The pair can grow. On the daily chart, the first wave of the higher level 1 of (5) is developing. Now the fifth wave of the lower level v of 1 is forming, within which the wave (iii) of v is developing. If the assumption is correct, the pair will grow to the levels of 1.3150–1.3300. The level of 1.2847 is critical and stop-loss for this scenario. Main...
The pair can fall. On the 4-hour chart, the downward correction of the higher level is developing as a wave 2 of (C). Now the wave b of 2 has formed, and the development of the wave c of 2, within which the entering wave of the lower level (i) of c has formed, begins. If the assumption is correct, the price will fall to the levels of 108.00–107.20. The level of...
Current trend USD declined significantly against CHF on Thursday, noting a new local minimum since April 25. Development of the "bearish" trend is facilitated by the widespread weakening of USD against its main competitors against the backdrop of the publication of mixed macroeconomic statistics from the US. On Thursday, investors were disappointed with data on...
The pair can grow. On the 4-hour chart, the downward correction of the higher level is developing as a wave (2). Locally the wave and of (2) has formed, and the upward correction of the lower level is developing as a wave B of (2), within which the wave a of B has formed. If the assumption is correct, after the end of the wave b of B the pair will grow to the...
The pair can grow. On the 4-hour chart, the downward momentum of the higher level is forming as a wave A of (2). Now the correctional growth of the pair as a fourth wave iv of A is developing, within which the wave (a) of iv is forming. If the assumption is correct, the pair will grow to the level of 1.1994. The level of 1.1650 is critical and stop-loss for this...
The price can fall. On the 4-hour chart, the upward momentum is developing as a first wave of the higher level 1 of (3). Now the local correction is developing as a fourth wave iv of 1, within which the wave (c) of iv is forming. If the assumption is correct, the pair will fall to the levels of 0.9819–0.9744. The level of 0.9886 is critical and stop-loss for this...
The price can fall. On the 4-hour chart, the downward trend is forming as a first wave 1 of (5) of the higher level. Now the development of the local correction as a fourth wave iv of has ended. If the assumption is correct, the pair will fall to the levels of 0.7477–0.7413. The level of 0.7677 is critical and stop-loss for this scenario. Main scenario Short...
Current trend USD slightly consolidates against CHF. A negative factor for the US currency may be a further rise in duties due to the trade war between the US and the EU. The G7 summit will be held in Canada soon and there is a possibility that the participating states will act as a united front against US trade duties. Also, new WTO legal norms could be...
The pair can grow. On the 4-hour chart, the first wave of the higher level 1 of (5) is developing. Now the fifth wave of the lower level v of 1 is forming, within which the wave (iii) of v is developing. If the assumption is correct, the pair will grow to the levels of 1.3126–1.3300. The level of 1.2815 is critical and stop-loss for this scenario. Main...
The pair can grow. On the 4-hour chart, the upward trend is developing within the wave (C) of the higher level. Now the development of the third wave 3 of (C) has begun, within which the entering momentum of the lower level has formed as a wave (i) of i of 3. If the assumption is correct, the price will grow to the level of 111.40. The level of 108.35 is critical...
Current trend USD was trading in a downward direction against CHF on Monday. However, by the end of the session, the instrument managed to win back the majority of its losses, and today USD is growing. A situation around the US-China trade relations which may worsen after the meeting of the G7 leaders this week, puts pressure on USD. The PRC adds more negative...
The pair can grow. On the 4-hour chart, the downward correction of the higher level is developing as a wave (2). Locally the wave and of (2) has formed, and the upward correction of the lower level is developing as a wave B of (2), within which the wave a of B is forming. If the assumption is correct, the pair will grow to the levels of 1.3472–1.3645. The level...
The pair can grow. On the 4-hour chart, the downward momentum of the higher level is forming as a wave A of (2). Now the correctional growth of the pair is developing as a fourth wave iv of A, within which the wave (a) of iv is forming. If the assumption is correct, the pair will grow to the level of 1.1884. The level of 1.1516 is critical and stop loss for this...
NZD/USD, D1 On the daily chart, the instrument is growing towards the upper border of Bollinger bands, the price range is narrowing. MACD histogram is in the negative area; its volumes are decreasing, keeping the signal for opening short positions. Stochastic is on the border with the overbought area and is directed upwards. After crossing the border, a sell...
The price can fall. On the 4-hour chart, the upward momentum is developing as a first wave of the higher level 1 of (3). Now the local correction is developing as a fourth wave iv of 1, within which the wave (c) of iv is forming. If the assumption is correct, the pair will fall to the levels of 0.9819–0.9744. The level of 0.9914 is critical and stop-loss for this...
The price can grow. On the 4-hour chart, the downward trend is forming as a first wave 1 of (5) of the higher level. Now the local correction is developing as a fourth wave iv of (5), within which the wave (c) of iv is forming. If the assumption is correct, in the short term the pair will grow to the level of 0.7661. Main scenario Long positions will become...
Current trend NZD grew against USD on Thursday, updating the local maximum of May 8. However, NZD failed to stay on the occupied positions, and by the time of the close of the afternoon session, it had lost almost all its advantage. Optimistic macroeconomic statistics from the US, which were much better than expectations, contributed to the correctional...
The pair can grow. On the 4-hour chart, the first wave of the higher level 1 of (5) is developing. Now the fifth wave of the lower level v of 1 is forming, within which the wave (iii) of v is developing. If the assumption is correct, the pair will grow to the levels of 1.3126–1.3300. The level of 1.2815 is critical and stop-loss for this scenario. Main...