GBPUSD – Growth in the Third Wave of an Upward Impulse

18.12.2024
The price, after a significant decline, has reached the 61.8% level of the previously formed upward impulse, after which it started to rise. It is likely that this marks the completion of the correction, which...
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EURUSD – Buyers maintain chances for a bullish scenario

16.12.2024
Buyers failed to reverse the situation in their favor by returning to the assumed diagonal triangle. However, by the end of the trading session, the price returned to the starting point of the decline. This...
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USDJPY – Expectations for Impulsive Price Decline Persist

13.12.2024
After the price rose and reached halfway through the previously formed impulsive decline, it started to correct against expectations of a drop. It is quite possible that after some stagnation, the price will eventually move...
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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...
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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....
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