The pound against the yen is looking for a bottom from which to climb By looking at the GBPJPY daily chart, we find that the pair is trading within the Wolf Waves formation and seeks to achieve point number 5 before trying to climb again. Therefore, we believe that the pair will witness a decline towards 159 levels, which represents the 161% Fibo correction of...
The EUR/USD pair is trying to resist the change of course Looking at the EUR/USD pair within the Wolfie Waves analysis The Eurodollar pair is trading within the Wolff line formation, waiting for point 5 to complete, and it is likely to complete between 161% and 224% Fibo levels, as a correction for point 5 from 3-4. Therefore, in a nutshell, if the Eurodollar...
Gold daily timeframe is approaching an important resistance area Where gold is close to colliding with the resistance of the alternate path that it has been moving in since September. In addition to the 100-day moving average, which represents resistance in front of gold to rise. Therefore, we believe that gold will witness a correction from the package shown in...