GBP/USD
Analysis:
In the short-term timeframe, the main pair of the British pound has been forming a downward wave since the end of January this year. In recent weeks, a correction has been developing within this structure. At present, quotes are approaching the lower boundary of a wide potential reversal zone on the daily timeframe.
Forecast:
Over the next couple of days, the British pound is expected to move along the resistance zone. After that, a reversal and the beginning of a bearish trend can be expected. When the direction changes, the possibility of a brief breakout above the upper boundary of resistance remains. The lower boundary of the expected weekly range is defined by the calculated support.
Potential Reversal Zones
Resistance:
1.3600 / 1.3650Support:
1.3390 / 1.3340Recommendations:
Buy: No conditions for such trades are expected in the coming week.Sell: Will become relevant after confirmed reversal signals appear near the resistance zone.
AUD/USD
Analysis:
Since the end of January this year, the short-term trend of the Australian dollar's main pair has been driven by a bearish corrective wave in the form of an extended flat. At the end of last week, the price reached the lower boundary of a major potential reversal zone. There are currently no signs of an imminent trend reversal on the chart.
Forecast:
Over the coming week, a gradual movement of the "Aussie" from the resistance zone toward the support area is expected. A breakout beyond these boundaries within the week is unlikely. In the first days, a short-term rise toward resistance is possible, including pressure on its upper boundary and a brief breakout.
Potential Reversal Zones
Resistance:
0.7230 / 0.7280Support:
0.7080 / 0.7030Recommendations:
Buy: Possible with partial positions during individual sessions; potential is limited by resistance.Sell: Can be used after confirmed reversal signals appear near the calculated resistance.
USD/CHF
Analysis:
In the short term, the current wave of the Swiss franc since January is directed upward. This wave is completing a larger bullish structure on the daily timeframe. Over the past month, a correction has been developing within it. The boundary of a strong higher-timeframe reversal zone runs near the calculated support.
Forecast:
Over the coming week, the bearish movement is expected to complete. In the next couple of days, short-term pressure on the lower boundary of support is possible. After that, a reversal and upward movement can be expected. The highest volatility is likely toward the end of the week.
Potential Reversal Zones
Resistance:
0.7930 / 0.7980Support:
0.7770 / 0.7720Recommendations:
Sell: High risk and may result in losses.Buy: Will become relevant after confirmed signals appear near the support zone.
EUR/JPY
Analysis:
In the short-term timeframe, the euro/yen pair has been forming an upward wave since the end of January, defining the trend. Since mid-April, an unfinished intermediate pullback has been forming within this wave in a sideways pattern. Price is mostly moving sideways within the formed price corridor.
Forecast:
Over the next one to two days, a flat (sideways) movement is expected. An upward bias is possible, but growth is likely limited to the upper boundary of resistance. In the second half of the week, the probability increases for higher volatility, a reversal, and renewed price decline.
Potential Reversal Zones
Resistance:
187.50 / 188.00Support:
185.40 / 184.90Recommendations:
Buy: Risky and with low potential.Sell: Can be used after appropriate signals appear near the reversal zone.
AUD/JPY
Analysis:
Since last spring, the main direction of the Australian dollar/yen pair has been bullish. The structure does not yet appear complete. At the time of analysis, price has bounced from the upper boundary of a major reversal zone, forming the beginning of the final segment (C).
Forecast:
At the beginning of the week, a renewed decline toward the support zone is possible, including a brief breakout below it. Closer to the weekend, the probability increases for a reversal and renewed upward movement.
Potential Reversal Zones
Resistance:
115.60 / 116.10Support:
112.50 / 112.00Recommendations:
Sell: Possible in smaller positions during intraday trading; potential is limited.Buy: Will become relevant after confirmed reversal signals appear near support.
EUR/GBP
Analysis:
The unfinished wave structure of the dominant downward trend in the euro/pound pair has been developing since April last year. The wave takes the form of a shifting flat and remains incomplete. The final segment (C) is still missing. Price is currently near the lower boundary of a weekly potential reversal zone.
Forecast:
At the beginning of the week, sideways movement is highly likely. After that, a downward move toward the support boundary is expected. By the end of the week, the probability increases for a reversal and upward movement toward resistance.
Potential Reversal Zones
Resistance:
0.8800 / 0.8850Support:
0.8630 / 0.8680Recommendations:
Sell: Possible in individual sessions with reduced position size; potential is limited by support.Buy: Premature until confirmed reversal signals appear in the calculated reversal zone.
Notes: In simplified wave analysis (SWA), all waves consist of three parts (A–B–C). The latest unfinished wave is analyzed on each timeframe. Dotted lines indicate expected movements.
Attention: The wave algorithm does not account for the duration of price movements over time.