The pair may grow. On the 4-hour chart, the downward correction of the higher level develops as a wave (2), within which the wave C of (2) is forming. Now the upward correction is developing as a second wave ii of C, within which the wave (b) of ii has formed, and the development of the wave (c) of iii has begun. If the assumption is correct, the pair will grow...
The pair may decrease. On the 4-hour chart, the downward correction of the higher level develops as a wave (2). Now the first wave of the lower level i of C of (2) is developing, within which the wave (iv) of i has ended. If the assumption is correct, the pair will fall to the levels of 0.9859–0.9724. In this scenario, critical stop loss level is 1.0017. Main...
The pair may grow. On the 4-hour chart, the upward correction develops as a wave 2 of (5). Now wave a of 2 is developing, within which the waves (i) and (ii) of a have formed. If the assumption is correct, the pair will grow to the levels of 0.7450–0.7587. In this scenario, critical stop loss level is 0.7197. Main scenario Long positions will become relevant...
Current trend Yesterday the pair strengthened by 65 points after the speech of Fed Chairman Jerome Powell. In general, the speech was neutral. USD was under pressure due to the mentioned necessity of balancing the current monetary policy in order to avoid "overheating" of the economy. Nevertheless, the Fed chief continues to insist on a gradual increase in the...
Current trend The AUD/USD pair grew by more than 80 points due to statements on monetary policy by Fed governor Jerome Powell. The Chairman said that at the moment the level of interest rates is "slightly below" the neutral level, which was perceived by investors as a signal of a possible slowdown in the rate of interest rates and caused an active sale of the US...
The pair can decrease. On the daily chart, the downward correction of the higher level develops as a wave 2, taking a flat shape. Now the wave b of 2 has formed, and the formation of the wave c of 2 is beginning. If the assumption is correct, the pair will fall to the level of 1.2887. In this scenario, critical stop loss level is 1.3388. Main scenario Short...
Current trend Yesterday, the USD/JPY pair rose amid comments of Fed’s representative Richard Clarida, who supported the gradual rate increase. USD growth was prevented by a slowing of Housing Price Index increase: it increased by 0.2% against the forecast of 0.4%. Due to a lack of significant releases, the movement of the yen is technical, exposed to ambiguous...
The pair may fall. On the 4-hour chart, the downward correction of the higher level develops as a wave 2. Now the wave C of 2 is developing, within which the fifth wave of the lower level v of C is forming. If the assumption is correct, the pair will fall to the level of 1.2600. In this scenario, critical stop loss level is 1.2925. Main scenario Short positions...
The pair may grow. On the 4-hour chart, the downward correction of the higher level develops as a wave (2), within which the wave C of (2) forms. Now the first wave of the lower level i of C has formed, and the upward correction is developing as a second wave ii of C, within which the wave (b) of ii is ending. If the assumption is correct, after the end of the...
Current trend Today, the pair demonstrates a positive trend against the background of a reduction in the trade deficit of New Zealand in October to –1.295 billion dollars, against the previous value of –1.596 billion. In annual terms, the trade deficit increased to –5.79 billion. American investors are focused on preparations for the meeting of US President...
The pair may decrease. On the 4-hour chart, the downward correction of the higher level is developing as a wave (2). Now the formation of the wave C of (2) has begun, within which the first wave of the lower level i of C is developing as a momentum. If the assumption is correct, the pair will fall to the levels of 0.9859–0.9724. In this scenario, critical stop...
The pair may grow. On the daily chart, the downward momentum developed as a first wave of the higher level 1 of (5). Now the upward correction is developing as a wave 2 of (5), within which the wave a of 2 is developing. If the assumption is correct, the pair will grow to the levels of 0.7450–0.7587. In this scenario, critical stop loss level is 0.7164. Main...
The pair may fall. On the daily chart, the downward correction of the higher level develops as a wave 2, taking a flat shape. Now the formation of the wave c of 2 is beginning, within which a small entry momentum i of (i) of c has formed. If the assumption is correct, the pair will fall to the level of 1.2887. In this scenario, critical stop loss level is...
The pair can fall. On the 4-hour chart, the local correction of the higher level develops as a wave 2 of (C). Now the wave c of 2 is forming, within which the wave of the lower level (i) of c has formed, and the correction (ii) of c is ending. If the assumption is correct, after the end of the correction the pair will decrease to the level of 111.35. In this...
The pair may grow. On the 4-hour chart, the correction of the higher level develops as a wave B of 2, taking a flat shape. Now the wave c of B is developing, within which the formation of the wave (iii) of c has begun. If the assumption is correct, the pair will grow to the level of 1.3305. In this scenario, critical stop loss level is 1.2724. Main...
The pair may grow. On the 4-hour chart, the downward correction of the higher level develops as a wave (2), within which the wave C of (2) forms. Now the first wave of the lower level i of C has formed, and the upward correction is forming as a second wave ii of C, within which the wave (b) of ii is forming. If the assumption is correct, after the end of the...
The pair may decrease. On the 4-hour chart, the downward correction of the higher level develops as a wave (2). Now the formation of the wave C of (2) has begun, within which the first wave of the lower level i of C is developing as a momentum. If the assumption is correct, the pair will fall to the levels of 0.9859–0.9724. In this scenario, critical stop loss...
The pair may grow. On the 4-hour chart, the downward momentum developed as a first wave of the higher level 1 of (5). Now the upward correction is developing as a wave 2 of (5), within which the wave a of 2 is developing. If the assumption is correct, the pair will grow to the levels of 0.7450–0.7587. In this scenario, critical stop loss level is 0.7164. Main...