Author - Dyachenko Anton

Traders Forex Reviews Wave Analysis 25.10.202109: 47,10110 Analytical Reviews Forex: Simplified Wave Analysis and Forecast EUR / USD, USD / JPY, GBP / JPY, GOLD on October 25, Relevance to 09:00 2021-10-26 UTC +2 EUR / USD Analysis: The trend of a major euro pair from the beginning of the current year is set by a descending wave.

Four-hour schedule of EUR/USD. The currency pair could not hold for a long time in the channel (3/8 – 5/8). From the daily supertrend line, the price resumed moving down.

Forecast for the week of October 18 – 22: the fact that the third quarter for the American economy was successful, which allows us to expect that corporations will continue to please investors with positive financial reports.

The dollar, which has gained good progress, is not going to surrender its position, confidently restraining its position on previously achieved price values.