The SPX structure continues to hint at new all-time highs while above 4755 as a motive wave seems to be on its way to completion at higher levels.
GBPUSD’s double-three correction looks complete as the surge off $1.3160 points at an impulsive move up. Can we finally break the descending channel?
The USDJPY structure looks poised to move higher should 111 support holds. Short-term, however, we can expect a struggle near 115.60 as the upisde leg looks corrective.
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Weekly Elliott Wave Forecast: SPX500, GBPUSD & USDJPY
The SPX structure continues to hint at new all-time highs while above 4755 as a motive wave seems to be on its way to completion at higher levels.
GBPUSD’s double-three correction looks complete as the surge off $1.3160 points at an impulsive move up. Can we finally break the descending channel?
The USDJPY structure looks poised to move higher should 111 support holds. Short-term, however, we can expect a struggle near 115.60 as the upisde leg looks corrective.
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
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