The EUR/USD is building a small triangle (orange and green trend lines). A bullish break could indicate that the larger wave 4 (blue) is still not completed. A bearish break of the triangle could indicate that a larger retracement or even reversal (and com
...The EUR/USD seems to have indeed completed wave C (blue) as indicated yesterday due to the bearish break of the support zone (greens).
The EUR/USD completed a wave B (blue) correction before breaking the support zone. At the moment price could be co
...The EUR/USD showed a bullish attempt to break above the heavy resistance layer at 1.15 but failed to push above it. The failure to break means that price is still moving sideways in between strong layers of support (green) and daily resistance (red). The w
...The EUR/USD is still moving sideways in between strong layers of support (green) and daily resistance (red). The current wave count favors one more bullish push to complete wave C (blue) of larger wave Y corrections.
The EUR/USD price action remains
...The EURUSD approaches a strong 1.15 resistance which offers bounce and continuation setups. The USDJPY showed a strong breakout last week and the weekly candle is used for a potential entry. The GBPUSD is showing a triangle at the bottom of a downtrend channel whereas t
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