empty
 
 
25.08.2020 09:02 AM
Simplified wave analysis and forecast of GBP/USD and USD/CHF on August 25

GBP/USD

Analysis:

The direction of short-term trends of the British pound since mid-March is set by the algorithm of the upward wave of the daily timeframe. The price has reached the borders of a wide potential reversal zone. Since the end of July, quotes have been moving mainly in the block, forming a flat. The correction wave is in its final phase.

Forecast:

Today, we expect mainly a sideways mood of the movement with a downward vector. If the lower limit of the nearest support zone is broken, the price may fall to the next zone today.

Potential reversal zones

Resistance:

- 1.3120/1.3150

Support:

- 1.3030/1.3000

- 1.2920/1.2890

Recommendations:

Today, trading the pound on the market is possible within the day. It is more reasonable to reduce the lot. Conditions have not yet been created for purchases of the pair. It is proposed to focus on the sales of the instrument.

This image is no longer relevant

USD/CHF

Analysis:

The direction of the price movement of the Swiss franc since the end of March is set by a downward wave. It completes a larger downward construction of the weekly scale. The price has reached the intermediate support zone, along which the price has been moving for the entire past month. The downward section from August 20 has a reversal potential.

Forecast:

In the coming day, the price growth is expected to end, the formation of a reversal and the beginning of the pair's downward course. When changing the course, a short-term puncture of the upper limit of resistance is not excluded.

Potential reversal zones

Resistance:

- 0.9150/0.9180

Support:

- 0.9090/0.9060

Recommendations:

Today, short-term trading transactions are possible on the pair's market, according to the described algorithm. In the first half of the day, purchases will be more profitable. After the reversal signals appear, it is recommended to change the vector of trading transactions.

This image is no longer relevant

Explanation: In the simplified wave analysis (UVA), waves consist of 3 parts (A-B-C). The last incomplete wave is analyzed. The solid background of arrows shows the formed structure, and the dotted ones show the expected movements.

Note: The wave algorithm does not take into account the duration of the tool movements in time!

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback