GBP/USD
Analysis:The pound's major pair continues its upward movement that began at the start of this month. From the lower boundary of a strong potential reversal zone in mid-month, the price began pulling back downward, forming the middle part of wave (B). The structure shows it is still incomplete.
Forecast:At the start of the week, a sideways movement with a downward vector is likely. Pressure on support with a brief breakout of its lower boundary is possible. A reversal and renewed upward movement should follow. The highest activity is expected toward the end of the week.
Potential Reversal Zones
Resistance:
Support:
Recommendations:
- Purchases: Carry higher risk. Possible only after signals appear near support.
- Sales: No conditions for such trades in the coming days.
AUD/USD
Analysis:On the daily timeframe, the Australian dollar has shown a sideways trend in recent months. On a smaller scale, the current bullish section began on July 30. After a completed correction from August 11, the final part of wave (C) started forming. The calculated support runs along the upper boundary of a strong reversal zone.
Forecast:At the start of the week, a short-term decline toward support is expected. A reversal and price growth of the pair may follow. The greatest activity is expected toward the weekend.
Potential Reversal Zones
Resistance:
Support:
Recommendations:
- Purchases: Premature until confirmed signals appear near support.
- Sales: Low potential and may turn unprofitable.
USD/CHF
Analysis:Since April, the U.S. dollar/Swiss franc pair has been developing an upward trend. The price mostly moves sideways, forming a shifting flat. The middle part (B) of the structure is nearing completion. Since early August, price has been drifting sideways along opposing levels.
Forecast: In the coming week, a generally sideways movement is expected. At the start of the week, some pressure on support cannot be ruled out. The most active moves are expected by the weekend, with a possible change in direction. The resistance zone marks the upper boundary of the expected weekly range.
Potential Reversal Zones
Resistance:
Support:
Recommendations:
- Purchases: Possible in the coming days after signals appear on your systems.
- Sales: Risky, with low potential.
EUR/JPY
Analysis:The upward wave of the euro/yen pair since August 5 marked a new section of the global trend. Within the final part (C), a correction became necessary. After breaking another resistance level, price has been drifting sideways along it.
Forecast:In the coming week, movement within the corridor between the nearest opposing zones is expected. At the start of the week, pressure on support is possible. A reversal and renewed upward movement are likely toward the weekend.
Potential Reversal ZonesResistance:
Support:
Recommendations:
- Sales: Risky, with limited potential.
- Purchases: Possible after reversal signals appear near support on your systems.
AUD/JPY
Analysis:The short-term trend of the Australian dollar/yen pair has been driven by an upward wave since April. Price movements in the past two weeks show a hidden, irregular correction that remains incomplete.
Forecast:In the coming week, the price will continue moving within the corridor between the nearest opposing zones. After a decline and probable pressure on support, a reversal and renewed upward movement are expected.
Potential Reversal Zones
Resistance:
Support:
Recommendations:
- Purchases: Premature until reversal signals appear near support.
- Sales: Possible intraday with fractional volume size. Potential is limited by support.
#Ethereum
Analysis:After a period of decline, Ethereum's chart turned upward last week. The bullish wave is of a high degree. Near the calculated resistance lies the lower boundary of a wide potential reversal zone.
Forecast:At the start of the week, the upward vector is likely to continue. Growth toward the resistance zone, where a strong higher timeframe level passes, is expected. A reversal and pullback may follow.
Potential Reversal Zones
Resistance:
Support:
Recommendations:
- Purchases: Possible during individual sessions with reduced volume size. Potential is limited by resistance.
- Sales: Premature until confirmed reversal signals appear near resistance.
US Dollar Index
Analysis:The downward wave of the U.S. Dollar Index has ended. The upward section since mid-April shows a new emerging trend of a high degree. The structure forms a shifting flat. Currently, the middle part (B) is forming. Price is consolidating along the upper boundary of the potential reversal zone.
Forecast:In the coming week, the index is expected to continue its sideways movement. Toward the weekend, higher volatility and a resumption of the dollar's decline are likely. The calculated support marks the lower boundary of the expected weekly range.
Potential Reversal Zones
Resistance:
Support:
Recommendations:The weakening trend in the currency market is nearing completion. After another strengthening phase, a decline in national currencies in major pairs may begin in the coming week.
Notes: In simplified wave analysis (SWA), all waves consist of three parts (A–B–C). On each timeframe, only the last unfinished wave is analyzed. Solid arrows mark the formed structure, dotted arrows mark the expected movements.
Attention: The wave algorithm does not account for the duration of movements in time!
