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...

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....

Following the break in the upward structure, characterized by a breach of the second wave’s low in the ending diagonal triangle, the downward movement immediately came to an abrupt halt. Presumably, a downward impulse has...

The situation for this pair is similar to what is currently forming in EUR/USD. The attempt to rise was unsuccessful, but it was likely just a test and preparation for further rapid movement, where an...

The situation is fully developing within the current wave scenario. It seems that the past trading week has completed the formation of a downward impulse, which also serves as wave C of a zigzag pattern....