USDJPY – Decline Within a Corrective Wave

26.07.2024
The dollar has managed to cool the momentum of the Japanese yen and halt the strong downward movement. However, this is likely only temporary. The decline is presumably impulsive, with the formation of wave 3...
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GBPUSD – The price remains within a downward corrective structure

24.07.2024
The current attempt to resume the decline in this trading pair seems somewhat illogical. The price might need some time to consolidate in a sideways movement to form a clear wave b in the zigzag...
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EURUSD – Price forms corrective waves

22.07.2024
The current situation fully aligns with the previously suggested wave scenario. After a very good impulsive growth, the price has started a logical pullback. The formed upward impulse is considered as wave 1 in the...
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USDJPY – Impulse Decline Begins

19.07.2024
During the past trading day, the formation of a downward impulse wave likely concluded for the USDJPY pair. This could be the beginning of a major and prolonged bearish movement. In the near term, we...
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GBPUSD – Price to Begin Corrective Decline

17.07.2024
The price, having reached the year's high, has stalled at these levels. It is unlikely that we will see further upward movement, as a full impulse wave has likely formed, possibly being wave 1 in...
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