Analysis

Main scenario: consider long positions from corrections above the level of 0.9098 with a target of 0.9432 – 0.9506.  Alternative scenario: breakout and consolidation below the level of 0.9098 will allow the pair to continue declining to the levels of 0.9016 – 0.8924. Analysis: a descending first wave of larger degree (1) of 5 is presumably formed on […]

Main scenario: consider long positions from corrections above the level of 1.2489 with a target of 1.2773 – 1.2892.  Alternative scenario: breakout and consolidation below the level of 1.2489 will allow the pair to continue declining to the levels of 1.2285 – 1.2150. Analysis: a descending correction appears to have formed as the fourth wave 4 of larger

Yesterday the euro broke out the Intermediary Zone 1.1360 – 1.1351. The short-term trend has reversed up. Now the upper Target Zone 1.1457 – 1.1439 serves as the target for purchases. At the moment, the pair is correcting down and testing the broken out Intermediary Zone. The zone of favorable prices for purchases is slightly lower,

Gold continues to trade in a short-term downtrend with a target in the lower Target Zone of 1839 – 1835. The price is now in the zone of favorable sell prices 1870 – 1858. I recommend considering short trades in this zone with the first target at November 16 low and the second target in

The oil correction started yesterday. As part of the correction, the Additional Zone 77.75 – 77.63 was broken out, and the Intermediary Zone 79.16 – 78.90 was reached. Now the price is testing the Intermediary Zone – the trend border. If this zone is held and a sell pattern is formed, sell oil with the first

The ETHUSD market is forming the global impulse, with corrective wave 4 completed inside as a simple zigzag [A]-[B]-[C]. The most recent chart section displays the price rising in the fifth sub-wave unfolding as either an impulse or an ending diagonal. The Ethereum price should be rising in sub-wave 5 to a level above 4340.00.

The XRPUSD market continues forming the large linking wave (X) as a triangle, with sub-waves A-B-C-D completed inside. The final leg of the D wave, sub-wave [C], has completed as an impulse (1)-(2)-(3)-(4)-(5). The Ripple price should be rising in the final sub-wave E, which could finish as a simple zigzag at a level of

The BTCUSD market has finished the upward wave (A) as a five-wave impulse. There is unfolding the beginning of the bearish wave. There could be unfolding an impulse sub-wave, with the first two sub-waves 1 and 2 completed inside. The bearish sub-wave [1] is currently developing as an impulse (1)-(2)-(3)-(4)-(5), which should complete at a

The euro is trading in a short-term downtrend. The target for sales is the Gold Zone 1.1252 – 1.1243. Since November 17, the price has gone into correction and is testing the zone of profitable sell prices 1.1360 – 1.1307. Today look for short trades according to the pattern in the abovementioned zone. Focus on November

The short-term gold trend is down. XAU has reached the zone of good sell prices 1870 – 1858, where the gold price is currently trading.  A reversal pattern is required to enter sales. In this case, the target for sales will be November 16 low and the Target Zone 1839 – 1835. To enter purchases, the breakout of