I would expect a temporary bullish after the news from BOE interest rate. Based on my sole opinions, there might be no changes from the forecast of 5.25% due to UK inflation rate is under control. Based on price action, I have created a new dealing range from Tuesday 18 June - Low to yesterday High. For the Pound to be bullish , I want to see that price draw...
I am expecting that the CPI Y/Y is greater than the forecast of 2.0%. If CPI is greater, the pound has more strength and value should be higher. I would like to see the pound took on the internal draw on liquidity from 2 sell sides (i.e 2 lows) before pushes higher and target yesterday high. The sells sides coincide in the mid range of 0.5 - 0.25 from yesterday...
OANDA:EURUSD Monthly Analysis My perception about EurUsd, Completed an uptrend that reached a high , after which on a Triple 3 corrective waves. elliottwave-forecast.com Simple zigzag + Simple zigzag + Regular flat with the latter awaiting for the the final waves i.e (4) to (5) to complete /ZZ Daily chart
OANDA:USDJPY Forecast up till 2031 if prices continue to play out the Elliot Wave Regular Flat corrections structure. www.hvst.com twitter.com Pure speculation: USD/JPY possibility of reaching 76 in 2031 Monthly Wave A - Completed Wave B - Completed. Wave C - in progress Wave C will be an impulsive move where price may destine towards the Wave A...
I wish price will make a corrective wave (4) this coming weeks. Since Price has reached a new high (3) Price likely to breach 100 on Fifth wave
OANDA:XAUUSD From a weekly analysis - marked (1)/(A) down to daily - marked with 1 /A Stage (4) / (A) + (B) completed Price is incline into the direction of (B) to (C) In between there will be five waves up Wave 3 and 4 could be a tentative marking. Wave 3 is longer than Wave 1, however there is still room for Wave 3 to make a higher high and take out previous...