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EUR/USD: Wave analysis and forecast for 10/08/2018 – 17/08/2018 Descending trend for the pair EUR/USD continues. Estimated pivot point is at a level of 1.1530. Main scenario: short positions will be relevant from corrections below the level of 1.1530 with a target of 1.1320 – 1.1200. Alternative scenario: breakout and consolidation above the level of 1.1530 will allow the pair to continue rising to a level of 1.1745. Analysis: On the daily time frame, an upward impetus is…

GBP/USD: Wave analysis and forecast for 10/08/2018 – 17/08/2018 Descending trend for the pair GBP/USD continues. Estimated pivot point is at a level of 1.2914. Main scenario: short positions will be relevant from corrections below the level of 1.2914 with a target of 1.2650 – 1.2580. Alternative scenario: breakout and consolidation above the level of 1.2914 will allow the pair to continue the rise up to the levels of 1.3059 – 1.3171. Analysis: Supposedly, the first wave of…

XAU/USD: wave analysis and forecast for 20/07/2018 – 27/07/2018 Descending trend for the XAU/USD price continues. Estimated pivot point is at a level of 1265.91. Main scenario: short positions will be relevant from the corrections below the level of  1265.91 with a target of 1200.00 – 1170.58. Alternative scenario: breakout and consolidation above the level of 1265.91 will allow the pair to continue rising to a level 1310.14. Analysis: Supposedly, an ascending wave of senior level C of (В)…

USD/JPY: wave analysis and forecast for 20/07/2018 – 27/07/2018 The ascending trend for the USD/JPY price continues. Estimated pivot point is at a level of 111.39 Main scenario: long positions are relevant from corrections above the level of 111.39 with a target of 113.95 – 115.50. Alternative scenario: breakout and consolidation below the level of 111.77 will allow the USD/JPY price to continue declining to the levels at 110.78 – 109.35. Analysis: Supposedly,  the wave B of senior…

GBP/USD: wave analysis and forecast for 20/07/2018 – 27/07/2018 GBP/USD price continues declining. Estimated pivot point is at a level of 1.3292. Main scenario: short positions will be relevant below the level of 1.3292 with a target of 1.2800 – 1.2580. Alternative scenario: breakout and consolidation above the level of 1.3292 will allow the GBP/USD rate to continue rising up towards level 1.3553. Analysis: The first wave of (1) is formed as a momentum in 1-day timeframe. In…

EUR/USD: wave analysis and forecast for 20/07/2018 – 27/07/2018 The EUR/USD price is still likely to decline. Estimated pivot point is at a level of 1.1790. Main scenario: short positions will be relevant from corrections above the level 1.1790 with a target of 1.1439. Alternative scenario: Breakout and consolidation above the level of 1.1790 will allow the EUR/USD rate to continue rising towards the level of 1.1998. Analysis: In the daily timeframe, an upward momentum is complete as the…

USD/CHF: wave analysis and forecast for 20/07/2018 – 27/07/2018 Ascending trend for the USD/CHF price continues. Estimated pivot point is at a level of 0.9859 Main scenario: long positions will be relevant from corrections above the level of 0.9859 with a target of 1.0100 – 1.0190. Alternative scenario: breakout and USD/CHF price consolidation below the level of 0.9859 will make USD/CHF rate continue declining towards the level of 0.9745. Analysis: Supposedly, an ascending momentum continues to form as…

USD/СAD wave analysis and forecast for 20/07/2018 – 27/07/2018 The ascending trend for USD/CAD price continues. Estimated pivot point is at a level of 1.3109 Main scenario: long positions will be relevant above the level of 1.3109 with a target of 1.3500 – 1.3600. Alternative scenario:  Analysis: Supposedly, the first wave of senior level 1 of (5) continues to develop on the daily time frame in the form of a wedge. The fifth wave v of 1 continues developing on…

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XAU/USD: Wave analysis and forecast for 22/06/2018 – 29/06/2018 Descending trend for the pair XAU/USD continues. Estimated pivot point is at a level of 1309.47. Main scenario: short positions will be relevant from corrections below the level of 1309.47 with a target of 1250.50 – 1233.90. Alternative scenario: breakdown and consolidation above the level of 1309.47 will allow the pair to continue the rise up to the levels of 1325.72 – 1355.62. Analysis: Supposedly, an ascending wave of…

GBP/USD: Wave analysis and forecast for 22/06/2018 – 29/06/2018 The pair GBP/USD is still likely to fall. Estimated pivot point is at a level of 1.3476. Main scenario: short positions will be relevant below the level of 1.3476 with a target of 1.3040 – 1.2926. Alternative scenario: breakout and consolidation above the level of 1.3476 will allow the pair to continue rising to a level of 1.3645. Analysis: Supposedly, the first wave of senior level (1) is formed…

USD/CAD: Wave analysis and forecast for 22/06/2018 – 29/06/2018 The pair USD/CAD is likely to fall under correction. Estimated pivot point is at a level of 1.3340. Main scenario: short positions will be relevant from corrections below the level of 1.3340 with a target of 1.3108 – 1.3036. Alternative scenario: breakout and consolidation above the level of 1.3340 will allow the pair to continue rising to a level of 1.3500. Analysis: Supposedly, the first wave of senior level…

USD/CHF: Wave analysis and forecast for 22/06/2018 – 29/06/2018 Ascending trend for the pair USD/CHF continues. Estimated pivot point is at a level of 0.9787. Main scenario: long positions will be relevant from corrections above the level of 0.9787 with a target of 1.0057 – 1.0190. Alternative scenario: breakout and consolidation below the level of 0.9787 will allow the pair to continue declining to the levels at 0.9745 – 0.9668. Analysis: Supposedly, an ascending impetus continues to form…

EUR/USD: Wave analysis and forecast for 22/06/2018 – 29/06/2018 The pair EUR/USD is still likely to fall. Estimated pivot point is at a level of 1.1848. Main scenario: short positions will be relevant from corrections below the level of 1.1848 with a target of 1.1320 – 1.1176. Alternative scenario: breakout and consolidation above the level of 1.1848 will allow the pair to continue the rise up to the levels of 1.1991 – 1.2111. Analysis: In the daily time…

Dear Visitor. Welcome To Today’s Free Forex Trading Signal By ForexGuru.Pk. As Our Most Of The Services Are Free But Still We Ask Our Valued Visitors To Please Log To Get Access To Our Free Services. This Process Will Help Us To Interact With you In A Better Way. Please Follow The Instructions To Log In Or Please Create Your New Free Account If You Do Not Have An Account With Us. For Any Question Please Contact us By Email support@forexguru.pk or Call Us At +92-300-6561240