenario: breakout and consolidation above the level of 1.4050 will allow the pair to continue rising to the levels of 1.4351 […]
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