The ETHUSD market is forming the global double zigzag [W]-[X]-[Y]. The bearish linking wave [X] must have completed as a standard zigzag (A)-(B)-(C). The upward motive wave [Y] is currently developing, and the price should rise to a level of 1800.00. One could enter long trades in the current situation. Trading plan for ETHUSD today: Buy 1261.07, …
The XRPUSD market is forming the upward corrective pattern as a double zigzag W-X-Y. The first motive wave W looks completed as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. The price should be falling in the bearish linking wave X to a level below 0.368. Trading plan for XRPUSD today: Sell 0.408, Take profit: 0.368.
The BTCUSD market is forming the upward motive wave [Y] as a standard zigzag (A)-(B)-(C). The first two sub-waves (A) and (B) have completed as an impulse and a zigzag. The price should be rising in the upward wave (C), unfolding as an impulse 1-2-3-4-5. Impulse wave 3 of the impulse should finish at a …
The short-term euro trend reversed up. Yesterday, the Intermediary Zone 0.9980 – 0.9969 was broken out. Now the target for purchases is the upper Target Zone 1.0096 – 1.0075. It is profitable to consider euro purchases on correction at the support zones, Additional Zone 0.9959 – 0.9954 and Intermediary Zone 0.9906 – 0.9896. Focus on today’s …
Euro/Dollar forecast for today: EURUSD analysis 08.09.2022 Read More »
The short-term gold downtrend continues. The target for sales is the Target Zone 2, 1677 – 1671. Yesterday, a correction occurred, within which the price entered the zone of favorable sell prices 1724 – 1707. Today consider gold sales according to the pattern in the zone of 1724 – 1707. Focus on yesterday’s low as the first target. …
Gold price forecast for today: XAUUSD analysis 08.09.2022 Read More »
The short-term oil downtrend continued yesterday. As a result, the Gold Zone 84.34 – 83.91 was broken out. The next target for sales is Target Zone 2, 80.04 – 79.18. It is profitable to consider new oil sales on correction at strong resistance levels, Additional Zone 83.65 – 83.44 and Intermediary Zone 86.02 – 85.59. To …
Oil price forecast for today: USCrude analysis 08.09.2022 Read More »
The ETHUSD market is forming the bearish linking wave (X) as a triple zigzag W-X-Y-X-Z, with the final motive wave Z developing inside as a simple zigzag [A]-[B]-[C]. The final bearish wave [C] is unfolding as an impulse (1)-(2)-(3)-(4)-(5). The first two sub-waves of the impulse must have completed, and the price should be falling …
The XRPUSD market is forming the inceptive part of a large bullish corrective trend as a double zigzag W-X-Y. At the time of writing, sub-wave W is unfolding as a triple zigzag [W]-[X]-[Y]-[X]-[Z], with the final wave [Z] unfolding inside as a standard zigzag (A)-(B)-(C). The [Z] wave should end at a level of 0.408. …
The BTCUSD market continues forming the linking wave [X] as a double zigzag (W)-(X)-(Y). Sub-waves (W) and (X) have finished, and the bearish motive wave (Y) is currently forming as a standard zigzag A-B-C. The B correction has recently completed, and the price is falling in the C impulse composed of sub-waves [1]-[2]-[3]-[4]-[5]. The C …
The ETHUSD market is forming the large linking wave (X) as a triple zigzag W-X-Y-X-Z, with the final motive wave Z unfolding inside as a standard zigzag [A]-[B]-[C]. After corrective wave [B] completed as a double zigzag (W)-(X)-(Y), the market has been forming the initial part of the [C] wave. The [C] wave should be …
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