Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on July 1

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Wave analysis



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Wave analysis


Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on July 1


EUR/USD
Analysis:
Since July last year, the direction




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EUR/USD
Analysis:
Since July last year, the direction of euro price fluctuations has been set by a downward wave algorithm. Lines drawn through the extremums on the chart show a "horizontal pennant" figure, which has not yet been completed. The upward segment from April 16 has no reversal potential and remains within the current wave model.
Forecast:
The euro currency price is expected to continue its flat, sideways movement in the coming days. There is a high chance of a halt and the formation




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Pentru mai multe detalii, va invitam sa vizitati stirea originala.