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27.01.2025 12:55 PMGBP/USD
Analysis:Since August last year, the GBP/USD chart has been defined by a downward wave. Starting January 13, a counter-correction has formed against the primary trend, which remains incomplete. The price is consolidating along the breached intermediate resistance level from last week, which now acts as new support.
Forecast:In the coming days, GBP/USD is expected to move sideways. A decline toward the calculated support zone is possible. The latter half of the week could see increased volatility, with a potential return to the upward trend and a move toward the resistance zone.
Potential Reversal Zones:
Recommendations:
AUD/USD
Analysis:The daily price movement of the AUD/USD pair is shaped by an ongoing bearish wave from September 30, 2022. Over the past four weeks, the price has formed a corrective flat near a strong potential reversal level. The structure remains incomplete.
Forecast:Expect the upward price trend to continue in the coming days. In the latter half of the week, a reversal and resumption of the downtrend are more likely. A brief breach of the upper resistance boundary is possible during a directional change.
Potential Reversal Zones:
Recommendations:
Analysis:The USD/CHF pair has been in a bullish wave since last summer. Within the wave's final segment (C), an intermediate pullback in the form of a shifting flat has been developing since the start of the year. In recent weeks, prices have retreated toward support.
Forecast:This week, USD/CHF is likely to complete its pullback and resume its uptrend. Price movements will be contained within the nearest counter-directional zones. A reversal and upward movement are more likely in the latter half of the week.
Potential Reversal Zones:
Recommendations:
Analysis:The dominant trend for EUR/JPY since December 2022 has been bullish. Over the past two weeks, the pair has formed a horizontal counter-correction. This wave structure appears close to completion.
Forecast:Expect a predominantly sideways price movement in the coming days. A downward vector could take prices toward the support zone. Increased volatility, a reversal, and a resumption of the uptrend are likely closer to the weekend.
Potential Reversal Zones:
Recommendations:
Brief Analysis:The downward wave for the USD Index, which began in mid-December 2022, has exceeded the corrective level of the previous trend segment and is evolving into a full-fledged correction of the entire wave. The wave structure has formed a clear extended flat, with the calculated support near the upper edge of the preliminary target zone.
Weekly Forecast:This week, there is a high likelihood of the downtrend completing. After a potential rebound toward the resistance zone, the index may resume its decline toward the calculated support boundaries.
Potential Reversal Zones:
Recommendations:
Notes: In simplified wave analysis (SWA), all waves consist of three parts (A-B-C). The analysis focuses on the most recent incomplete wave across all timeframes. Expected movements are shown with dashed lines.
Attention: Wave algorithms do not account for the duration of price movements over time!
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