Tuesday, 11 December 2018

  Contact  

A Analysis

EUR/USD and GBP/USD: wave analysis

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

EUR/USD: wave analysis

A fall is expected. Assumingly, a development of a correction within the second wave 2 of the senior level continues, within which a double zigzag is forming. Locally, wave y of 2 in the shape of a zigzag seems to be developing, and a fall to the level of 1.0940 is excepted within its wave (c). A critical for this scenario is the level of 1.1290, the breakout of which would allow the pair to grow to 1.1500, 1.1700. Trading tips Sell the pair below the level of 1.1290 with targets at 1.0950, 1.0940. Alternative scenario The breakout and consolidation above the level of 1.1290 would allow the pair to grow to 1.1500, 1.1700.

eur eur1

 

GBP/USD: wave analysis

A growth is expected. Assumingly, a correction of the senior level within wave B of (2) in the shape of an irregular flat with a diagonal in wave c of B has finished forming. Locally, a starting wave i of (i) of the junior level seemed to have formed. If the assumption is correct, the pair will grow within wave C of (2). Trading tips Buy the pair above the level of 1.5100 with targets at 1.5600, 1.5800. Alternative scenario The breakdown and consolidation below the level of 1.5100 would allow the pair to fall to 1.4900, 1.4800.

gbp gbp1

  Invierta ahora en el mercado Forex Fans page Facebook.com/liteforex.peru

Erick Gálvez
Author: Erick GálvezWebsite: http://www.asdforex..comEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Administrator
ASDForex manager and professional trader since 2008. I am also Aleforex.com manager where you can view the services that I give
Latest articles Author

Popular News

Newsletter

Lorem ipsum dolor sit amet, consectetur adipisicing elit.

New Edge @newedge


Fans Page ASDForex

The sustained and successful trading is a mixture of perseverance, education and discipline. Forex ASD will find this

Email:

Info@asdforex.com

Skype:

Mercadoforex
Contact Form