Forex Analysis by LiteForex

[MikhailLF]

Mastercard Inc.: wave analysis

The price may grow.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the first wave of the lower level i of 3 has formed, and a local correction is ending to develop as the wave ii of 3. If the assumption is correct, after the end of the correction, the price will grow to the levels of 450.00–500.00. In this scenario, critical stop loss level is 310.66.

 

[MikhailLF]

Amazon.com Inc.: wave analysis

The price may grow.

On the daily chart, the third upward wave of the higher level (3) develops, within which a correction developed as the fourth wave 4 of (3), and of the fifth wave 5 of (3) forms. Now, the third wave of the lower level iii of 5 has formed, and the correctional wave iv of 5 is ending. If the assumption is correct, the price will grow to the levels of 4000.00–4300.00. In this scenario, critical stop loss level is 3120.81.

 

[MikhailLF]

McDonald’s Corp.: wave analysis

The price may grow.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (ii) of iii has ended, and the formation of the wave (iii) of iii has started. If the assumption is correct, the price will grow to the levels of 260.00–275.00. In this scenario, critical stop loss level is 225.78.

 

[MikhailLF]

EUR/USD: wave analysis

TThe pair may fall.

On the daily chart, the first wave of the higher level 1 of (3) developed, and a downward correction forms as the second wave 2 of (3). Now, the wave c of 2 is developing, within which the fifth wave of the lower level (v) of c is forming. If the assumption is correct, the pair will fall to the levels of 1.1601–1.1480. In this scenario, critical stop loss level is 1.1908.

 

[MikhailLF]

PayPal Holdings Inc.: wave analysis

The price is in a correction, a fall is possible.

On the daily chart, the third wave of the higher level (3) developed, and a downward correction started to develop as the fourth wave (4). Now, the wave A of (4) is developing, within which the first entry wave of the lower level i of A has formed, and a local correction is developing as the wave ii of A. If the assumption is correct, after the end of the correction, the price will fall to the levels of 256.16–223.27. In this scenario, critical stop loss level is 310.18.

 

[MikhailLF]

IBM Corp.: wave analysis

The price is in a correction and may grow.

On the daily chart, a downward correction developed as the second wave of the higher level 2 of (1) of 5, and the third wave 3 of (1) of 5 develops. Now, the third wave of the lower level iii of 3 has formed, and a local correction is developing as the fourth wave iv of 3, within which the formation of the wave (c) of iv is ending. If the assumption is correct, after the end of the correction iv of 3 the price will grow to the levels of 155.00–160.00. In this scenario, critical stop loss level is 131.00.

 

[MikhailLF]

Boeing Co.: wave analysis

The price may grow.

On the daily chart, the first wave of the higher level (1) of C formed, a downward correction developed as the second wave (2) of C, and the third wave (3) of C develops. Now, the entry wave of the lower level 1 of (3) has formed, a local correction has developed as the wave 2 of (3), and the wave 3 of (3) is forming, within which the development of the wave iii of 3 has started. If the assumption is correct, the price will grow to the levels of 300.00–315.00. In this scenario, critical stop loss level is 204.28.

 

[MikhailLF]

XAU/USD: wave analysis

The pair may fall.

On the daily chart, the third wave of the higher level (3) formed, and a downward correction forms as the fourth wave (4). Now, the wave C of (4) is forming, within which the third wave of the lower level iii of 3 has formed, and the local correction iv of 3 has ended. If the assumption is correct, the pair will fall to the levels of 1623.35–1515.88. In this scenario, critical stop loss level is 1832.53.

 

[MikhailLF]

WTI Crude Oil: wave analysis

The price is in a correction, a fall is possible.

On the daily chart, a downward correction of the higher level developed as the wave B, and the upward wave C forms, within which the first wave 1 of (1) of C developed. Now, a downward correction is developing as the wave 2 of (1), within which the wave a of 2 has formed. If the assumption is correct, after the end of the local correction b of 2 the price will fall to the levels of 59.66–49.02. In this scenario, critical stop loss level is 77.00.

 

[MikhailLF]

Alphabet Inc.: wave analysis

The price may grow.

On the daily chart, the fifth upward wave of the higher level (5) develops, within which the third wave 3 of (5) formed, and the correctional wave 4 of (5) ended. Now, the fifth wave 5 of (5) is forming, within which the wave of the lower level iii of 5 is developing. If the assumption is correct, the price will grow to the levels of 3000.00–3200.00. In this scenario, critical stop loss level is 2671.75.

 

[MikhailLF]

Mastercard Inc.: wave analysis

The price is in a correction and may grow.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the first wave of the lower level i of 3 has formed, and a local correction is ending to develop as the wave ii of 3, within which the formation of the wave (c) of ii is ending. If the assumption is correct, after the end of the correction, the price will grow to the levels of 450.00–500.00. In this scenario, critical stop loss level is 310.66.