Elliott waves analysis – Remain long

GBPUSD – Flat Wave Analysis: During the previous trading day, the cable rallied higher perfectly as previously forecasted, and is still pretty much bullish both on the daily and weekly charts. Following the bounce from the daily support seen at 1.3855,…

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Elliott waves analysis – Wait

USDJPY – Down Wave Analysis: Instead of rebound from 108.79-108.13 as previously forecasted, the US Dollar is slowing breaking below this support zone since last week, if the price can close below 108.13 by the end of this week, then this will confirm …

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Elliott waves analysis – Remain long

EURUSD – Up Wave Analysis: Since Monday this week, euro has been pulling back upwards and may continue even higher during this trading day. we expect the level 1.2140 to have marked the end of the corrective wave (4) that the current bullish price move…

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