The pair can fall. On the 4-hour chart, the downward correction of the higher level is developing as a wave (2). Locally the wave and of (2) is forming, within which the development of the fifth wave v of A is ending. If the assumption is correct, in the short term the pair will fall to the level of 1.3333. The level of 1.3493 is critical and stop-loss for this...
XAU/USD, D1 On D1 chart the instrument is trading in the lower part of Bollinger Bands. 1281.45 mark is a significant support. The indicator is directed downwards and the price range has widened which serves as a basis for the further decline of gold quotes. MACD histogram is in the negative zone keeping a strong sell signal. Stochastic has left the oversold zone...
The pair can grow. On the 4-hour chart, the upward momentum is developing as a first wave of the higher level 1 of (3). Now the third wave of the lower level iii of 1 is developing, within which the local correction (iv) of iii is ending. If the assumption is correct, the pair will grow to the levels of 1.0137–1.0190. The level of 0.9936 is critical and stop-loss...
The pair is in a correction. 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 third wave of the lower level iii of 1 has formed, and the local correction is developing as a wave iv of 1, taking the form of an irregular flat. If the assumption is correct, the pair will grow to the levels...
Current trend Last week, the pair was trading within the narrow channel around the strong psychological level of 1.0000. On Friday, the instrument lost around 50 points after the speeches of Fed’s officials Lael Brainard and Robert Kaplan. Today the pair is growing from the support level of 0.9960 and, it has restored the most part of the loss. At the end of the...
The pair can grow. On the 4-hour chart, the development of upward trend within the third wave of the higher level 3 continues. Now the third wave of the lower level iii of 3 is forming, within which the development of the local correction as a wave (ii) of iii has ended, and the formation of the wave (iii) of iii has begun. If the assumption is correct, the pair...
The trend is upward. On the 4-hour chart, the upward momentum is forming as a first wave 1 of (C) of the higher level. Now the third wave of the lower level iii of 1 is developing, within which the development of the wave (v) of iii continues. If the assumption is correct, the pair will grow to the level of 112.07. The level of 110.59 is critical and stop-loss...
The probability of the pair reducing remains. Within the H4 timeframe, the development of a downward correction of the higher level is presumably continuing as the wave (2). Locally, a wave A of (2) is being formed, within the framework of which there is a development of the fifth wave v of A. If the assumption is correct, the pair may continue to fall to the...
The pair is likely to continue growing in the framework of correction. Within the four-hour timeframe, the formation of the downward correction of higher level as the wave (2) is presumably continuing, within which the wave A of (2) develops. At the moment, apparently, the third wave of the lower level iii of A has formed. If the assumption is correct, it is...
Current trend NZD continues to decline against USD, demand for which is caused by rising interest rates and an increase in yields on 10-year treasury bonds. High oil prices increase inflationary pressures and the likelihood of a more aggressive change in monetary policy by the Fed. The fundamental economic indicators in the US are also growing: the industrial...
The pair may grow. Within the H4 timeframe, the uptrend is presumably continuing as the first wave of the higher level 1 of (3). At the moment, apparently, the third wave of lower level iii of 1 is developing, within the framework of which the local correction (iv) of iii was completed. If the assumption is right, the growth of the pair will continue to the...
The probability of the pair reducing remains. Within the H4 timeframe, the formation of a downtrend is presumably continuing as the first wave 1 of (5) of the higher level. At the moment, apparently, the third wave of lower level iii of 1 is developing, within the framework of which the local correction (ii) of iii was completed. If the assumption is correct, the...
The price can fall. On the daily chart, the wave (C) of the higher level is developing, within which the first wave 1 of (C) is forming. Now the third wave of the lower level iii of 1 is developing. If the assumption is correct, the price will fall to the levels of 1233.90–1203.08. The level of 1325.63 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 third wave of the higher level 3. Now the third wave of the lower level iii of 3 is forming, within which the development of the local correction as a wave (ii) of iii, which has taken a shape of an irregular flat, has ended, and the formation of the wave (iii) of iii has begun. If...
The trend is upward. On the 4-hour chart, the upward momentum is forming as a first wave 1 of (C) of the higher level. Now the third wave of the lower level iii of 1 is developing, within which the wave (v) of iii is developing. If the assumption is correct, the pair will grow to the levels of 110.82–112.07. The level of 109.13 is critical and stop-loss for this...
Current trend Prices for silver fell noticeably on Monday, continuing the development of the "bearish" trend of the end of last week. In the absence of significant macroeconomic news, investors focused mainly on the previous technical factors. USD managed to maintain its upward direction against its main competitors, although it retreated from local highs against...
The pair can decrease. On the 4-hour chart, the downward correction of the higher level is developing as a wave (2). Locally the wave and of (2) is forming, within which the fourth correctional wave of the lower level iv of A has formed, and the wave v of A is developing. If the assumption is correct, the pair will fall to the level of 1.3268. The level of 1.3620...
The pair is in a correction, the fall is possible. On the 4-hour chart, the downward correction of the higher level is forming as a wave (2), within which the wave A of (2) id developing. Now the third wave of the lower level iii of A is forming, within which the upward correction (iv) of iii is developing. If the assumption is correct, after the end of the...