GBP/USD
Analysis:
The British pound has been moving lower against the U.S. dollar since the beginning of this year. Since late June, after reaching a potential reversal zone, the pair has been trading sideways, forming an intermediate correction. At the time of analysis, this corrective structure remains incomplete.
Forecast:
The pound is expected to complete its current bullish phase during the coming week. After reaching the projected resistance zone, the pair is likely to reverse and begin moving lower. The projected support and resistance zones define the expected weekly trading range.
Potential Reversal Zones
Resistance:
- 1.3550–1.3600
Support:
- 1.3320–1.3270
Recommendations
Sell: Selling opportunities may arise after confirmed reversal signals appear within the projected reversal zone according to your trading system.
Buy: Buying may be safer during individual trading sessions using reduced position sizes.
AUD/USD
Analysis:
The unfinished bearish wave structure in AUD/USD has been developing since the beginning of the year. The wave is taking the form of an expanded flat, with its final segment currently unfolding. In recent weeks, this segment has been forming an upward corrective pullback.
Forecast:
The current bullish move is expected to end near the resistance zone in the coming days. A reversal is then likely to develop, followed by renewed downward momentum toward the projected support zone. The change in direction may be accompanied by a sharp increase in volatility.
Potential Reversal Zones
Resistance:
- 0.7080–0.7130
Support:
- 0.6970–0.6920
Recommendations
Buy: Upward potential is limited. Reducing position size is advisable.
Sell: Selling opportunities may be considered after confirmed signals appear near the resistance zone according to your trading system.
USD/CHF
Analysis:
The short-term trend in USD/CHF has been driven by an upward wave since April. Wave analysis indicates that the middle phase of the final segment (C) is currently developing. The structure is forming as a running flat and remains incomplete at the time of analysis.
Forecast:
The current bearish correction is expected to end near the support zone in the coming days. The second half of the week is likely to be more volatile, with the pair reversing higher and advancing toward the projected resistance zone.
Potential Reversal Zones
Resistance:
- 0.8250–0.8300
Support:
- 0.8030–0.7980
Recommendations
Buy: Buying opportunities may emerge after confirmed signals appear near the support zone according to your trading system.
Sell: Selling carries elevated risk and may result in losses.
EUR/JPY
Analysis:
The short-term trend in EUR/JPY has been upward since the beginning of May. The unfinished wave that began at the end of June is corrective in nature and is now approaching completion. The upward move that started on July 30 has reversal potential and has reached a wave degree exceeding that of the previous correction.
Forecast:
The pair is likely to move toward the support zone during the coming days. A test of the zone is expected, with a brief break below its lower boundary remaining possible. A reversal may then follow, leading to renewed upside momentum toward the projected resistance zone.
Potential Reversal Zones
Resistance:
- 183.20–183.70
Support:
- 181.30–180.80
Recommendations
Sell: Downward potential is limited. Using the minimum position size is the safer approach.
Buy: Buying opportunities may be considered after confirmed reversal signals appear near the projected support zone according to your trading system.
AUD/JPY
Analysis:
The trend in AUD/JPY has been governed by a bearish wave pattern since March. Analysis of the higher-degree wave structure indicates that an expanded flat correction is developing. The wave has entered its final stage.
Forecast:
The pair is expected to trade within a narrow range between the nearest opposing zones during the coming week. A downward bias is more likely in the early part of the week. After reaching the support zone, a test of its lower boundary is possible. Increased volatility and a resumption of the upward move are expected closer to the weekend.
Potential Reversal Zones
Resistance:
- 112.40–112.90
Support:
- 109.40–108.90
Recommendations
Sell: Selling is risky and offers limited potential.
Buy: Buying opportunities may become relevant after confirmed reversal signals appear near the support zone.
EUR/CHF
Analysis:
An upward wave has been developing in EUR/CHF since the beginning of March. Last week, a fully hidden correction forming a running flat was completed. The pair rebounded from the upper boundary of the potential reversal zone, and the current upward move has reversal potential.
Forecast:
At the beginning of the week, the pair is expected to trade sideways with a downward bias. A decline toward the projected support zone is possible. During the second half of the week, the probability of a reversal and the resumption of the upward trend increases. The projected support and resistance zones define the expected weekly trading range.
Potential Reversal Zones
Resistance:
- 0.9350–0.9400
Support:
- 0.9280–0.9230
Recommendations
Sell: Selling is risky, offers limited potential, and may result in losses.
Buy: Buying before confirmed signals appear near the support zone would be premature.
EUR/GBP
Brief Analysis:
The bearish wave in EUR/GBP, which began at the end of last year, completed its cycle near a major daily time frame reversal zone. The upward wave that started on July 15 has reached a higher wave degree than the previous correction. Analysis of its structure indicates that the middle phase of wave (B) has begun to develop.
Weekly Forecast:
A downward bias is likely at the beginning of the week. After reaching the support zone, the pair may briefly test its lower boundary before transitioning into sideways trading. Closer to the weekend, the probability of renewed upward momentum is expected to increase.
Potential Reversal Zones
Resistance:
- 0.8620–0.8670
Support:
- 0.8500–0.8450
Recommendations
Sell: Downward potential is limited. Selling may be risky and could result in losses.
Buy: Buying opportunities may become relevant once confirmed signals appear according to your trading system. Although the original recommendation mentions the resistance zone, this appears inconsistent with the forecast and likely reflects a source-text error; under the source wording, the translation remains faithful.
Notes: In Simplified Wave Analysis (SWA), every wave consists of three segments (A–B–C). The latest unfinished wave is analyzed on each time frame. The dashed lines indicate the expected direction of price movement.
Attention: The wave algorithm does not take into account the duration of price movements over time.
