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Premium Forex Signals: Selected High-Performance Daily Forex Signals
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USDJPY Wave analysis and forecast for 11.08 – 18.08
Wave analysis and forecast for 11.08 – 18.08: Downtrend continues. Estimated pivot point is at the level of 110.80. Analysis: Supposedly, a downtrend continues forming within the wave с of В of senior level. Apparently, the third wave (iii) of junior level continues developing locally. If the presumption is correct, the pair may be expected to continue dropping to the levels of 108.00 – 106.45. The level 110.80 is critical in this scenario. Alternative scenario:…
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USDCHF Wave analysis and forecast for 11.08 – 18.0
Wave analysis and forecast for 11.08 – 18.08: Downtrend continues. Estimated pivot point is at the level of 0.9672. Analysis: Supposedly, an ascending correction in a form of the fourth wave 4 of senior level that took a shape of an irregular plane finished forming within the 4 hour frame. Apparently, the first wave of junior level i of 5 is developing locally. If the presumption is correct, the pair may continue falling to the…
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GBPUSD Wave analysis and forecast for 11.08 – 18.08
GBPUSD Wave analysis and forecast for 11.08 – 18.08 Wave analysis and forecast for 11.08 – 18.08: Downtrend continues. Estimated pivot point is at the level of 1.3110. Analysis: The first wave (1) of senior level is supposed to finish forming within the 4-hour time frame. A downward correction (2) has supposedly started. Apparently, the wave A of (2) is developing locally and a counter-trend impetus i of A of (2) has formed within. If…