The trend is upward. On the 4-hour chart, the upward trend within the third wave of the higher level 3 is developing. Now the third wave of the lower level iii of 3 is forming, within which a momentum as a wave (i) of iii is developing. If the assumption is correct, the pair will grow to the level of 1.2939. The level of 1.2772 is critical for this...
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. If the assumption is correct, the pair will grow to the levels of 110.82–112.07. The level of 107.80 is critical for this scenario. Main scenario Long positions will become relevant...
The pair can decrease. On the daily chart, the upward momentum has formed as a first wave (1) of the higher level. Locally the development of the downward correction as a wave (2) has begun, within which the entering momentum of the lower level (i) has formed. If the assumption is correct, after the correction (ii) the pair will fall to the levels of...
The correction continues. On the 4-hour chart, the horizontal correction is forming as a fourth wave (4) of the higher level, which has transformed form a triangle into a flat. Now the downward momentum is developing as a wave C of (4). If the assumption is correct, the pair will fall to the level of 1.2137. The level of 1.2292 is critical for this...
Current trend After the test of the maximum around 9042.40, Bitcoin was corrected to the area of the middle line of Bollinger Bands 8750.00, but the growth trend maintains, which is confirmed but the technical indicators. Bollinger Bands are pointed upwards. The upward trend will restore after the price is set above the level of 9062.50 (Murray ). In this case,...
Current trend GBP showed a strong decline against USD last week, retreating to local lows on April 6. On Friday, British currency was under pressure of the Bank of England head Mark Carney's statement, which led the market to question the imminent increase in the interest rate by the regulator. In an interview with the BBC, Carney said that the time period for...
Current trend Since the opening of Asian trading session, gold is trading in a red zone. Now it is trading at the level of 1345.60, the key support level is 1340.62. According to experts, the uncertainty upon the Syrian question between USA and Russia is still relevant and is supporting the precious metal. The second stimulating factor is the China-USA trade...
The correction has ended, the growth of the pair is expected. On the 4-hour chart, the downward correction has formed as a wave ii of 3. Now the development of the wave (i) of iii, within which the first entry wave of the lower level i of (i) has formed, has begun. If the assumption is correct, the pair will grow to the level of 1.2939. The level of 1.2526 is...
Current trend Prices for silver rose sharply on Wednesday, updating local highs since February 2, 2018. The reason for the acceleration of the "bullish" trend was in technical factors, as well as the weakness of USD, which remained without support from macroeconomic statistics on Wednesday. By the time of the close of the daily trading session, the instrument...
The pair can grow. On the 4-hour chart, the fifth wave v of 5 is forming within the first wave (1) of the higher level. Locally the development of the third wave of the lower level (iii) of v has ended, and the downward correction (iv) of v is forming. If the assumption is correct, after the end of the correction, the pair will grow to the levels of...
The correction is ending. On the 4-hour chart, the horizontal correction is forming as a fourth wave iv of v within the first wave (1) of the higher level, which is taking the shape of a triangle. Now the wave (d) of iv of the lower level has formed. If the assumption is correct, after the end of the wave (e) of iv, the pair will grow to the levels of...
Current trend Bitcoin price is moderately decreasing. After the test of the support level of 7812.50 (Murray ) the instrument was corrected upwards to the area of the middle line of Bollinger Bands (8125.00), however, the downward movement potential maintains. In case of the breakdown and the consolidation of the price below the level of 7812.50, the next...
The pair can grow. On the 4-hour chart, the upward correction is developing as a wave 2 of (3) of the higher level. Now the wave c of 2 is forming, within which the third wave of the lower level (iii) of c is forming. If the assumption is correct, the pair will grow to the levels of 0.9710–0.9770. The level of 0.9573 is critical for this scenario. Main...
The pair can grow. On the 4-hour chart, the downward correction has formed as a second wave 2 of (3) of the higher level. Now the development of the wave 3, within which the first entry wave of the lower level i of 3 is forming, has begun. If the assumption is correct, the pair will grow to the levels of 0.7916–0.8140. The level of 0.7651 is critical for this...
Current trend Yesterday silver prices grew due to another tightening of the geopolitical situation in the Middle East after USA, France, and the UK have launched 105 missiles to Syria on Saturday. However, by the opening of the US trading session, the investors have shifted their focus on American macroeconomic data, and USD has restored all the loss. Today the...
The pair can decrease. On the 4-hour chart, the downward correction is forming as a wave ii of 3. Now the wave (c) of ii, within which the fourth wave of the lower level iv of (c) has ended, is developing. If the assumption is correct, the pair will fall to the level of 1.2444. The level of 1.2626 is critical for this scenario. Main scenario Short positions...
The pair can grow. On the 4-hour chart, the downward momentum has formed as a wave C within the correction of the higher level (B). Now the first wave of the lower level i of 1 of (C) has formed as a wedge. If the assumption is correct, after the correction ii of 1 the pair will grow to the levels of 109.60–110.80. The level of 104.58 is critical for this...
Current trend Oil prices completed the trades of last week with a steady growth, having updated the record highs for the last four years. Investors are reacting to the aggravation of geopolitical risks in Syria. The market is concerned about the development of the crisis in the trade relations between the US and China, which have not made progress on the issue...