Hellena | EUR/USD (1H): Short to support area at 1.08477.Dear Colleagues, in the coming week I suppose that the price will go down. Tentatively, I expect a correction in wave b, followed by a price decline to the support area at 1.08477 with the completion of wave c.
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Hellena | USD/JPY (1H): Long to 50% Fibo lvl 143.446.Dear Colleagues, I think that the strong downward movement is wave 3. Next, I expect the end of the impulse formation, then I expect the price to climb to the 50% target of the Fibonacci level 143.446.
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Hellena | Oil (4H): Long to resistance area 73.92.Dear colleagues, I suppose the price will go higher still. A Pin-Bar has formed on the chart. It means that buyers are not giving up their positions. I expect the price to reach the resistance area at 73.92.
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Hellena | EUR/USD (1H): Short to support area at 1.09141.Dear Colleagues, after yesterday's news, price disrupted my plans and my wave markup. At the moment I think that the price has almost formed a 5 wave structure and I expect a corrective movement to the support area at 1.09141.
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Hellena | GBP/USD (1H): Short to support area at 1.26820.Dear Colleagues, after yesterday's news, price disrupted my plans and my wave markup. At the moment I think that the price has almost formed a 5 wave structure and I expect a corrective movement to the support area at 1.26820.
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Hellena | Oil (4H): Long to resistance area of 74.15. Dear colleagues, after analyzing the chart I realized that wave 5 has either already ended or will end soon. The price can still reach the support area of 68.06, but I will consider only long positions with the aim to reach the resistance area of 74.15.
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Hellena | EUR/USD (1H): Short to 50% Fibo lvl 1.08443. Dear Colleagues, I think that the strong upward movement is coming to an end and I expect a corrective movement to the area of 50% Fibonacci level 1.08443.
It is possible to update the maximum.
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Hellena | GBP/USD (1H): Short to 32.8% Fibo lvl 1.25947.Dear Colleagues, I think that the strong upward movement is coming to an end and I expect a corrective movement to the area of 32.8% Fibonacci level 1.25947.
It is possible to update the maximum.
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Hellena | GBP/USD (4H): Long to resistance area of 1.26498.Dear colleagues, having analyzed the chart I have redrawn the Elliott waves. I believe that the price formed a correction and now begins a major wave 5, which will reach at least the resistance area of 1.26498.
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Hellena | GOLD (1H): Short to 61.8% Fibo lvl 1961.Dear colleagues, I believe that wave 2 has already been formed. This means that the price is in the formation of wave 3. I suppose that the price will go at least to 61.8% Fibonacci extension level of 1961. A small local correction to the swing area is possible.
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Hellena | EUR/USD (4H): Long to resistance area at 1.08335. Dear colleagues, the euro has not been on our side all week. But I am sure that the most important thing is to catch the beginning of the corrective movement. At the moment the price can still update the minimum and reach the support area at 1.07335, but I consider only long positions to the resistance area at 1.08335.
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Hellena | GOLD (1H): Long to 38.2% - 50% Fibo lvl 2001.Dear colleagues, I have redrawn the waves and I think that the price is in a long downtrend. At the moment I expect a corrective movement in wave 2, which will reach the resistance area and 38.2% - 50% Fibonacci 2001 levels.
But before this movement, the price may test the low of wave 1 (1975) or even update it slightly.
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Hellena | GOLD (1H): Short to 100% Fibo lvl 1975.753. After last week's strong move, we never waited for a correction. This may mean that the price will continue its downward movement. I believe that the price will reach the area of 100% Fibonacci extension 1975.753.
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Hellena | GOLD (1H): Long to resistance area at 2058.201.Dear colleagues, after such a strong upward movement we saw an equally strong downward bounce. At the moment I believe that there are still some untouched sell orders slightly higher. I believe that the price will reach the resistance area at 2058.201. After that I will continue drawing Elliott waves.
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Hellena | Oil (4H): Short to support area of 70.81.Dear Colleagues, I believe that wave 5 is not fully formed yet, so the price will move down a bit more. Presumably to the support area of 70.81. After that I expect a strong corrective movement.
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Hellena | EUR/USD (4H): Long to resistance area at 1.08791.Dear colleagues, the price has moved down a lot in the last 24 hours. the forecast has changed, but I believe that the correction is sure to happen. At the moment I expect the price to reach the resistance area at 1.08791.
After that I will draw Elliott waves.
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Hellena | GBP/USD (4H): Long to resistance area at 1.27328.Dear colleagues, the price has updated
and the minimum and the end of wave 4. I believe that the end of wave 4 may be in the area of 1.25988, after which I expect the price to start rising at least to the resistance area of 1.27328.
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Hellena | GOLD (1H): Short to support area of 2052.277.Dear colleagues, last week we saw a strong upward price movement. At the moment I believe that wave 5 is almost complete and I am considering a correction (a b c) to the support area of 2052.277.
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Hellena | EUR/USD (4H): Long to resistance area at 1.09582.Dear Colleagues, last week we saw a strong decline in the price, but then the price returned to 1.08789. This means that the bulls have more strength and at the moment I am considering a small correction to the support area 1.08520, then reaching the target resistance area 1.09582.
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Hellena | GBP/USD (4H): Long to resistance area at 1.27328. Dear Colleagues, I believe that the price is in an upward movement. At the moment I expect the end of the formation of wave 5.
I expect to touch the swing area at 1.26561 and then reach the resistance area at 1.27328.
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Hellena | Oil (4H): Short to 61.8%-78.6% Fibo lvls 74.24. Dear colleagues, I believe that the price will still renew the local minimum and reach the target of 61.8%-78.6% Fibonacci levels 74.24.
Before that, the price may reach the swing area 77.29.
In case the price reaches the target immediately - the target is just a strong resistance.
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