Wave Analysis

EURUSD, GBPUSD construct giant triangle patterns 2016.04.11


EUR/USD

4 hour

The EUR/USD is 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.

1 hour

The EUR/USD bearish break could indica

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USDJPY prolongs bearish decline with more Fibonacci targets below 2016.04.08


EUR/USD

4 hour

The EUR/USD bullish price action could not break the strong daily resistance zone (red levels) and the psychological round level of 1.15. Price has now moved back to support levels (green), which is a bullish bounce or bearish break spot.

1 hour

The EUR/US

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USDJPY breaks massive triple bottom without losing bearish momentum 2016.04.07


EUR/USD

4 hour

The EUR/USD made a bullish bounce at the support trend line (green) and is now moving towards the Fibonacci targets of wave C vs A. Price also has strong daily resistance levels nearby (reds) and the psychological round level of 1.15, which could cause pri

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Classic chart formations: EURUSD triangle, GBPUSD deep 78.6% retrace 2016.04.06


EUR/USD

4 hour

The EUR/USD continued with building a contracting triangle (orange/green). Price also remains above support trend lines (greens) but has strong daily resistance nearby too (red). A bullish break could see price move towards those resistance levels around t

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EURUSD challenges 1.15, USDJPY faces triple bottom 2016.04.05


EUR/USD

4 hour

The EUR/USD is building a small contracting triangle (orange/green). A bullish break could see price move towards the horizontal resistance levels from the daily chart (red) around the psychological round level of 1.15. A bearish break could see price fall

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