Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on July 8th

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Wave analysis



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Wave analysis


Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on July 8th


EUR/USDAnalysis:The analysis of the daily chart




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08.07.2024 11:59 AM






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08.07.2024 11:59 AM




EUR/USDAnalysis:The analysis of the daily chart of the main European currency pair shows the incompleteness of the latest wave structure from July 14 of last year. The final part (C) takes the form of a shifting plane. At the time of analysis, it lacks the final segment.Forecast:The overall upward trend of the euro's price movements is expected to continue in the upcoming week. A downward vector is more likely in the first few days, with a decline towards the support




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