It’s a forecast for July 25.
Tag - market forecast
On the daily chart of USD/CAD, bears try to counterattack and implement the “Bat” pattern.
On the daily chart of XAU/USD, the pair reached the 88.6% target of the “Shark” pattern.
On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
On H1, bulls get ready to break the resistance at 0.6825.
Let’s start with a look at the economic calendar for the upcoming days.
On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
On the daily chart of EUR/USD, the downward triangle is forming.
The oil market is always highly volatile.
On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
It’s a forecast for July 19.