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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EURUSD – Correctional Decline Expected

15.07.2024
The euro exchange rate has risen as expected, coming close to the high established in May of this year. However, buyers are likely not strong enough to update this peak. In the emerging upward impulse,...
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USDJPY – Price Chooses a Path for Further Growth

12.07.2024
The price continues to experience calm trading days, with smooth movements and no wild swings or drops. Buyers are confidently controlling the situation, keeping the price near the previously established high. At this moment, it...
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