EUR/USD

Analysis:

In the short term, the main pair of the European currency continues to form an upward wave structure that began in early March of this year. A corrective phase has been developing within this structure in recent months. The wave's extremes form an extended flat pattern on the chart. The wave structure is in its final stage of formation, and the price is moving toward the daily time frame's support zone.

Forecast:

During the coming week, the euro's movement is expected to remain mostly sideways. In the next few days, a decline and short-term pressure on support are possible. Later, a reversal and the start of a price increase toward the projected resistance are likely. Volatility is expected to rise in the second half of the week.

Potential Reversal Zones

• Resistance: 1.1670 / 1.1720
• Support: 1.1530 / 1.1480

Recommendations:

• Buying: After confirmed reversal signals appear near support — may become the main direction for trading.
• Selling: Possible within intraday sessions only; limited potential.

USD/JPY

Analysis:

In the short-term view, the major yen pair remains in a dominant upward trend. Its still-unfinished final segment has been developing since October 1. The quotes have entered the potential reversal zone on the weekly timeframe, approaching its upper boundary. There are currently no signs of an imminent trend change on the chart.

Forecast:

In the coming week, continued upward movement toward the projected resistance zone is expected, followed by a sideways phase. Afterwards, the likelihood of a trend reversal and the beginning of a price decline will increase. The projected support zone marks the most probable lower boundary of the weekly range.

Potential Reversal Zones

• Resistance: 155.00 / 155.50
• Support: 151.40 / 150.90

Recommendations:

• Selling: Possible only after confirmed reversal signals appear near resistance.
• Buying: Risky and offers limited potential.

GBP/JPY

Analysis:

The upward wave that has dominated the pound–yen pair since early August has brought the quotes into a strong resistance zone on the weekly timeframe. The final segment of this structure appears complete. The downward movement that began early last month has a reversal potential — once confirmed, it may signal a change in trend direction.

Forecast:

In the first half of the upcoming week, the pair is expected to move sideways with a slight downward bias. A price rise is likely to be limited to the support zone's boundaries. Later, increased activity and the beginning of an upward move toward the projected resistance levels are expected. This activity may coincide with the release of important economic data.

Potential Reversal Zones

• Resistance: 205.30 / 205.80
• Support: 201.00 / 200.50

Recommendations:

• Selling: Has limited potential and may be risky — consider reducing position size.
• Buying: Will become relevant after reversal signals appear near support in your trading systems.

USD/CAD

Analysis:

Since February 3, a downward wave pattern has been forming in the Canadian dollar market. The middle corrective phase of this structure is nearing completion. The quotes are approaching the lower edge of the potential reversal zone on the larger timeframe. No clear reversal signals are visible on the chart at this point.

Forecast:

At the start of the coming week, sideways movement is expected. The price will likely complete its current bullish phase near the resistance zone. Toward the weekend, a reversal and a downward move are expected to form. A breakout beyond the weekly range's opposing zones is considered unlikely.

Potential Reversal Zones

• Resistance: 1.4160 / 1.4210
• Support: 1.3900 / 1.3850

Recommendations:

• Selling: May be used with smaller positions after reversal signals appear near support.
• Buying: Risky and offers limited potential.

NZD/USD

Brief Analysis:

The ongoing upward wave of the New Zealand dollar's main pair has been developing since April 7. Since early July, a corrective counter-wave in the form of a shifting flat has been taking shape. At the time of analysis, the wave appears incomplete, with the price approaching the upper boundary of strong support.

Weekly Forecast:

At the beginning of the coming week, a continued price decline toward the support zone is expected. Afterwards, price movements are likely to transition into a sideways phase. Toward the weekend, increased volatility, a reversal, and the beginning of an upward move are expected. A brief dip below the projected support zone cannot be ruled out during the reversal.

Potential Reversal Zones

• Resistance: 0.5730 / 0.5780
• Support: 0.5590 / 0.5540

Recommendations:

• Buying: Premature until confirmed reversal signals appear.
• Selling: May be used in small volumes within individual sessions.

Gold

Analysis:

The long-term upward trend in gold has brought prices into a cluster of resistances of various scales. The wave structure does not yet appear complete. Over the past three weeks, quotes have moved downward, forming the middle part of a corrective segment within the trend.

Forecast:

At the start of the coming week, the price is expected to continue moving sideways along the projected boundaries of opposing directions. Initially, a downward move is more likely, followed by a reversal and a transition to a sideways phase with a bullish bias.

Potential Reversal Zones

• Resistance: 4060.0 / 4080.0
• Support: 3930.0 / 3910.0

Recommendations:

• Selling: Premature until the current rise is complete and reversal signals appear.
• Buying: Offers limited potential — no further than the resistance level. Trade with minimal volume size.

Notes: In Simplified Wave Analysis (SWA), all waves consist of three parts (A–B–C). The analysis focuses on the last, incomplete wave on each timeframe. Dashed lines indicate expected movements.

Attention: The wave algorithm does not account for the duration of movements in time!