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Pressure on the resistance zone is expected in the next couple of days. Then, a reversal and a resumption of the bearish trend can be anticipated. When the direction changes.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 22nd
In the coming days, a general sideways movement of the euro is expected. After a likely rebound from the resistance zone, a reversal and resumption of the pair's downtrend.
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
In the next few days, pressure on the pound/dollar price towards the support zone is expected. Then, a reversal and resumption of the upward direction can be anticipated. Upon changing.
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 15th
During the upcoming week, price fluctuations of the euro are expected to transition predominantly into a sideways movement. In the first half, a gradual upward retracement towards the upper boundary.
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and the US dollar index
In the first half of the upcoming week, the British pound market is expected to continue its sideways movement along the calculated resistance levels. Closer to the weekend, a reversal.
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and the US dollar index
In the coming days, the completion of the flat mood in the movement of the British pound is expected. In the latter half of the week, a reversal formation.
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, and Gold
In the upcoming week, we can expect the completion of the downward trend of the euro, possibly reaching the calculated support levels. A reversal formation is anticipated in the second.
Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index from March 27th
In the coming days, a flat movement bias with an ascending vector is expected for the British pound. Around the calculated resistance zone, a halt and conditions for a reversal.
Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold from March 27th
EUR/USD Analysis: Quotes of the main euro pair continue the downward trend that began in July of last year. Since the end of December, the price has been forming.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and US dollar index on March 11th
GBP/USD Analysis: On the chart of the British pound major, a descending wave has been forming since July of the previous year. The analysis of the wave structure indicates.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on March 11th
During the upcoming week, the euro's price is expected to move within a sideways corridor between the nearest support and resistance zones. In the first few days, an upward vector.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on March 4th
GBP/USD Analysis: The unfinished wave construction of the major British pound chart can be considered a horizontal descending plane since July 14 of the previous year. On the instrument's chart.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on March 4th
In the first half of the upcoming week, a weak upward vector can be expected, with the euro price rising to the lower resistance boundary. Subsequently, a reversal and decline.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and US dollar index on February 26th
At the beginning of the upcoming week, one can expect the continuation of the overall bullish sentiment of the British currency, with a price increase towards the resistance zone. Subsequently.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on February 26th
On the upcoming week, a gradual movement of the euro price towards the calculated resistance area is expected. In the first few days, a temporary decrease to the support zone.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on February 19th
At the beginning of the upcoming week, one can expect renewed pressure on the support zone and the British pound transitioning into a sideways drift. Subsequently, a reversal formation.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on February 19th
At the beginning of the week, there is a high probability of the euro's overall sideways movements continuation. Pressure on the support zone is possible, with a brief breach.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US dollar index on February 12th
At the beginning of this week, a decrease in the price of the British pound to the support zone is probable. In the second half of the week, a reversal.
Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on February 12th
In the upcoming week, the euro quotes are expected to continue the overall sideways movement. In the next couple of days, pressure on the support zone is likely. Subsequently.
Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US dollar index on February 5th
In the next couple of days, the British pound is expected to continue its overall sideways movement. In the support zone, conditions for a reversal are likely to form.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.