Wave Analysis

GBP/USD Arrives at Bottom of Downtrend Channel 2015.12.31


EUR/USD

4 hour

The EUR/USD is most likely in a wave B of a larger ABC (purple) zigzag. The wave count is invalidated if price breaks below the horizontal support (lighter green).

1 hour

The EUR/USD is respecting the 50% Fibonacci retracement level of wave B (purple). A b

...

View All


EUR/USD Respects 50% Fibonacci Level of Wave B 2015.12.30


EUR/USD

4 hour

The EUR/USD is most likely in an ABC (purple) zigzag unless breaks below the horizontal support (lighter green).

1 hour

The EUR/USD was indeed in the final 5th wave (green). Price has in the meantime pulled back to the 50% Fibonacci retracement level of th

...

View All


EUR/USD Breaks Trend Line during Wave 5 2015.12.29


EUR/USD

4 hour

The EUR/USD could be building an ABC (purple) but it has a strong resistance layer (red) above it. A break below support (lighter green) would change the current wave count.

1 hour

The EUR/USD could be in the final 5th wave (green) of a bigger ABC bullish

...

View All


Weekly Forex Overview: USD Ready for Breakout?


Weekly video recap with in focus EURUSD triangle offers both bearish and bullish break, GBPUSD at bottom of downtrend channel, AUDUSD could bounce within triangle and USDJPY attempting to break below weekly support.

...

View All


GBPUSD & USDJPY Break Trend Lines and Expand Corrections 2015.12.27


EUR/USD

4 hour

The EUR/USD is in a corrective sideways zone marked by support (green) and resistance (red).

1 hour

The EUR/USD has a support (green) and resistance (orange) trend line nearby. A break above resistance could see price continue higher as part of wave 5 (blu

...

View All