The pair can grow. On the 4-hour chart, the downward correction of the higher level developed as a wave (2), and the development of the third wave (3) begun. Now the first wave of the lower level i of 1 of (3) is forming, within which the wave (iii) of I is developing. If the assumption is correct, the pair will grow to the levels of 1.3474–1.3615. In this...
The pair can grow. On the 4-hour chart, the upward correction develops as a wave B of (2). Now the wave c of B is forming, within which the wave (iii) of c of the lower level is developing. If the assumption is correct, the pair will grow to the levels of 1.1850–1.1940. In this scenario, critical stop loss level is 1.1650. Main scenario Long positions will...
The price can grow. On the 4-hour chart, the downward correction of the higher level develops as a wave 2. Now the wave a of 2 has formed, and the development of the wave b of 2 has begun. If the assumption is correct, the pair will grow to the levels of 0.9762–0.9864. In this scenario, critical stop loss level is 0.9599. Main scenario Long positions will...
The pair can fall. On the 4-hour chart, the third wave of the higher level iii of 1 of (5) develops. Now the fifth wave of the lower level (v) of iii is forming, within which the upward correction is ending as a wave iv of (v). If the assumption is correct, after the end of the correction the pair will fall to the level of 0.7000. In this scenario, critical stop...
Current trend Over the past three months, the silver price has rapidly declined by 20% from the level of 17.20 to the levels of 14.00, 13.90. The main catalyst for the weakening of all precious metals remains a significant growth of USD and a tense situation in the raw materials market against the backdrop of the latest US sanctions. From the middle of the last...
The pair can fall. On the 4-hour chart, the downward correction develops as a wave 2. Now the formation of the wave c of 2 has begun, within which the development of the first wave of the lower level (i) of c is ending. If the assumption is correct, after the correction (ii) of c the pair will fall to the levels of 1.2820–1.2740. In this scenario, critical stop...
The pair can grow. On the 4-hour chart, the correction of the higher level formed as a wave 2 of (C), and the development of the third wave 3 of C began. Now the first wave of the lower level i of 3 is forming, within which the wave (iii) of i is developing. If the assumption is correct, the pair will grow to the levels of 113.22–113.80. In this scenario,...
Current trend On Monday, the Canadian dollar strengthened against the US one amid the general weakness of the latter, caused by US-China trade tensions. USD is pressured by the development of the trade conflict. According to The Wall Street Journal, the PRC government may refuse to participate in trade negotiations with the US scheduled for September 27–28 if...
The pair can grow. On the 4-hour chart, the downward correction of the higher level developed as a wave (2). Now the development of the third wave (3) has begun, within which the first wave of the lower level i of 1 of (3) is forming. If the assumption is correct, the pair will grow to the levels of 1.3474–1.3615. In this scenario, critical stop loss level is...
The pair can grow. On the 4-hour chart, the downward momentum of the higher level A of (2) formed, and the development of the upward correction as a wave B of (2) begun. Now the wave b of B has formed, and the development of the wave c of B has begun, within which the wave (i) of c of the lower level is forming. If the assumption is correct, the pair will grow to...
Current trend The euro significantly strengthened against the dollar in the second half of August. At the end of last week, the pair managed to reach the key resistance level of 1.1730, stopped at it and headed down. On Monday, the instrument gained 40 points in several hours and is currently traded at 1.1650. Today's publications on the consumer price index...
The pair can fall. On the 4-hour chart, the downward correction of the higher level develops as a wave 2. Now the formation of the wave a of 2 is ending, within which the fifth wave of the lower level (v) of a of 2 is developing. If the assumption is correct, the pair will fall to the levels of 0.9600–0.9524. In this scenario, critical stop loss level is...
The pair can decrease. On the 4-hour chart, the third wave of the higher level iii of 1 of (5) develops. Now the fifth wave of the lower level (v) of iii is forming, within which the upward correction is developing as a wave iv of (v). If the assumption is correct, after the end of the correction the pair will fall to the level of 0.7000. In this scenario,...
Current trend The pair is growing amid weakening of the US currency, caused by the release of unsatisfactory macroeconomic statistics in the US. The decline in the level of consumer inflation had a negative effect on the US dollar rate. The growth of Consumer Price Index Ex Food & Energy slowed down in August, amounting to 2.2%, with a forecast of 2.4% YoY, and...
The pair can decrease. On the 4-hour chart, the downward correction develops as a wave 2. Now the development of the wave b of 2 has ended, which has reached the correctional level 62%, and the formation of the wave c of 2 has begun, within which the wave (i) of c is developing. If the assumption is correct, the pair will fall to the levels of 1.2820–1.2740. In...
The pair can grow. On the 4-hour chart, the correction of the higher level formed as a wave 2 of (C), and the development of the third wave 3 of C begun. Now the first wave of the lower level i of 3 is forming, within which the wave (iii) of I is developing. If the assumption is correct, the pair will grow to the levels of 113.22–115.00. In this scenario,...
Current trend On Wednesday, the pair lost about 90 points. The US dollar fell amid a slowdown in the growth in the Producer Price Index ex Food & Energy: the indicator showed an increase of 2.3%YoY (against the forecast of 2.7%). Investors continue to monitor the negotiations between the United States and Canada on the trade agreement, but it may take a long...
The pair can decrease. On the 4-hour chart, the downward correction of the higher level develops as a wave (2). Now the wave C of (2) is forming, within which the development of the upward correction of the lower level as a fourth wave iv of C is ending. If the assumption is correct, the pair will fall to the levels of 1.2660–1.2580. In this scenario, critical...