GBPUSD – Corrective Wave 2 Nearing Completion

11.12.2024
During the past trading day, no significant changes occurred. The price essentially remained at the same level, indicating the continuation of a correction. This correction is likely due to the formation of Wave 2 in...
Read more

EURUSD – The wedge formation continues to develop

09.12.2024
The euro still fails to achieve any significant progress. Each attempt to rise faces strong opposition, resulting in a pullback. Currently, this pattern of movement is attributed to the development of an initial diagonal triangle....
Read more

USDJPY – Growth Expectations Within Correction Persist

06.12.2024
The situation with the analyzed trading pair unfolds according to the expected scenario. Following a significant decline, representing a downward impulse, buyers are attempting to respond. So far, they have managed to halt the decline...
Read more

GBPUSD – Correction Development Continues

04.12.2024
The situation with the pair is unfolding within the previously discussed wave scenario. The upward movement that has formed is likely impulsive in nature and represents the initial wave of a higher-level bullish impulse. The...
Read more

EURUSD – Expectations for Further Impulsive Price Growth Remain

02.12.2024
While the current situation appears favorable for an upward movement, buyers are in no hurry to push the price higher. This suggests a slow but prolonged price growth, during which an extending impulse may form....
Read more