


oscillawaves
PlusWe expect the price of gold to rise again. A suitable entry point is around $3,400, with a short-term target of $3,460. In a higher time frame, a price increase is also anticipated.
It seems that EUR/USD is continuing its upward trend. However, if after a correction the 1.15 price zone is broken to the downside, the price trend will reverse. On the higher time frame, a strong downward move is expected from the euro soon.
A major downward move is expected from GBP/JPY. If the trendline is broken and the price exits the consolidation zone, it could drop to the 189 area. However, if the price stabilizes above 196.411, this analysis would not be valid.
If the USD/JPY price breaks the trendline, it may fall to the 140 level.
It seems that EURJPY is about to experience a significant downward movement, and a good opportunity for a sell position has emerged.
Bearish market continues, The market in a long term downward trend Wait for correction and sell again