EURUSD – Price in a Range Before a Final Downward Move

18.11.2024
The situation with the EUR/USD pair is currently unfolding within the framework of the main wave scenario. According to this scenario, a downward impulse is developing as part of a simple zigzag. At the moment,...
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USDJPY – Corrective Growth to End Soon

15.11.2024
The situation for the pair remains firmly under the control of buyers. The dollar continues to rise against the yen, reaching new local highs. However, the price is still within the previously formed downward impulse...
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GBPUSD – Decline Within the Zigzag Formation Expected to Continue

13.11.2024
The pound, which had long resisted the pressure of the dollar, finally gave way, leading to a sharp price drop without much resistance. However, this development was quite expected. Based on the unfolding wave scenario,...
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EURUSD – Preparing for Further Impulsive Decline

11.11.2024
The last trading day of the past week went exactly as expected. Buyers lacked the strength for further recovery after a sharp decline, which led to a swift return of the rate to the previously...
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USDJPY – Another Attempt by Sellers to Start an Impulsive Decline

08.11.2024
The dollar was unable to continue its strengthening. The 61.8% Fibonacci retracement level appears to act as an insurmountable barrier for the price. Thus, the assumption of a sustained impulsive decline is highly likely to...
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